Stock Market Update
18-Sep-26 14:00 ET
Gold Rises 0.6% as Lower Oil and Treasury Yields Ease Inflation Concerns
Dow -162.68
at 51615.36,
Nasdaq -1.61
at 26437.73,
S&P -8.55
at 7629.21
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.01%) is less than 2 points lower on Friday afternoon.
Gold futures settled $25.20 higher (+0.6%) at $4,424.90/oz, +0.4% on the week, as easing oil prices and lower Treasury yields reduce concerns about an energy-driven inflation shock and prolonged Fed tightening. The move also reflects short-covering after the Fed’s hawkish rate hike, although a stronger dollar and expectations for further rate increases are limiting gains.
Meanwhile, the U.S. Dollar Index is flat to $100.23.
