Stock Market Update
13-Feb-26 14:00 ET
Gold Tops $5,000 on Soft Inflation Data, Gains 2.1% as Fed Cut Bets Rebound
Dow +140.52
at 49591.29,
Nasdaq +97.42
at 22694.59,
S&P +34.38
at 6867.13
[BRIEFING.COM] With about two hours to go on Friday the tech-heavy Nasdaq Composite (+0.43%) is in second place, up about 97 points.
Gold futures settled $103.80 higher (+2.1%) at $5,052.20/oz, finishing the week up 1.45%, after softer-than-expected U.S. inflation data revived expectations for Federal Reserve rate cuts and pressured the dollar. The move was reinforced by ongoing safe-haven demand amid lingering macro uncertainty and steady central bank buying, helping bullion reclaim the $5,000 level.
Meanwhile, the U.S. Dollar Index is down less than -0.1% to $96.85.
