Stock Market Update
16-Jul-26 14:00 ET
Gold Falls 1.5% as Stronger Dollar, Higher Yields Pressure Bullion
Dow -129.63
at 52529.01,
Nasdaq -308.76
at 25981.47,
S&P -36.68
at 7535.72
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-1.18%) is in last place on Thursday afternoon, down about 309 points.
Gold futures settled $59.70 lower (-1.5%) at $3,992.10/oz, as a stronger U.S. dollar and higher Treasury yields pressured bullion prices. Investors also worried that rising Middle East tensions could lift energy prices and keep the Federal Reserve cautious on cutting interest rates.
Meanwhile, the U.S. Dollar Index is up +0.3% to $100.78.
