Stock Market Update
15-Sep-26 14:00 ET
Gold Falls as Dollar, Yields and Oil Weigh Ahead of Fed Meeting
Dow -428.63
at 51992.57,
Nasdaq -208.70
at 25998.76,
S&P -36.30
at 7583.68
[BRIEFING.COM] The Nasdaq Composite (-0.80%) is in second place on Tuesday afternoon, down about 208 points.
Gold futures settled $19.10 lower (-0.4%) at $4,332.80/oz, as higher oil prices, a firmer U.S. dollar and rising Treasury yields weighed on the precious metal ahead of Wednesday's Fed meeting. Inflation concerns tied to the Middle East-driven oil surge have also fueled expectations for a more hawkish Fed stance, reducing gold's appeal as a non-yielding asset.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $99.66.
