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 prices of both coffee types rose sharply as investors grew increasingly concerned about supply shortages due to a decrease in coffee production in Brazil.

Coffee News August 07, 2024

7 tháng 8, 2024

Wheat prices are rising, contrary to the trend in the agricultural sector

Agriculture News August 07, 2024

7 tháng 8, 2024

At the end of Tuesday's trading session, oil prices slightly increased as the stock market recovered and supply decreased.

Economic News August 07, 2024

7 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