Stock Market Update
01-Dec-25 14:00 ET
Gold Rises on Fed Cut Bets and Softer Dollar as Risk-Off Mood Lifts Safe-Haven Demand
Dow -167.71
at 47548.50,
Nasdaq -13.57
at 23352.15,
S&P -6.40
at 6842.68
[BRIEFING.COM] The Nasdaq Composite (-0.06%) is in "first" place on Monday afternoon, down only 14 points.
Gold futures settled $19.90 higher (+0.5%) at $4,274.80/oz, as traders leaned into expectations of a near-term Fed rate cut and a weaker dollar boosted demand for bullion. Safe-haven buying also picked up amid softer U.S. data and a broader risk-off tone in markets.
Meanwhile, the U.S. Dollar Index is down less than -0.1% to $99.38.
