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Economic News July 01, 2024

1 thg 7, 2024

US Stock Market Situation

The US stock market declined on Friday despite the latest data showing slowing inflation and better-than-expected consumer sentiment. At the close, the S&P 500 dropped by 0.41% to 5,460.48 points. The Nasdaq fell by 0.71% to 17,732.6 points, while the Dow Jones decreased by 0.12% to 39,118.86 points.


US Treasury Bonds Situation

The yield on 10-year US Treasury bonds rose sharply to 4.412%.


Dollar Index Situation

The Dollar Index began the new month with a decline, falling to 105.58 points.


Gold Situation

Gold prices showed an upward trend, with spot gold rising by $2.1 from last week's close to $2,329.1 per ounce.


Commodity Markets Situation

Globally, oil prices reversed their slight decline from the previous week. According to Oilprice data, as of 8:48 AM on July 1 (Vietnam time), Brent crude was listed at $85.34 per barrel, up 0.4% from the previous session. WTI crude was at $81.9 per barrel, an increase of 0.44% from the prior session.

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The Dollar Index continued to decline, dropping by 0.3% to 101.14 points. Simultaneously, the U.S. dollar reached its lowest level against the euro and the British pound in over a year.

Economic News August 22, 2024

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Green was the dominant color on the industrial and metal commodities price board, while many agricultural and energy commodities saw declines. The global raw material market remains volatile.

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