Stock Market Update
24-Feb-26 14:00 ET
Gold Slides 0.9% to $5,176 as Profit-Taking, Firmer Dollar Weigh; Nasdaq Composite Up 1.1%
Dow +475.98
at 49278.93,
Nasdaq +242.07
at 22869.35,
S&P +56.05
at 6893.79
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+1.07%) is in first place on Tuesday afternoon, up about 242 points.
Gold futures settled $49.30 lower (-0.9%) at $5,176.30/oz, pressured by profit-taking after a recent rally and a firmer U.S. dollar that reduced the metal's appeal to overseas buyers. While geopolitical and trade-policy risks remain supportive longer term, the near-term pullback reflects position trimming and a pause in safe-haven flows.
Meanwhile, the U.S. Dollar Index now stands about +0.1% higher to $97.85.
