Stock Market Update
10-Oct-25 14:00 ET
Gold tops $4,000 as safe-haven demand rises on geopolitical, fiscal jitters
Dow -595.01
at 45763.20,
Nasdaq -568.36
at 22456.29,
S&P -122.92
at 6612.18
[BRIEFING.COM] The Nasdaq Composite (-2.47%) is in last place on Friday afternoon, down about 569 points.
Gold futures settled $31.80 higher (+0.8%) at $4,000.40/oz, ultimately up +2.34% on the week, as investors sought safety amid global geopolitical tensions and U.S. fiscal uncertainty. The rally was further supported by renewed Fed rate-cut expectations, central bank buying, and a softer dollar.
Meanwhile, the U.S. Dollar Index is down -0.4% to $99.03.
