Stock Market Update
11-Sep-24 14:00 ET
Gold treads water as investors digest CPI data
Dow -74.31
at 40662.65,
Nasdaq +197.23
at 17223.09,
S&P +11.94
at 5507.46
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.16%) notched fresh session highs in the last half hour, now up about 197 points.
Gold futures settled less than $1 lower to $2,542.40/oz, held down a bit by this morning's CPI data which served to quell sentiment of a outsized rate cut at the Fed's next opportunity.
Meanwhile, the U.S. Dollar Index is up now less than +0.1% to $101.69.
