U.S. Stock Market Situation on September 19

The U.S. stock market surged on Thursday as investors celebrated the Federal Reserve’s interest rate cut. Specifically, the S&P 500 index increased by 1.7%, reaching 5,713.64 points. The Nasdaq index jumped by 2.51%, hitting 18,013.98 points. The Dow Jones index rose by 1.26%, closing at 42,025.19 points.

U.S. Treasury Bonds Situation on September 19

The yield on the 10-year U.S. Treasury bond continued its upward momentum, reaching 3.715%.

Dollar Index Situation

The Dollar Index fell by 0.38%, dropping to 100.64 points as the market struggled with the Federal Reserve’s decision.

Gold Market Situation

The global gold price reversed its trend and climbed today, with spot gold increasing by $26.4 to $2,586.1 per ounce. Gold futures last traded up by $27.2 from early yesterday, reaching $2,611.7 per ounce.

Commodity Trading Market Situation:

At the end of Thursday’s trading session, oil prices rose by more than $1. Specifically, Brent oil prices increased by $1.23, or 1.7%, to $74.88 per barrel. WTI oil prices rose by $1.04, or 1.5%, to $71.95 per barrel.

Source: Multiple sources