Stock Market Update
27-Mar-26 14:00 ET
Gold Rebounds, Still Logs Weekly Loss on Strong Dollar and Rate Pressure
Dow -669.05
at 45289.95,
Nasdaq -421.01
at 20987.08,
S&P -91.25
at 6387.90
[BRIEFING.COM] The Nasdaq Composite (-1.97%) is down now about 421 points, leading losses among the majors with about two hours to go on Friday.
Gold futures settled $116.20 higher (+2.7%) at $4,492.50/oz, trimming losses to about -1.8% on the week, on dip-buying and technical support after a sharp earlier selloff, with ongoing Middle East tensions helping sustain safe-haven demand. Still, the metal finished lower on the week as higher rate expectations, a stronger dollar, and prior liquidation in crowded positions continued to weigh on prices.
Meanwhile, the U.S. Dollar Index is up about +0.2% to $100.17.
