Stock Market Update
02-Mar-26 14:00 ET
Nasdaq Edges Higher as Gold Jumps on Mideast Tensions; Dollar Index Climbs Nearly 1%
Dow -142.43
at 48834.38,
Nasdaq +25.61
at 22693.84,
S&P -10.46
at 6870.41
[BRIEFING.COM] The tech-heavy Nasdaq Composite (+0.11%) is now the only major average in the green, up about 25 points.
Gold futures settled $63.70 higher (+1.2%) at $5,311.60/oz, as a weekend offensive by the U.S. and Israel in the Middle East tensions sparked a flight to safety, lifting demand for traditional hedges. The move was further supported by rising oil prices, inflation concerns, and ongoing expectations for easier U.S. monetary policy amid broader market volatility.
Meanwhile, the U.S. Dollar Index is up almost +1.0% to $98.54.
