Stock Market Update
21-Mar-25 14:00 ET
Gold ends lower, posts third consecutive weekly gain amid geopolitical tensions and strong dollar
Dow +28.15
at 41981.47,
Nasdaq +9.70
at 17701.33,
S&P -6.66
at 5656.23
[BRIEFING.COM] The Nasdaq Composite (+0.05%) is narrowly higher, along with the DJIA, owing to a bounce into positive territory over the past half hour.
Gold futures settled $22.40 lower (-0.7%) at $3,021.40/oz, trimming weekly gains to +0.68%, marking their third consecutive weekly gain, driven by geopolitical tensions and expectations of Federal Reserve rate cuts. However, a stronger U.S. dollar exerted some downward pressure on gold prices on Friday.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $104.07.
