Stock Market Update
04-Dec-25 14:00 ET
Gold Edges Higher on Softer Jobs Data, Rate-Cut Bets Despite Steady Dollar
Dow +3.58
at 47886.27,
Nasdaq +28.65
at 23482.78,
S&P +6.15
at 6855.86
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.12%) is in front of the major averages with about two hours to go on Thursday, up about 29 points.
Gold futures settled $10.50 higher (+0.3%) at $4,243.00/oz, supported by rising expectations of a Fed rate cut after softer U.S. employment data. A weaker dollar and persistent macro uncertainty added to safe-haven demand, keeping gold firmly bid.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $98.94.
