Stock Market Update
08-Apr-25 14:00 ET
Gold rebounds from 4-week low as trade tensions weigh on dollar
Dow +289.24
at 38254.84,
Nasdaq +56.08
at 15659.35,
S&P +21.52
at 5083.77
[BRIEFING.COM] With about two hours to go on Tuesday the tech-heavy Nasdaq Composite (+0.36%) is back in the green after spending a brief portion of the prior half hour in negative territory.
Gold futures settled $16.60 higher (+0.6%) at $2,990.20/oz, rebounding from a near four-week low. The gains were due in part to renewed investor concerns related to escalating global trade tensions, particularly between the United States, China, and the European Union.
Meanwhile, the U.S. Dollar Index is down about -0.4% to $103.09.
