top of page

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

The threat of a coming squeeze in Europe’s coffee supplies is stoking volatility as traders worry that a new law to protect forests will curb imports.

Coffee Spread Jumps as Supply Risks From Forest Law Come to Fore

10 tháng 8, 2024

The consumer price index (CPI) edged up to a five-month high of 0.5% year-on-year in July, versus a 0.2% rise in June, the National Bureau of Statistics (NBS) reported on Friday, beating a 0.3% increase in a Reuters poll of economists.

China's consumer prices boosted by weather disruptions; domestic demand still soft

9 tháng 8, 2024

Agricultural prices continue to face selling pressure after the export report.

Agriculture News August 09, 2024

9 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