U.S. Stock Market Situation on September 12

The U.S. stock market continued to rise on Thursday as investors continued bottom-fishing in tech stocks. Specifically, the S&P 500 index increased by 0.75%, reaching 5,595.76 points. The Nasdaq index rose by 1%, closing at 17,569.68 points. The Dow Jones index gained 0.58%, ending the session at 41,096.77 points.

U.S. Treasury Bonds Situation on September 12

The 10-year U.S. Treasury bond yield reversed course and slightly declined, dropping to 3.648%.

Dollar Index Situation

The Dollar Index turned downward, falling by 0.45% to 101.23 points. In contrast, the EUR strengthened after the European Central Bank lowered interest rates.

Gold Situation

Global gold prices surged, with spot gold rising by 47.5 USD to 2,559.3 USD/ounce. Gold futures last traded up by 46.9 USD compared to early yesterday, reaching 2,587.2 USD/ounce.

Commodity Market Situation

At the close of Thursday’s session, oil prices continued to rise by more than 2% as Hurricane Francine affected oil production. Specifically, WTI crude oil prices rose by 1.66 USD, or 2.5%, to 68.97 USD/barrel. Brent crude oil prices increased by 1.36 USD, or 1.9%, to 71.97 USD/barrel.

Source: Multiple sources