Stock Market Update
20-Oct-25 14:00 ET
Gold surges to record highs as trade and shutdown worries fuel safe-haven demand
Dow +515.41
at 46705.81,
Nasdaq +334.56
at 23014.56,
S&P +75.36
at 6739.36
[BRIEFING.COM] The Nasdaq Composite (+1.48%) is leading the major averages, up about 334 points with two hours to go on Monday.
Gold futures settled $146.10 higher (+3.4%) at $4,359.40/oz, as investors piled into safe havens on renewed U.S./China trade tensions and lingering U.S. government shutdown worries. Expectations for Fed rate cuts and ongoing central-bank buying further boosted demand, pushing prices to fresh record highs.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $98.62.
