Stock Market Update
13-Jan-26 14:00 ET
Gold Slips After Record Run as Profit-Taking Emerges, Dollar Firms Ahead of Inflation Data
Dow -322.41
at 49267.58,
Nasdaq -73.24
at 23660.69,
S&P -23.48
at 6953.78
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-0.31%) is down 73 points this afternoon, probing afternoon lows in recent trading.
Gold futures settled $15.60 lower (-0.3%) at $4,599.10/oz, easing after Monday's surge to record highs as traders took profits. The pullback follows heavy safe-haven buying tied to concerns over Fed leadership and central bank independence, with investors now pausing ahead of upcoming U.S. inflation data.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $99.10.
