Stock Market Update
23-Feb-26 14:00 ET
Gold Surges 2.8% to Record $5,225 as Trade Tensions, Soft U.S. Data Spark Safe-Haven Rush
Dow -705.74
at 48919.12,
Nasdaq -252.75
at 22633.33,
S&P -68.80
at 6840.70
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-1.10%) is in second place on Monday afternoon, down about 253 points.
Gold futures settled $144.70 higher (+2.8%) at $5,225.60/oz, as investors piled into safe-haven assets amid renewed trade tensions, softer U.S. growth data, and persistent inflation pressures. A weaker dollar and expectations that the Fed may eventually ease policy further boosted bullion, with geopolitical strains adding to the risk-off tone.
Meanwhile, the U.S. Dollar Index is now down about -0.2% to $97.65.
