Stock Market Update
15-Jul-26 14:00 ET
Gold Pulls Back as Investors Take Profits, Weigh Inflation and Fed Outlook
Dow +163.24
at 52671.51,
Nasdaq +154.70
at 26282.71,
S&P +26.68
at 7570.27
[BRIEFING.COM] The Nasdaq Composite (+0.59%) is in first place on Wednesday afternoon up about 155 points.
Gold futures settled $17.90 lower (-0.4%) at $4,051.80/oz, as investors took profits following recent gains, while weighing softer inflation data against renewed concerns about energy-driven price pressures. The move reflected a balancing act between expectations for a more accommodative Fed policy and lingering geopolitical risks that continue to support demand for safe-haven assets.
Meanwhile, the U.S. Dollar Index is down -0.5% to $100.40.
