Stock Market Update
17-Jan-25 14:00 ET
Gold holds weekly gain despite minor dip, supported by weaker dollar and policy uncertainty
Dow +407.79
at 43560.92,
Nasdaq +318.15
at 19656.44,
S&P +67.70
at 6008.66
[BRIEFING.COM] The Nasdaq Composite (+1.65%) holds firm atop the major averages, having shaved a few points off its levels over the prior half hour.
Gold futures settled $2.20 lower (-0.1%) to $2,748.70/oz, ultimately ending up +1.2% higher on the week aided in part by a modest dip in the greenback, while uncertainty over President-elect Trump's policies fuels weekly rise.
Currently, the U.S. Dollar Index is up about +0.3% to $109.30.
