Stock Market Update
30-Jun-25 14:00 ET
Gold gains 0.6% to $3,307.70 as dollar weakens, Fed cut bets build
Dow +120.83
at 43940.10,
Nasdaq +39.25
at 20312.72,
S&P +9.79
at 6182.86
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.19%) is in second place on Monday afternoon, up about 40 points.
Gold futures settled $20.10 higher (+0.6%) at $3,307.70/oz, supported by a weaker U.S. dollar and easing geopolitical tensions, particularly in the Middle East and between the U.S. and China. The move also reflects investor positioning ahead of potential Fed rate cuts, which enhance the appeal of non-yielding assets like gold.
Meanwhile, the U.S. Dollar Index is down about -0.4% to $96.97.
