Stock Market Update
06-Oct-25 14:00 ET
Gold surges to $3,976 as global political turmoil and Fed cut bets spur safe-haven demand
Dow -21.76
at 46736.31,
Nasdaq +183.91
at 22964.43,
S&P +32.27
at 6748.05
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.81%) is in first place on Monday afternoon, up about 184 points.
Gold futures settled $67.40 higher (+1.7%) at $3,976.30/oz, as investors piled into safe havens amid U.S. government shutdown fears and renewed bets on Fed rate cuts. Political turmoil in Japan and France added to global uncertainty, further boosting demand for the yellow metal.
Meanwhile, the U.S. Dollar Index is up about +0.4$ to $98.11.
