Stock Market Update
02-Jun-26 14:00 ET
Gold rises to $4,519.90/oz on safe-haven demand and softer dollar ahead of jobs data
Dow +134.83
at 51213.71,
Nasdaq -16.18
at 27091.63,
S&P +5.49
at 7605.45
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.06%) is now down about 16 points this afternoon.
Gold futures settled $13.60 higher (+0.3%) at $4,519.90/oz, as a softer U.S. dollar and ongoing uncertainty surrounding U.S.-Iran negotiations supported safe-haven demand. Investors also remained cautious ahead of key U.S. labor market data later this week, which could provide further insight into the Federal Reserve's interest-rate outlook.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $99.28.
