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