Stock Market Update
27-Oct-25 14:00 ET
Gold drops 2.9% to $4,019 as trade optimism and rising yields curb safe-haven demand
Dow +232.22
at 47439.13,
Nasdaq +398.63
at 23603.52,
S&P +69.48
at 6861.16
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.72%) is in first place on Monday afternoon, up about 399 points.
Gold futures settled $118.10 lower (-2.9%) at $4,019.70/oz, as optimism over renewed U.S./China trade talks reduced safe-haven demand. A stronger dollar and higher Treasury yields also pressured prices, prompting profit-taking after gold's recent rally.
Meanwhile, the U.S. Dollar Index is down less than -0.1% to $98.89.
