S&P 500, Nasdaq and Dow Slip Again as $100 Brent and Soft GDP Rattle Wall Street

Stocks edged lower Friday afternoon. Tech names led declines, pulling the Nasdaq Composite down 0.91%, while the S&P 500 slipped 0.38%. The Dow Jones Industrial Average hovered just 0.03% lower. Brent crude stayed north of $100 a barrel. LSEG data on Reuters market pages was delayed.

Gold Price Today Falls as Strong Dollar Sends Bullion Toward Second Weekly Loss

Gold Price Today Falls as Strong Dollar Sends Bullion Toward Second Weekly Loss

Gold slipped on Friday, losing 0.6% to $5,046.69 an ounce by 12:39 p.m. ET, putting the metal on track for its second consecutive weekly drop. April U.S. gold futures shed 1.5% to $5,051.30. With the dollar strengthening and inflation concerns linked to the Iran war weighing heavily, bullion’s safe-haven draw took a back seat. Silver, platinum, and palladium also looked set to close the week in negative territory.
13 March 2026
Goldman Sachs Pitches Hedge Funds New Swap Trade to Bet Against Software Loans Amid AI Fears

Goldman Sachs Pitches Hedge Funds New Swap Trade to Bet Against Software Loans Amid AI Fears

Goldman Sachs is offering hedge funds a way to go long or short on corporate loans, according to a person familiar with the matter who spoke to Reuters. The new angle: a total return swap—this derivative lets investors bet on a loan’s price swings without actually holding the debt. No trades have gone through yet. AI-related jitters are filtering into credit, with software-sector loans on the radar. Goldman said it partners with clients on trading ideas across asset classes, regardless of market backdrop.
Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood Markets cuts RVI IPO size as premium card push targets wealthier investors

Robinhood Markets priced the initial public offering of its first private-markets fund, Robinhood Ventures Fund I, at 12,615,608 shares at $25 apiece on Friday, well below the 40 million-share plan it outlined when the roadshow began last month. Robinhood said the deal would give RVI a total fund size of $658.4 million, or up to $705.7 million if the underwriter’s option is exercised in full.
Dow Jones today: Why the index is down more than 600 points on inflation and AI nerves

Dow Jones today: Why the index is down more than 600 points on inflation and AI nerves

The Dow Jones Industrial Average dropped more than 600 points by midday Friday, pressured by a stronger-than-anticipated wholesale inflation print and renewed volatility in AI-focused stocks. As of 11:47 a.m. ET, the Dow had fallen 602.06 points, marking a 1.22% decline to 48,897.14. The S&P 500 retreated 0.66%, while the Nasdaq Composite slipped 0.99%. Both the S&P 500 and Nasdaq tracked for their heaviest monthly losses since March 2025.
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