Stock Market Update
03-Sep-24 14:00 ET
Gold lower amid stronger dollar
Dow -474.35
at 41088.73,
Nasdaq -468.72
at 17244.89,
S&P -91.48
at 5556.92
[BRIEFING.COM] With about two hours to go on Tuesday the tech-heavy Nasdaq Composite (-2.65%) remains the top lagging major average, continuing to slump modestly and now at session lows over the prior half hour.
Gold futures settled $4.60 lower (-0.2%) to $2,523.00/oz, continuing to peel off recent all-time highs as the dollar applies some pressure ahead of some key economic data later in the week -- JOLTS, unemployment claims, and payroll data.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $101.86.
