Nasdaq futures indicated a modest decline at the start of the final day in a week characterized by significant trading fluctuations, while gold futures, typically viewed as a safe haven, reached a new peak. Futures for the Dow Jones Industrial Average, Nasdaq 100, and S&P 500 experienced declines of 0.2%, 0.2%, and 0.1%, respectively. Yesterday, major indexes experienced a significant uptick for the second consecutive session following President Donald Trump’s decision to alleviate tensions with European allies by retracting his threat to impose new tariffs concerning Greenland. Despite the two-day rally, the benchmark S&P 500 and tech-heavy Nasdaq entered Friday lower for the week, as indexes experienced their most significant decline since October 10 on Tuesday. The blue-chip Dow experienced a modest increase during the initial four days of the week.

In the context of ongoing market fluctuations, there has been a significant influx of capital into gold futures, which achieved a new all-time high early Friday, reaching $4,970 per ounce. Recent trading saw prices slightly elevated at $4,920 per ounce. The yield on the 10-year Treasury, which influences interest rates across various consumer loans, including mortgages, decreased to 4.23% from Thursday’s closing figure of just below 4.25%. Bitcoin was trading around 89,000, exhibiting minimal variation on the day. The U.S. dollar index, which monitors the value of the greenback relative to a selection of global currencies, declined slightly to 98.33. West Texas Intermediate crude futures, the U.S. benchmark, increased nearly 2% to $60.50 a barrel.

Leading stocks lower early Friday were shares of Intel, which sank 13% in premarket trading after the chipmaker issued a soft outlook and executives warned that supplies could hit a low in the current quarter. Shares of Oracle rose slightly before the bell on news its cloud services will host TikTok’s American user data after the social media company formed a joint venture to comply with an executive order signed by President Trump in September to keep it operating in the U.S. One Financial stock was down nearly 3% following its acquisition of credit card startup Brex for over $5 billion.

Shares of Ericsson surged 8% following the Swedish telecommunications equipment manufacturer’s report of a fourth-quarter profit that exceeded expectations, an increase in its dividend, and the announcement of a buyback program valued at approximately $1.7 billion.