Stock Market Update
15-Oct-25 14:00 ET
Gold rises to $4,201 as dovish Fed bets and global tensions boost safe-haven demand
Dow +33.33
at 46303.58,
Nasdaq +99.15
at 22620.87,
S&P +17.62
at 6661.92
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.44%) is the top performer on Wednesday afternoon, firmly off lows from the previous half hour.
Gold futures settled $38.20 higher (+0.9%) at $4,201.60/oz, as investors bet on multiple Fed rate cuts following dovish central bank comments. Safe-haven demand also strengthened amid renewed U.S./China trade tensions, political uncertainty abroad, and a weaker dollar.
Meanwhile, the U.S. Dollar Index is down about -0.2% to $98.82.
