Stock Market Update
30-Oct-25 14:00 ET
Gold climbs as investors weigh Fed rate cut and renewed geopolitical risks
Dow +155.23
at 47787.02,
Nasdaq -210.30
at 23748.20,
S&P -25.58
at 6865.00
[BRIEFING.COM] With about two hours to go on Thursday the tech-heavy Nasdaq Composite (-0.88%) is today's worst-performing major average, down about 210 points.
Gold futures settled $15.20 higher (+0.4%) at $4,015.90/oz, as investors balanced the Fed's latest 25 bp rate cut with cautious comments from Chair Powell that tempered expectations for another move in December. Safe-haven demand also picked up amid uncertainty surrounding the new U.S./China trade accord and lingering geopolitical risks.
Meanwhile, the U.S. Dollar Index is up about +0.4% to $99.54.
