Midday Market Update: Markets Lifted On Economic News | Page 2 of 2 | ETF Trends

In commodities news, gold climbed to a three-month high as the U.S. dollar weakened and investors grew a bit more uncertain of where the equity markets are going.  The precious metal rose to $982.50/ounce in the London markets and further pushed the SPDR Gold Trust (GLD) up 1% in morning trading.

By late morning, all three major U.S. indexes were in positive territory as the Dow Jones Industrial Average gained 0.2%, the S&P 500 added 0.3% and the Nasdaq jumped 0.2%.

For more stories on gold, visit our gold category.

Kevin Grewal contributed to this article.