Stock Market Update
04-Nov-25 14:00 ET
Gold slides 1.3% to $3,960 as stronger dollar, higher yields curb demand
Dow -304.07
at 47032.40,
Nasdaq -395.84
at 23438.91,
S&P -72.21
at 6779.75
[BRIEFING.COM] With about two hours until the bell the tech-heavy Nasdaq Composite (-1.66%) is in last place, down more than 395 points.
Gold futures settled $53.50 lower (-1.3%) at $3,960.50/oz on Tuesday as a stronger dollar and rising Treasury yields dented demand for the non-yielding metal. Traders also pared back expectations for a December Fed rate cut, prompting profit-taking after gold's recent rally.
Meanwhile, the U.S. Dollar Index is up about +0.3% to $100.18.
