Economic News September 11, 2024
11 thg 9, 2024
U.S. Stock Market Situation on September 10
The U.S. stock market showed mixed performance across the indices during Tuesday’s trading session as investors attempted to recover the market. Specifically, the S&P 500 index rose by 0.45%, reaching 5,495.52 points. The Nasdaq index increased by 0.84%, closing at 17,025.88 points. In contrast, the Dow Jones index fell by 0.23%, ending the session at 40,736.96 points.
U.S. Treasury Bonds Situation on September 10
The 10-year U.S. Treasury bond yield continued its sharp decline, dropping to 3.639%.
Dollar Index Situation
The Dollar Index continued to rise, up by 0.11%, reaching 101.66 points.
Gold Situation
Global gold prices continued to rise slightly today, with spot gold increasing by 10 USD to 2,517.9 USD/ounce. Gold futures last traded up by 11.4 USD compared to early yesterday, reaching 2,545.8 USD/ounce.
Commodity Market Situation
At the close of Tuesday’s session, oil prices fell to their lowest levels in three years after OPEC lowered its forecast for oil demand this year and next. Specifically, Brent crude oil prices dropped by 2.65 USD, or 3.69%, to 69.19 USD/barrel - the lowest since December 2021. WTI crude oil prices fell by 2.96 USD, or 4.31%, to 65.75 USD/barrel.
Source: Multiple sources
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