Stock Market Update
25-Jun-26 14:00 ET
Gold rebounds above $4,000 on softer dollar and bargain buying
Dow +164.21
at 52013.11,
Nasdaq -102.45
at 25395.18,
S&P +3.75
at 7361.97
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.40%) is in last place this afternoon, down about 102 points.
Gold futures settled $38.80 higher (+1.0%) at $4,047.60/oz, as a softer U.S. dollar and lower Treasury yields increased demand for the metal following a sharp recent pullback. The rebound was also supported by bargain hunting after gold briefly fell below $4,000/oz, while investors took comfort in inflation data that did little to alter expectations for Federal Reserve policy.
Meanwhile, the U.S. Dollar Index is down about -0.2% to $101.41.
