Stock Market Update
10-Jul-26 14:00 ET
Gold Falls as Profit-Taking, Higher Yields Weigh on Safe-Haven Demand
Dow +167.31
at 52654.72,
Nasdaq +69.28
at 26297.17,
S&P +25.74
at 7569.38
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.26%) hosts the shallowest advance on Friday afternoon, up about 69 points.
Gold futures settled $27.10 lower (-0.7%) at $4,133.70/oz, down about -0.3% on the wee, as investors took profits following Thursday's rally, while easing geopolitical tensions and higher Treasury yields reduced demand for safe-haven assets. Expectations that the Federal Reserve will keep interest rates elevated, along with a firmer U.S. dollar, also pressured bullion this week.
Meanwhile, the U.S. Dollar Index is less than -0.1% lower at $100.92.
