top of page

Economics News August 01, 2024

1 thg 8, 2024

U.S. Stock Market Situation on July 31

The U.S. stock market was brightly green on Wednesday as the Fed decided not to change interest rates after yesterday's meeting. Specifically, the S&P 500 index rose 1.58%, reaching 5,522.3 points. The Nasdaq index increased by 2.64%, reaching 17,599.4 points. The Dow Jones index rose 0.24%, reaching 40,842.79 points.


U.S. Treasury Bond Situation on July 31

The 10-year U.S. Treasury bond yield continued its sharp decline, dropping to 4.058%.


Dollar Index Situation

The Dollar Index continued to decrease by 0.53%, reaching 104.03 points after the Fed meeting concluded.


Gold Situation

The global gold price today continued its double-digit rise, with the spot gold price increasing by $36.8, reaching $2,448.2 per ounce. Gold futures last traded up $41.4 from yesterday morning, reaching $2,493.3 per ounce.


Commodity Market Situation

At the end of the trading session on Wednesday, oil prices turned around and surged sharply due to the assassination of a Hamas leader, raising concerns about conflict in the Middle East, as well as a decrease in U.S. oil inventories. Specifically, Brent oil prices rose by $2.09, or 2.66%, reaching $80.72 per barrel. WTI oil prices increased by $3.18, or 4.26%, reaching $77.91 per barrel.

Source: Multiple sources

Related Posts

Coffee prices fluctuate in opposite directions.

Coffee News October 9, 2024

9 tháng 10, 2024

Nhóm các kim loại quý đồng loạt giảm giá trong phiên giao dịch ngày thứ 3.

Bản tin Kim loại ngày 09.10.2024

9 tháng 10, 2024

Chứng khoán Mỹ tăng mạnh điểm trong phiên giao dịch

Bản tin Kinh tế Tài chính ngày 09.10.2024

9 tháng 10, 2024

Related Post

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

bottom of page