Stock Market Update
21-May-26 14:00 ET
Gold edges up on Iran tensions, capped by yields and dollar strength
Dow +298.51
at 50307.86,
Nasdaq +120.68
at 26412.04,
S&P +28.26
at 7461.23
[BRIEFING.COM] The Nasdaq Composite (+0.46%) is in second place on Thursday afternoon, up about 120 points.
Gold futures settled $7.20 higher (+0.2%) at $4,542.50/oz, as uncertainty surrounding U.S./Iran nuclear negotiations supported safe-haven demand. Gains were limited by higher Treasury yields and a firmer U.S. dollar amid concerns that inflation could keep the Fed cautious on rate cuts.
Meanwhile, the U.S. Dollar Index is now flat at $99.14.
