Stock Market Update
30-Jun-26 14:00 ET
Gold Settles Flat as Stronger Dollar, Fed Rate Outlook Offset Bargain Buying
Dow +141.16
at 52323.90,
Nasdaq +342.95
at 26184.09,
S&P +52.37
at 7492.80
[BRIEFING.COM] The Nasdaq Composite (+1.33%) is firmly in front among the major averages, up about 343 points.
Gold futures settled $0.40 lower (-0.0%) at $4,038.50/oz, as investors weighed expectations for higher-for-longer Federal Reserve interest rates, which continued to support the U.S. dollar and limit demand for bullion. At the same time, bargain hunting after June's sharp decline helped offset pressure from easing geopolitical tensions that have reduced safe-haven demand.
Meanwhile, the U.S. Dollar Index adds less than +0.1% to $101.18.
