top of page

Economic News July 02, 2024

2 thg 7, 2024

U.S. Stock Market Situation

The U.S. stock market rose during Monday's trading session despite a rise in Treasury bond yields. At the close, the S&P 500 increased by 0.27%, reaching 5,475.09 points. The Nasdaq rose by 0.83%, reaching a record high of 17,879.3 points. The Dow Jones gained 0.13%, closing at 39,169.52 points.


U.S. Treasury Bonds Situation

The yield on the 10-year U.S. Treasury bond continued to rise sharply, reaching 4.459%.


Dollar Index Situation

The Dollar Index decreased by 0.04%, falling to 105.83 points due to the strong rise in long-term Treasury yields. Although the USD fell against other currencies, it reached a new 38-year high against the Japanese Yen in the recent trading session.


Gold Situation

Global gold prices remained stable, with spot gold rising by 3.5 USD to 2,332.6 USD/ounce. Futures gold prices increased by 2.3 USD compared to the previous early morning, reaching 2,341.9 USD/ounce.


Commodity Market Situation

At the end of the trading session on July 1, oil prices rose by approximately 2% to the highest level in two months due to expectations of increased demand during the summer driving season in the Northern Hemisphere and concerns that conflicts in the Middle East could spread and reduce global oil supply. Brent crude oil closed at its highest level since April 30, increasing by 1.6 USD, or 1.9%, to 86.6 USD/barrel. Similarly, WTI crude oil rose by 1.84 USD, or 2.3%, to 83.38 USD/barrel, the highest level since April 26.

Related Posts

Corn and wheat prices have broken their consecutive upward trend

Agriculture News September 06, 2024

6 tháng 9, 2024

According to the Mercantile Exchange of Vietnam (MXV), by the close of trading on September 5, the MXV-Index rose 0.35% to 2,097 points, ending a four-session losing streak.

The MXV-Index has reversed its trend and ended its four-session losing streak.

6 tháng 9, 2024

The U.S. stock market showed mixed results in Thursday's trading session as investors aggressively sold off riskier assets.

Economic News September 06, 2024

6 tháng 9, 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