Stock Market Update

[BRIEFING.COM] With about two hours to go on Friday the tech-heavy Nasdaq Composite (+1.11%) continues to hold a lead among the major averages, trading at about the middle of today's range.

Gold futures settled $29.60 higher (+1.2%) to $2,546.30/oz, ultimately ending +0.3% on the week as the market digested Fed Chair Powell's comments which served to support sentiment that a rate cut is imminent.

Meanwhile, the U.S. Dollar Index is down about -0.8% to $100.68.