Stock Market Update
08-Sep-25 14:00 ET
Gold rises to fresh records on Fed cut bets, dollar weakness
Dow -64.24
at 45336.62,
Nasdaq +96.78
at 21797.17,
S&P +4.23
at 6485.73
[BRIEFING.COM] The Nasdaq Composite (+0.45%) is in first place on Monday afternoon, about 97 points higher.
Gold futures settled $24.10 higher (+0.7%) at $3,677.40/oz, supported by heightened bets on a September Fed rate cut after Friday's weaker U.S. jobs data. Softer yields, dollar pressure, and continued central bank buying added to the move, pushing the yellow metal further into record territory.
Meanwhile, the U.S. Dollar Index is now down about -0.2% to $97.62.
