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Economic News September 06, 2024

6 thg 9, 2024

U.S. Stock Market Situation on September 5

The U.S. stock market showed mixed results in Thursday's trading session as investors aggressively sold off riskier assets. Specifically, the S&P 500 index dropped by 0.3%, closing at 5,503.41 points. The Nasdaq index rose by 0.25%, reaching 17,127.66 points. The Dow Jones index fell by 0.54%, ending the session at 40,755.75 points.


U.S. Treasury Bonds Situation on September 5

The 10-year U.S. Treasury bond yield continued its downward trend, falling to 3.733%.


Dollar Index Situation

The Dollar Index continued to decline by 0.3%, reaching 101.06 points as investors prepared for the U.S. payroll report to be released today.


Gold Situation

Global gold prices continued to rise today, with spot gold up by 20.8 USD, reaching 2,517.2 USD/ounce. Gold futures last traded up by 21.2 USD compared to early yesterday, reaching 2,547.2 USD/ounce.


Commodity Market Situation

At the close of Thursday's session, oil prices were nearly flat. Specifically, Brent crude oil prices fell by 1 cent, settling at 72.69 USD/barrel - the lowest Brent close since June 2023. WTI crude oil prices dropped by 5 cents, settling at 69.15 USD/barrel - the lowest WTI close since December 2023.

Source: Multiple sources

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