Stock Market Update
15-Sep-25 14:00 ET
Gold hits record $3,719 as Fed rate cut bets, weaker dollar fuel safe-haven demand
Dow +39.10
at 45873.11,
Nasdaq +184.79
at 22325.89,
S&P +28.99
at 6613.28
[BRIEFING.COM] The Nasdaq Composite (+0.83%) is in first place among the major averages with about two hours to go on Monday.
Gold futures settled $32.40 higher (+0.9%) at $3,719.00/oz, as traders bet heavily on Fed rate cuts in the weeks ahead. The move to fresh highs came amid mounting expectations that soft U.S. labor data and easing inflation pressures will prompt policymakers to pivot toward looser monetary policy. A weaker dollar and declining Treasury yields further underpinned bullion, while lingering geopolitical and policy uncertainty added to safe-haven flows.
Meanwhile, the U.S. Dollar Index is down about -0.3% to $97.30.
