Stock Market Update
18-Mar-25 14:00 ET
Gold surges to $3,040 as weaker dollar and equity losses boost safe-haven demand
Dow -275.54
at 41565.78,
Nasdaq -300.58
at 17508.08,
S&P -61.51
at 5613.61
[BRIEFING.COM] The Nasdaq Composite (-1.69%) remains today's top lagging major average with about two hours to go in the session.
Gold futures settled $34.70 higher (+1.2%) to $3,040.80/oz, as a modestly weaker dollar and losses in equities on top of tariff concerns drove demand for the safe-haven asset on Tuesday.
Currently, the U.S. Dollar Index is down about -0.2% to $103.20.
