Stock Market Update
09-Apr-25 13:55 ET
Gold rallies $89 despite tariff pause, settles at $3,079 as markets soar ahead of Fed Minutes
Dow +2114.66
at 39760.25,
Nasdaq +1291.34
at 16559.26,
S&P +330.81
at 5313.58
[BRIEFING.COM] Stocks remain aggressively higher following President Trump's decision to put a 90-day pause on reciprocal tariffs for countries angling to negotiate with the U.S. The tech-heavy Nasdaq Composite (+8.46%) is up more than 1,200 points with the FOMC Minutes for the March 18-19 meeting due at the top of the hour.
Gold futures settled $89.20 higher (+3.0%) at $3,079.40/oz, cooling a bit following the aforementioned tariff pause news but still handily higher.
Meanwhile, the U.S. Dollar Index is down -0.2% to $102.78.
