top of page

Economic News October 01, 2024

1 thg 10, 2024

U.S. Stock Market Situation on September 30

The U.S. stock market rose in Monday’s trading session despite the Fed Chair's cautious stance on interest rate cuts. Specifically, the S&P 500 index increased by 0.22%, reaching 5,762.48 points—a record high. The Nasdaq index gained 0.38%, reaching 18,189.17 points. The Dow Jones index edged up by 0.04%, closing at 42,330.15 points, another all-time high.


U.S. Treasury Bonds Situation on September 30

The yield on the U.S. 10-year Treasury bond continued to rise, reaching 3.779%.


Dollar Index Situation

The dollar index increased by 0.38%, reaching 100.76 points after the Fed Chair adopted a more hawkish tone on the economy.


Gold Market Situation

Global gold prices fell today, with spot gold dropping by 24.9 USD to 2,635.4 USD/ounce. Gold futures saw a decline of 26.2 USD compared to the previous early morning, settling at 2,654.7 USD/ounce.


Commodity Market Situation

By the end of Monday’s trading session, oil prices were mostly flat. Brent crude oil prices rose by 0.27 USD/barrel, closing at 71.81 USD/barrel. WTI crude oil prices dropped by 0.01 USD/barrel, ending at 68.17 USD/barrel.

Source: Multiple sources

Related Posts

China's Steel Industry Crisis is Spreading Globally

China's Steel Industry Crisis is Spreading Globally

30 tháng 8, 2024

The Agricultural Commodities Group Sees a Return to Green

Agriculture News August 30.08.2024

30 tháng 8, 2024

The Dollar Index continued to rise, gaining 0.28% to reach 101.27 points. The U.S. dollar strengthened in the latest session as newly released data showed that the U.S. economy grew faster than expected.

Economic News August 30,2024

30 tháng 8, 2024

Related Post

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

bottom of page