Stock Market Update
29-Jun-26 14:00 ET
Gold Slips 1.4% as Risk Sentiment Improves and Yields Rise
Dow +384.65
at 52260.76,
Nasdaq +463.62
at 25782.23,
S&P +81.34
at 7435.36
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.83%) is in first place on Monday afternoon, up about 463 points.
Gold futures settled $57.40 lower (-1.4%) at $4,038.90/oz, as easing geopolitical tensions, including renewed U.S./Iran negotiations, reduced safe-haven demand for bullion. At the same time, a firmer dollar, higher Treasury yields, and expectations that the Fed will maintain a restrictive policy stance further pressured prices ahead of key U.S. labor data.
Meanwhile, the U.S. Dollar Index is down -0.3% to $101.10.
