[BRIEFING.COM] The Nasdaq Composite (-2.03%) is firmly lower, down about 444 points with two hours remaining on Thursday.
Gold futures settled $176.00 lower (-3.9%) at $4,376.30/oz, as a stronger U.S. dollar and rising Treasury yields, driven in part by higher oil prices, reduced demand for the non-yielding metal. At the same time, fading rate-cut expectations and a shift toward cash over safe-haven assets further pressured bullion despite ongoing geopolitical tensions.
Meanwhile, the U.S. Dollar Index is about +0.3% higher to $99.95.