Stock Market Update
22-Sep-25 14:00 ET
Gold jumps $69.30 to $3,775 on Fed cut bets, weaker dollar, and safe-haven demand
Dow +73.03
at 46388.09,
Nasdaq +134.12
at 22765.60,
S&P +25.23
at 6689.58
[BRIEFING.COM] The Nasdaq Composite (+0.59%) is in first place on Monday afternoon, up about 134 points with about two hours to go in the session.
Gold futures settled $69.30 higher (+1.8%) at $3,775.10/oz, as investors priced in further Fed rate cuts following last week's 25 bp reduction, with softer yields and a weaker dollar boosting demand for the yellow metal. Lingering inflation concerns, central bank buying, and safe-haven flows amid global uncertainty added to the upside momentum.
Meanwhile, the U.S. Dollar Index is down about -0.3% to $97.35.
