Stock Market Update
24-Nov-25 14:00 ET
Gold Edges Higher on Fed Cut Bets as Nasdaq Surges, Gains Capped by Firm Dollar
Dow +306.63
at 46551.83,
Nasdaq +577.51
at 22850.61,
S&P +105.37
at 6708.35
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+2.59%) is firmly higher on Monday afternoon, up more than 577 points.
Gold futures settled $14.70 higher (+0.4%) at $4,094.20/oz, as traders leaned into growing expectations for a December Fed rate cut, following dovish signals suggesting the labor market is cooling. Gains were partially restrained by a firmer dollar, which tempered broader safe-haven demand.
Meanwhile, the U.S. Dollar Index is down less than -0.1% to $100.14.
