Stock Market Update
11-Sep-26 14:00 ET
Gold Edges Higher on Dip-Buying, Lower Yields; Rate-Hike Bets Cap Gains
Dow +580.16
at 52644.26,
Nasdaq +310.91
at 26413.68,
S&P +80.38
at 7672.08
[BRIEFING.COM] The Nasdaq Composite (+1.19%) is in first place on Friday afternoon, up north of 310 points.
Gold futures settled $1.60 higher (+0.0%) at $4,408.90/oz, down then -1.51% on the week, as dip-buying and lower Treasury yields provided support. Gains were limited by expectations for a September Fed rate hike, while easing oil prices helped temper inflation and yield concerns.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $99.09.
