Stock Market Update
21-Sep-26 14:00 ET
Gold Falls 0.9% as Dollar, Yields Rise and December Fed Hike Bets Grow
Dow +300.65
at 51983.29,
Nasdaq +554.26
at 27097.85,
S&P +107.94
at 7758.44
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+2.09%) is firmly higher this afternoon, up about 554 points.
Gold futures settled $41 lower (-0.9%) at $4,383.90/oz, as a stronger dollar and higher Treasury yields pressured the non-yielding metal, while markets increasingly priced in the possibility of another Fed rate hike in December. Easing oil prices and reduced safe-haven demand also weighed on bullion, despite ongoing geopolitical risks.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $100.42.
