Stock Market Update
04-Feb-26 14:05 ET
Gold rebounds on dip buying, geopolitical demand even as dollar firms
Dow +36.93
at 49276.71,
Nasdaq -430.20
at 22825.01,
S&P -51.41
at 6866.39
[BRIEFING.COM] With about two hours to go on Wednesday the tech-heavy Nasdaq Composite (-1.85%) is in last place among the major averages.
Gold futures settled $15.80 higher (+0.3%) at $4,950.80/oz, as investors stepped back in after last week's sharp pullback, with dip buying and technical stabilization helping prices recover from recent volatility. Ongoing geopolitical uncertainty and steady central-bank demand continue to support bullion, even as dollar strength and profit-taking cap near-term gains.
Meanwhile, the U.S. Dollar Index is up about +0.3% to $97.69.
