Stock Market Update
10-Apr-26 14:00 ET
Gold slips on profit-taking, but still up on the week amid safe-haven demand and Fed easing bets
Dow -240.73
at 47943.96,
Nasdaq +68.93
at 22891.36,
S&P -5.84
at 6820.91
[BRIEFING.COM] The major average are still split this afternoon, the tech-heavy Nasdaq Composite (+0.3%) still the only average in the green.
Gold futures settled $30.60 lower (-0.7%) at $4,787.40/oz, on Friday as traders took profits after a strong rally, with a firmer dollar and slightly higher real yields also weighing on prices. The weekly gain of about +2.3% was driven by safe-haven demand tied to geopolitical tensions and expectations of Fed easing, though positioning shifted ahead of upcoming U.S. inflation data.
Meanwhile, the U.S. Dollar Index is down -0.1% to $98.71.
