[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.67%) is in first place on Monday afternoon, up about 158 points.
Gold futures settled $102.80 higher (+2.0%) at $5,082.50/oz, as investors piled into safe havens amid escalating geopolitical and macro uncertainty, with headlines pointing to trade tensions, global turmoil, and broader risk-off sentiment as key drivers. The rally was reinforced by a softer dollar and expectations for easier Fed policy, with gold’s break above $5,000 triggering additional momentum and technical buying.
Meanwhile, the U.S. Dollar Index is down about -0.6% to $97.01.