Stock Market Update
18-Dec-25 14:00 ET
Gold slips modestly from record highs as firmer dollar, profit-taking offset rate-cut optimism
Dow +184.41
at 48070.17,
Nasdaq +390.99
at 23084.34,
S&P +71.46
at 6792.88
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.72%) is in first place on Thursday afternoon, up 390 points.
Gold futures settled $9.40 lower (-0.2%) at $4,364.50/oz, as a firmer U.S. dollar and some profit-taking pressured prices after recent record highs. The pullback comes as traders position cautiously ahead of key U.S. inflation data and central-bank signals, even as expectations for eventual Fed rate cuts continue to underpin gold longer term.
Meanwhile, the U.S. Dollar Index is up less than +0.1% at $98.46.
