[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.81%) is in first place on Wednesday afternoon, up about 186 points.
Gold futures settled $25.00 higher (+0.6%) at $4,202.30/oz, as traders leaned harder into expectations for a December Fed rate cut following softer U.S. data and continued dovish signals. The move was supported by firm longer-term demand sentiment, with fresh forecasts pointing to sustained central-bank and investor buying into 2026.
Meanwhile, the U.S. Dollar Index is down about -0.2% to $99.60.