Stock Market Update
19-Aug-25 14:00 ET
Gold slips ahead of Jackson Hole as rate-cut bets, diplomatic progress pressure safe-haven demand
Dow -6.69
at 44905.13,
Nasdaq -285.47
at 21342.92,
S&P -36.47
at 6412.68
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-1.32%) is in last place on Tuesday afternoon, down 285 points.
Gold futures settled less than $19.30 lower (-0.6%) at $3,358.70/oz, the decline reflected caution ahead of the Fed's annual Jackson Hole symposium, where investors are looking for signals on the next policy move with markets pricing an 84% chance of a 25 bps cut at the September meeting. Diplomatic progress involving the U.S., Ukraine, and European allies also eased safe-haven demand, adding to the pressure on the yellow metal.
Meanwhile, the U.S. Dollar Index is up about +0.1% to $98.22.
