Stock Market Update
24-Sep-26 14:00 ET
Gold Slides as Oil, Yields, Dollar Weigh on Bullion
Dow -202.68
at 51308.91,
Nasdaq -63.29
at 26893.79,
S&P -10.85
at 7695.18
[BRIEFING.COM] With about two hours to go on Thursday afternoon the tech-heavy Nasdaq Composite (-0.23%) is in second place, down about 63 points.
Gold futures settled $20.40 lower (-0.5%) at $4,298/oz, as rising oil prices and elevated Treasury yields reinforce inflation concerns and expectations for further Fed tightening, reducing the appeal of non-yielding bullion. A stronger dollar and stalled U.S.-Iran talks are adding to the pressure.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $101.35.
