Stock Market Update
11-Sep-25 13:55 ET
Gold slips as hot CPI tempers Fed cut hopes
Dow +601.55
at 46092.47,
Nasdaq +150.30
at 22036.36,
S&P +51.09
at 6583.13
[BRIEFING.COM] With about two hours to go on Thursday the tech-heavy Nasdaq Composite (+0.69%) is in last place as more aggressive gains are being had elsewhere. Due out at the top of the hour is the Treasury's Monthly Budget.
Gold futures settled $8.40 lower (-0.2%) at $3,673.60/oz, after hotter-than-expected headline CPI tempered Fed rate-cut hopes, though softer jobless claims data offered a partial offset.
Meanwhile, the U.S. Dollar Index is down about -0.3% to $97.54.
