Stock Market Update
15-Apr-26 14:00 ET
Gold Slips as Stronger Dollar, Fading Fed Cut Bets Weigh on Safe-Haven Demand
Dow -154.64
at 48381.35,
Nasdaq +226.03
at 23865.12,
S&P +31.45
at 6925.83
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.96%) is in first place this afternoon, up about 226 points.
Gold futures settled $26.90 lower (-0.5%) at $4,823.60/oz, as a firmer dollar and reduced expectations for near-term Fed rate cuts weigh on prices. The pullback also reflects profit-taking and easing geopolitical tensions, which have softened safe-haven demand.
Meanwhile, the U.S. Dollar Index is now flat at $98.10.
