Global Stocks Fall, Gold Rises After Brussels Explosions

Gold futures on Tuesday gained on apparent haven demand, while global stocks retreated, following explosions at a Brussels airport that reportedly left several people wounded and dead. Gold futures traded 1.2% higher at $1,258.60 an ounce. S&P 500 futures dropped by 13.70 points, or 0.7%, to 2,029, while Dow Jones Industrial Average futures fell by 92 points, or 0.5, to 17,436. The Stoxx Europe 600 was down by 1.6% to 335.42. More than 100 people have been injured in the blasts at the airport in Belgium, which has been on high alert after the arrest of a Paris attack suspect. "The European markets began to fall this Tuesday, reports of two explosions at Brussels airport sending the markets sharply lower," said Connor Campbell, an analyst at Spreadex, in a note.