Economics News October 11, 2024
9 thg 10, 2024
U.S. Stock Market Update on October 8:
The U.S. stock market rebounded sharply as oil prices declined and investors assessed the political tensions in the Middle East. Specifically, the S&P 500 rose by 0.97%, reaching 65,751.13 points. The Nasdaq increased by 1.45%, closing at 18,182.92 points, and the Dow Jones gained 126.13 points, or 0.3%, ending at 42,080.37 points.
U.S. Treasury Bond Update on October 8:
The yield on the 10-year U.S. Treasury bond fell to 4.014%, down from the previous day.
Dollar Index Update:
The Dollar Index declined to 102.47 points as investors evaluated the prospects of further interest rate cuts in the U.S., along with concerns over political conflicts in the Middle East.
Gold Market Update:
Global gold prices continued their downward trend, with spot gold dropping by $20.9 to $2,622.2 per ounce. Gold futures last traded at $2,640.6 per ounce, down $21.3 from the previous morning.
Commodities Market Update:
In the commodities market, notable developments included a sharp drop in oil prices by more than 4% at the close of the October 8 session. This came after reports of a potential ceasefire between Hezbollah and Israel. Brent crude fell by $3.75, or 4.63%, to $77.18 per barrel, while WTI crude dropped by $3.57, or 4.63%, to $73.57 per barrel.
Source: Compiled
Related Posts
Soybeans Push Higher on Election Day.
SFVN News 06.11.2024: Soybeans Push Higher on Election Day.
6 tháng 11, 2024
Trong bối cảnh cuộc bầu cử diễn ra gây cấn, chứng khoán Mỹ tăng điểm trong phiên giao dịch hôm qua. Nhóm kim loại cũng tăng giá trong bối cảnh này, các hàng hóa khác như dầu thô cũng có sắc xanh.
Điểm tin Kinh tế 06.11.2024: Chứng khoán Mỹ tăng mạnh
6 tháng 11, 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.