Stock Market Update
20-Feb-26 14:00 ET
Gold Jumps 1.7% to $5,080 as Safe-Haven Demand, Softer Data Lift Bullion; Dollar Slips
Dow +209.94
at 49603.99,
Nasdaq +240.21
at 22922.95,
S&P +50.50
at 6912.38
[BRIEFING.COM] The Nasdaq Composite (+1.06%) is in first place on Friday afternoon, up about 240 points.
Gold futures settled $83.50 higher (+1.7%) at $5,080.90/oz, up then +0.7% on the week, as safe-haven demand intensified amid escalating geopolitical tensions and softer U.S. growth data that reinforced expectations for potential Fed rate cuts later this year. A pullback in real Treasury yields and the dollar, along with technical buying after clearing key resistance levels, added momentum to the upside move, leaving bullion modestly higher on the week.
Meanwhile, the U.S. Dollar Index is now down -0.1% to $97.72.
