Stock Market Update
07-Jan-26 14:00 ET
Gold Slides on Profit-Taking, Firmer Dollar as Traders Eye Key U.S. Data
Dow -251.74
at 49210.13,
Nasdaq +148.22
at 23695.42,
S&P +8.66
at 6953.47
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.63%) is up about 150 points, standing tall in a mixed tape on Wednesday.
Gold futures settled $33.60 lower (-0.8%) at $4,462.50/oz, as traders took profits following recent gains, while a firmer U.S. dollar weighed on prices. Investors also pared exposure ahead of key U.S. economic data that could influence the timing of expected Federal Reserve rate cuts.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $98.67.
