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Economic News September 18, 2024

18 thg 9, 2024

U.S. Stock Market Situation on September 17

The U.S. stock market continued its strong rally on Tuesday as investors awaited the outcome of the Federal Reserve meeting. Specifically, the S&P 500 index rose by 0.03%, reaching 5,634.58 points. The Nasdaq index increased by 0.2%, hitting 17,628.06 points. In contrast, the Dow Jones index declined by 0.04%, ending the session at 41,606.18 points.


U.S. Treasury Bonds Situation on September 17

The yield on the 10-year U.S. Treasury bond surged, reaching 3.648%.


Dollar Index Situation

The Dollar Index increased by 0.25%, reaching 101.01 points due to better-than-expected retail sales data.


Gold Market Situation

The global gold price today turned downward, with spot gold dropping by $13 to $2,570 per ounce. Gold futures last traded down $12.6 from early yesterday, falling to $2,596.3 per ounce.


Commodity Trading Market Situation

At the end of Tuesday's trading session, oil prices rose by 1% due to supply disruptions. Specifically, Brent oil prices increased by 95 cents, or 1.3%, to $73.7 per barrel. WTI oil prices rose by $1.1, or 1.6%, to $71.41 per barrel.

Source: Multiple sources

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