Stock Market Update
11-May-26 14:00 ET
Gold edges higher to $4,733/oz on positioning ahead of inflation data
Dow +112.20
at 49721.36,
Nasdaq +77.66
at 26324.73,
S&P +25.79
at 7424.72
[BRIEFING.COM] The Nasdaq Composite (+0.30%) is in second place on Monday afternoon, up about 78 points.
Gold futures settled $2.30 higher (+0.1%) at $4,733/oz, as investors positioned ahead of upcoming U.S. inflation data and maintained safe-haven exposure amid ongoing geopolitical tensions and elevated energy-market risks. The move was also supported by relatively steady Treasury yields and a stable dollar, with analysts framing the uptick as positioning-driven rather than the result of a new macro catalyst.
Meanwhile, the U.S. Dollar Index is near flat lines at $97.91.
