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

Agricultural commodity prices faced sell-off pressure on Tuesday.

Agriculture News 31 July, 2024

31 tháng 7, 2024

Oil prices continued to decline, falling by more than 1% to the lowest level in seven weeks. This decline was attributed to OPEC+ likely continuing its plan to increase production, weak demand from China, and a potential ceasefire agreement in the Gaza Strip.

Economics News July 31, 2024

31 tháng 7, 2024

While Robusta coffee prices continue to decline, Arabica coffee prices have slightly increased after a new forecast showed that Brazil's current coffee crop yield is lower than initially calculated.

Coffee News July 30, 2024

30 tháng 7, 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