Stock Market Update
14-Jul-26 14:00 ET
Gold Rebounds as Softer Inflation Data Fuels Fed Rate Cut Bets
Dow -63.31
at 52435.33,
Nasdaq +279.50
at 26173.68,
S&P +33.16
at 7548.50
[BRIEFING.COM] The Nasdaq Composite (+1.08%) is in first place on Tuesday afternoon, up about 280 points.
Gold futures settled $64 higher (+1.6%) at $4,069.70/oz, as softer U.S. inflation data boosted expectations for a less restrictive Federal Reserve policy, pressuring the dollar and supporting bullion. Renewed geopolitical concerns also fueled safe-haven demand, helping gold recover from the prior session’s decline.
Meanwhile, the U.S. Dollar Index is down about -0.4% to $100.91.
