Stock Market Update
22-Nov-24 14:00 ET
Geopolitical tensions fuel gold's weekly rally
Dow +336.96
at 44207.31,
Nasdaq +18.96
at 18991.41,
S&P +18.36
at 5967.08
[BRIEFING.COM] With about two hours to go on Friday the tech-heavy Nasdaq Composite (+0.10%) holds the shallowest gains.
Gold futures settled $37.30 higher (+1.4%) to $2,712.20/oz, ultimately up +5.5% on the week, aided in part by ongoing geopolitical tensions in the Middle East and in the Russia-Ukraine conflict.
Meanwhile, the U.S. Dollar Index is up about +0.5% to $107.50.
