Economic News September 04, 2024
4 thg 9, 2024
U.S. Stock Market Situation on September 3
The U.S. stock market experienced a sharp decline in Tuesday's trading session amid a sell-off in tech stocks and gloomy economic data. Specifically, the S&P 500 index fell 2.12%, down to 5,528.93 points. The Nasdaq index dropped 3.26%, closing at 17,136.3 points. The Dow Jones index also declined by 1.51%, ending the session at 40,936.93 points.
U.S. Treasury Bonds Situation on September 3
The 10-year U.S. Treasury bond yield dropped significantly, down to 3.837%.
Dollar Index Situation
The Dollar Index rose by 0.12%, reaching 101.77 points. At the same time, the USD hit a two-week high against the EUR.
Gold Situation
Global gold prices dropped yesterday, with spot gold down by 7.2 USD, to 2,492.8 USD/ounce. Gold futures last traded down by 7.7 USD compared to early yesterday, reaching 2,524 USD/ounce.
Commodity Market Situation
At the close of Tuesday's session, oil prices plunged nearly 5%, hitting the lowest level in almost 9 months. Specifically, Brent oil prices dropped by 3.77 USD, equivalent to 4.9%, to 73.75 USD/barrel. WTI oil prices fell by 3.21 USD, or 4.4%, to 70.34 USD/barrel.
Source: Multiple sources
Related Posts
WASDE reports a positive crop outlook, leading to a sharp decline in soybean prices in the early week session.
Agriculture News August 13, 2024
13 tháng 8, 2024
At the start of the week, oil prices saw a significant increase of over 3% due to concerns that conflicts in the Middle East might disrupt oil supply.
Economic News August 13, 2024
13 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.