Stock Market Update
24-Mar-26 13:55 ET
Gold Slips as Stronger Dollar, Rising Yields Pressure Prices While Fed Cut Expectations Recede
Dow -73.11
at 46134.25,
Nasdaq -200.71
at 21746.06,
S&P -24.60
at 6558.39
[BRIEFING.COM] With about two hours to go on Tuesday afternoon the tech-heavy Nasdaq Composite (-0.91%) is leading losses, down about 200 points.
Gold futures settled $5.30 lower (-0.1%) at $4,402/oz, as a stronger U.S. dollar and elevated Treasury yields continue to weigh on demand for the non-yielding metal. At the same time, oil-driven inflation concerns tied to Middle East tensions are pushing out Fed rate-cut expectations, keeping additional pressure on prices.
Meanwhile, the U.S. Dollar Index is up about +0.4% to $99.57.
