Stock Market Update
28-May-25 13:55 ET
Gold slips as stronger dollar and profit-taking weigh on prices
Dow -134.51
at 42209.14,
Nasdaq -10.58
at 19188.58,
S&P -12.07
at 5909.47
[BRIEFING.COM] With about two hours to go on Wednesday the tech-heavy Nasdaq Composite (-0.06%) is the "best" performing major average, albeit in a modestly lower effort.
Gold futures settled $5.50 lower (-0.2%) at $3,300.40/oz, as investors took profits after an early-session rally and a stronger U.S. dollar reduced demand.
Meanwhile, the U.S. Dollar Index is up about +0.3% to $99.87.
