Economic News September 06, 2024
6 thg 9, 2024
U.S. Stock Market Situation on September 5
The U.S. stock market showed mixed results in Thursday's trading session as investors aggressively sold off riskier assets. Specifically, the S&P 500 index dropped by 0.3%, closing at 5,503.41 points. The Nasdaq index rose by 0.25%, reaching 17,127.66 points. The Dow Jones index fell by 0.54%, ending the session at 40,755.75 points.
U.S. Treasury Bonds Situation on September 5
The 10-year U.S. Treasury bond yield continued its downward trend, falling to 3.733%.
Dollar Index Situation
The Dollar Index continued to decline by 0.3%, reaching 101.06 points as investors prepared for the U.S. payroll report to be released today.
Gold Situation
Global gold prices continued to rise today, with spot gold up by 20.8 USD, reaching 2,517.2 USD/ounce. Gold futures last traded up by 21.2 USD compared to early yesterday, reaching 2,547.2 USD/ounce.
Commodity Market Situation
At the close of Thursday's session, oil prices were nearly flat. Specifically, Brent crude oil prices fell by 1 cent, settling at 72.69 USD/barrel - the lowest Brent close since June 2023. WTI crude oil prices dropped by 5 cents, settling at 69.15 USD/barrel - the lowest WTI close since December 2023.
Source: Multiple sources
Related Posts
Copper prices also moved higher amid concerns that the metal could become the next target in the ongoing trade war.
Economic Highlights 13.02.2025: Fearing it could be the next product to face tariffs, copper prices surged.
13 tháng 2, 2025
Powell emphasized that the Fed is in no rush to ease monetary policy, citing a strong economy and a solid labor market.
Economic Highlights 12.02.2025: Markets Fluctuate Following Fed Chair's Speech
12 tháng 2, 2025
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
