Stock Market Update
14-Jul-25 14:00 ET
Nasdaq leads as gold slips on dollar strength, yield rise following Trump tariff threats
Dow +52.21
at 44423.72,
Nasdaq +64.50
at 20650.03,
S&P +8.80
at 6268.55
[BRIEFING.COM] The Nasdaq Composite (+0.31%) is in first place on Monday afternoon, up about 64 points.
Gold futures settled $4.90 lower (-0.2%) at $3,359.10/oz, as the market digested a mix of geopolitical risk and monetary pressures. After briefly hitting a three-week high on renewed safe-haven demand, driven by President Trump's threat of new tariffs, including a 30% duty on EU and Mexican imports, gold eased off due to strength in the U.S. dollar and rising Treasury yields. Investors are now awaiting forthcoming inflation data, which could offer fresh clues on the Federal Reserve's policy direction and in turn shape gold's outlook.
Meanwhile, the U.S. Dollar Index is up about +0.3% to $98.13.
