Stock Market Update
30-Dec-25 13:55 ET
Gold rebounds nearly 1% on bargain-hunting, short covering after margin-led selloff
Dow -49.48
at 48412.24,
Nasdaq -5.63
at 23468.75,
S&P -0.19
at 6905.54
[BRIEFING.COM] The Nasdaq Composite (-0.02%) is in second place on Tuesday afternoon, down about six points, ahead of the FOMC's December meeting minutes which are due at the top of the hour.
Gold futures settled $40.80 higher (+0.9%) at $4,384.40/oz, as bargain-hunting and short covering emerged following this week's sharp, margin-driven selloff, with thin year-end liquidity amplifying the move. The bounce was supported by renewed safe-haven demand amid geopolitical uncertainty, a softer dollar, and expectations that gold's core macro tailwinds remain intact despite recent volatility.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $98.19.
