Stock Market Update
05-Dec-25 14:00 ET
Gold Holds Steady but Clocks Weekly Gain as Softer Dollar, Fed-Cut Hopes Lend Support
Dow +176.64
at 48027.37,
Nasdaq +66.87
at 23572.04,
S&P +17.95
at 6875.06
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.28%) is in second place on Friday afternoon, up about 67 points.
Gold futures settled flat at $4,243.00/oz, on Friday but logged a modest weekly gain (+0.66%) as a softer U.S. dollar and growing expectations for Fed rate cuts continued to underpin the yellow metal. Traders stayed cautious ahead of upcoming U.S. inflation data, which could recalibrate those rate-cut bets and set the next direction for bullion.
Meanwhile, the U.S. Dollar Index is down less than -0.1% to $98.99.
