Stock Market Update

[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.01%) is up about 238 points this afternoon, leading the major averages.

Gold futures settled $0.10 higher (flat) at $5,082.60/oz, as safe-haven demand tied to geopolitical risk, U.S. trade tensions, and fiscal uncertainty continues to offset near-term profit-taking after its recent record run. Structural support from central bank and institutional buying, along with caution ahead of this week's Fed meeting, is keeping prices anchored at elevated levels.

Meanwhile, the U.S. Dollar Index is down about -0.9% to $96.20.