Stock Market Update
17-Jul-26 14:00 ET
Gold Rebounds Above $4,000 as Safe-Haven Demand Lifts Prices
Dow -248.66
at 52304.31,
Nasdaq -249.31
at 25653.64,
S&P -53.31
at 7480.46
[BRIEFING.COM] With about two hours to go on Friday the tech-heavy Nasdaq Composite (-0.96%) is in last place, down about 250 points.
Gold futures settled $26.70 higher (+0.7%) at $4,018.80/oz, down then about -2.3% on the week, as investors returned to safe-haven assets amid renewed geopolitical tensions and easing Treasury yields, helping prices recover above the $4,000 level. Despite Friday's rebound, gold remained down for the week as expectations for higher U.S. interest rates, a stronger dollar, and persistent inflation concerns continued to weigh on bullion.
Meanwhile, the U.S. Dollar Index is up less than +0.1% to $100.78.
