Stock Market Update
13-Mar-25 14:00 ET
Gold surges to near-record highs as inflation data fuels Fed easing bets
Dow -657.15
at 40693.47,
Nasdaq -379.78
at 17268.66,
S&P -89.65
at 5509.65
[BRIEFING.COM] With about two hours to go on the penultimate session of the week the tech-heavy Nasdaq Composite (-2.15%) is in a world of hurt, down more than 375 points.
Gold futures settled $44.50 higher (+1.5%) to $2,991.30/oz, near record highs as weak U.S. inflation data fueled Fed easing bets and uncertainty around tariffs swells.
Currently, the U.S. Dollar Index is up about +0.2% to $103.81.
