top of page

Economic News September 05, 2024

5 thg 9, 2024

U.S. Stock Market Situation on September 4

The U.S. stock market continued to decline in Wednesday's trading session. Specifically, the S&P 500 index fell by 0.16%, closing at 5,520.07 points. The Nasdaq index slipped 0.3%, down to 17,084.3 points. In contrast, the Dow Jones index rose 0.09%, ending the session at 40,974.97 points.


U.S. Treasury Bonds Situation on September 4

The 10-year U.S. Treasury bond yield continued its sharp decline, down to 3.753%.


Dollar Index Situation

The Dollar Index dropped by 0.56%, down to 101.27 points as labor market data indicated weakening U.S. employment conditions.


Gold Situation

Global gold prices edged up today, with spot gold rising by 3.6 USD, reaching 2,496.4 USD/ounce. Gold futures last traded up by 3.4 USD compared to early yesterday, reaching 2,526.4 USD/ounce.


Commodity Market Situation

At the close of Wednesday's session, oil prices continued to decline by over 1%. Specifically, Brent crude oil prices fell by 1.05 USD, or 1.42%, to 72.7 USD/barrel. WTI crude oil prices dropped by 1.14 USD, or 1.62%, to 69.2 USD/barrel.

Source: Multiple sources

Related Posts

The U.S. stock market rose for the sixth consecutive session as new reports indicated that consumer and unemployment indices eased investors' fears of an economic recession.

Economic News August 16, 2024

16 tháng 8, 2024

The metals sector broadly declined following the U.S CPI report.

Metals News August 15, 2024

15 tháng 8, 2024

The Dollar Index continued to decline slightly by 0.03%, reaching 102.57 points after the Consumer Price Index report indicated that inflation is cooling in the U.S.

Economic News August 15, 2024

15 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