Stock Market Update

[BRIEFING.COM] The Nasdaq Composite (-0.13%) is in last place on Monday afternoon, down about 28 points.

Gold futures settled less than $4.60 lower (-0.1%) at $3,378.00/oz, driven by a modest easing of safe-haven demand amid improving risk sentiment and rising yields. Market optimism around a potential Ukraine peace deal, coupled with expectations of a U.S. Federal Reserve interest-rate cut in September, has reduced gold's relative appeal, particularly as global equities rally and corporate earnings remain strong.

Meanwhile, the U.S. Dollar Index is up +0.3% to $98.14.