Stock Market Update
06-Aug-26 14:00 ET
Gold Slips on Profit-Taking Ahead of Friday's Jobs Report
Dow -430.55
at 53918.57,
Nasdaq -18.70
at 26365.76,
S&P -15.59
at 7707.96
[BRIEFING.COM] The Nasdaq Composite (-0.07%) is in "first" place on Thursday afternoon, down about 19 points, as more aggressive losses are being had elsewhere.
Gold futures settled $5.60 lower (-0.1%) at $4,299.60/oz, as investors took profits following Wednesday's sharp rally and awaited Friday's U.S. jobs report for further clues on the Federal Reserve's interest rate path. Despite the modest decline, a weaker U.S. dollar and lower Treasury yields continued to provide support for gold prices.
Meanwhile, the U.S. Dollar Index is up almost +0.3% to $99.95.
