Economic News August 06, 2024
6 thg 8, 2024
U.S. Stock Market Situation on August 5
The U.S. stock market sharply declined on Monday amid concerns about the health of the world's largest economy, leading to a global sell-off. Specifically, the S&P 500 index fell by 3%, down to 5,186.33 points. The Nasdaq index decreased by 3.43%, to 16,200.08 points. The Dow Jones index dropped by 2.6%, to 38,703.27 points.
U.S. Treasury Bond Situation on August 5
The 10-year U.S. Treasury bond yield continued its sharp decline, dropping to 3.779%.
Dollar Index Situation
The Dollar Index fell by 0.52%, down to 102.67 points. This was due to the yen surging to a seven-month high while the USD continued its downward trend.
Gold Situation
The global gold price dropped sharply today, with spot gold prices falling by $35 to $2,411.4 per ounce. Gold futures last traded down $35 from yesterday morning, reaching $2,451.1 per ounce.
Commodity Market Situation
At the end of Monday's trading session, oil prices fell by about 50 cents as the global stock market sell-off continued. Specifically, Brent oil prices fell by 51 cents, or 0.66%, to $76.3 per barrel. WTI oil prices decreased by 58 cents, or 0.79%, to $72.94 per barrel.
Source: Multiple sources
Related Posts
The dollar remained supported as escalating tensions in the Middle East fueled demand for the dollar as a safe-haven asset.
Metals News October 4, 2024
4 tháng 10, 2024
By the end of Thursday’s trading session, oil prices surged by 5% due to fears that escalating conflict in the Middle East could disrupt crude oil supplies.
Economic News October 04, 2024
4 tháng 10, 2024
Kết thúc phiên giao dịch ngày hôm qua (3/10), thị trường năng lượng rực xanh, trong đó, giá dầu tăng vọt hơn 5% và đang hướng lên mốc 80 USD/thùng trong bối cảnh lo ngại xung đột lan rộng có thể làm gián đoạn dòng chảy dầu thô toàn cầu.
Giá dầu tiếp tục ‘nóng’, giá nông sản đồng loạt giảm trước áp lực chốt lời
4 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.