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The key stock indices on Wall Street opened in the red on Thursday, with sentiment affected by the ongoing flow of corporate earnings reports, alongside lingering concerns over US tariffs, inflated tech valuations, and inconsistent economic figures.

At the opening bell, the Dow Jones Industrial Average fell 55.9 points, or 0.12%, to 47,255.12. The S&P 500 fell 8.7 points, or 0.13%, to 6,787.59​, while the Nasdaq Composite dropped 38.5 points, or 0.16%, to 23,461.289.

Gold prices climbed on Thursday, holding steady near $4,000 per ounce. This increase was buoyed by a feebler US dollar and renewed demand for a safe haven, owing to worries over a protracted US government shutdown and lingering doubt concerning the legality of Trump tariffs.

Spot gold gained 0.4% to reach $3,998.65 per ounce by 09:43 ET (1207 GMT). US gold futures for December delivery rose 0.3% to $4,005.40 per ounce.

Among other metals, spot silver advanced 0.4% to $48.24 per ounce. Conversely, platinum dipped 0.2% to $1,568.26, and palladium declined 1.3% to $1,401.14.

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