Stock Market Update
26-Feb-26 14:00 ET
Gold Settles $32 Lower as Profit-Taking, Firmer Dollar Weigh; Nasdaq Slides 1.5%
Dow -19.07
at 49461.97,
Nasdaq -353.81
at 22798.28,
S&P -54.09
at 6894.03
[BRIEFING.COM] With about two hours to go on Thursday the tech-heavy Nasdaq Composite (-1.53%) is firmly lower, down about 354 points.
Gold futures settled $32.00 lower (-0.6%) at $5,194.20/oz, pressured by profit-taking after a recent run-up above $5,200 and a firmer U.S. dollar alongside steady Treasury yields. The pullback appears technical in nature, as traders reassess Fed rate expectations and await a fresh macro or geopolitical catalyst to drive the next leg higher.
Meanwhile, the U.S. Dollar Index is up +0.3% to $97.96.
