Stock Market Update
14-Aug-25 14:00 ET
Gold pulls back as dollar firms, profit-taking eases recent Fed-cut rally
Dow -100.03
at 44822.24,
Nasdaq -0.11
at 21711.64,
S&P -3.55
at 6463.03
[BRIEFING.COM] The Nasdaq Composite (flat) is down less than a point on Thursday afternoon.
Gold futures settled $25.10 lower (-0.7%) at $3,383.20/oz, as the dollar steadied and traders took profits after recent gains fueled by expectations for a September Fed rate cut. Lower trading volume and a drop in open interest on COMEX suggested waning speculative momentum, with some investors stepping to the sidelines despite the still supportive backdrop of easing prospects.
Meanwhile, the U.S. Dollar Index is up +0.5% to $98.29.
