Stock Market Update
09-Dec-25 13:55 ET
Gold edges higher on softer dollar, Fed-cut hopes despite mixed rate signals
Dow -109.20
at 47629.91,
Nasdaq +63.75
at 23609.69,
S&P +6.70
at 6853.20
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.27%) is today's best-performing major average, up about 64 points.
Gold futures settled $17.30 higher (+0.4%) at $4,235/oz, reflecting support from a softer dollar and growing expectations for near-term Fed rate cuts, which boosted investor appetite for bullion. Safe-haven demand also helped, though higher Treasury yields and lingering hawkish Fed signals kept the move in check.
Meanwhile, the U.S. Dollar Index is up +0.1% to $99.26.
