Stock Market Update
24-Jul-26 14:00 ET
Gold Ends Higher, Posts Weekly Gain on Safe-Haven Demand Ahead of Fed
Dow +282.68
at 51994.33,
Nasdaq -21.62
at 25137.08,
S&P +27.33
at 7435.63
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.09%) is down about 22 points this afternoon, the only major average in the red.
Gold futures settled $20.60 higher (+0.5%) at $4,070.80/oz, finishing the week up 1.29% as investors bought the recent dip and sought safe-haven assets amid ongoing Middle East uncertainty. Markets also looked ahead to next week's Federal Reserve meeting, with expectations the central bank will hold rates steady while maintaining a cautious stance on inflation, helping support gold prices.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $101.47.
