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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