Stock Market Update
29-Jan-26 14:00 ET
Gold Edges Higher on Safe-Haven Demand as Nasdaq Slides, Dollar Softens
Dow -117.98
at 48896.41,
Nasdaq -329.93
at 23527.54,
S&P -44.72
at 6933.30
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-1.38%) holds a commanding "lead" among today's major averages, but to the downside as the average sheds almost 330 points.
Gold futures settled $14.60 higher (+0.3%) at $5,354.80/oz, supported by safe-haven demand amid geopolitical tensions and uncertainty over U.S. Federal Reserve policy. Strong investment flows into ETFs and physical bullion, along with a softer dollar, also helped underpin prices.
Meanwhile, the U.S. Dollar Index is down about -0.1% to $96.26.
