Stock Market Update
25-Nov-25 14:00 ET
Gold Jumps as Dovish Fed Bets Intensify, Outweighing Dollar Moves Ahead of Key Data
Dow +566.17
at 47014.23,
Nasdaq +104.09
at 22976.12,
S&P +50.13
at 6755.24
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.46%) is today's shallowest advancing major average, up now about 105 points.
Gold futures settled $45.80 higher (+1.1%) at $4,140/oz, as traders ramped up expectations for a December Fed rate cut following dovish comments from officials and signs of cooling in the labor market. The shift toward looser policy outweighed dollar strength, boosting safe-haven demand ahead of key U.S. data releases.
Meanwhile, the U.S. Dollar Index is down about -0.5% to $99.70.
