Stock Market Update

28-Feb-25 14:00 ET
Markets waver as Nasdaq dips, gold drops amid Oval Office tensions
Dow -5.57 at 43233.93, Nasdaq -35.78 at 18508.64, S&P -1.21 at 5860.36

[BRIEFING.COM] With about two hours left to go on Friday the tech-heavy Nasdaq Composite (-0.19%) is at the bottom of the standings after a volatile previous hour or so. Markets were rattled after what amounted to a shouting match in the Oval Office between President Donald Trump, VP JD Vance, and Ukrainian President Volodymyr Zelenskyy.

Gold futures settled $47.40 lower (-1.6%) to $2,848.50/oz, pressured by likely profit-taking among precious metals investors while the dollar shows modest strength; this week, the yellow metal lost -3.5%.

Currently, the U.S. Dollar Index is up about +0.3% to $107.64.

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