Stock Market Update
27-Feb-26 14:00 ET
Gold Jumps 1%, Logs Nearly 3.3% Weekly Gain as Safe-Haven Demand Offsets Nasdaq Slide
Dow -632.50
at 48865.59,
Nasdaq -300.23
at 22578.17,
S&P -56.63
at 6854.22
[BRIEFING.COM] The tech-heavy Nasdaq Composite (-1.31%) is in last place on Friday afternoon, down more than 300 points.
Gold futures settled $53.70 higher (+1.0%) at $5,247.90/oz, up nearly 3.3% for the week, as investors rotated into safe-haven assets amid renewed geopolitical tensions and persistent trade-policy uncertainty. Lower U.S. Treasury yields and a softer dollar further supported bullion, reducing the opportunity cost of holding the non-yielding metal and reinforcing upside momentum.
Meanwhile, the U.S. Dollar Index is down less than -0.2% to $97.61.
