Stock Market Update
09-Apr-26 14:00 ET
Gold Climbs $40.80 to $4,818 on Safe-Haven Demand, Dollar Weakness
Dow +380.05
at 48288.86,
Nasdaq +170.77
at 22805.78,
S&P +45.57
at 6830.47
[BRIEFING.COM] The Nasdaq Composite (+0.75%) is in second place on Thursday afternoon, up about 171 points.
Gold futures settled $40.80 higher (+0.9%) at $4,818.00/oz, on a weaker U.S. dollar and softer Treasury yields, which boosted demand for non-yielding assets. Ongoing Middle East tensions and positioning ahead of key U.S. inflation data also supported safe-haven buying and rate-cut expectations.
Meanwhile, the U.S. Dollar Index is down about -0.3% to $98.70.
