Economic News October 07, 2024
7 thg 10, 2024
U.S. Stock Market Situation on October 4
The U.S. stock market surged in Friday’s trading session following better-than-expected employment data. Specifically, the S&P 500 index rose by 0.9% to 5,751.07 points. The Nasdaq index increased by 1.22%, reaching 18,137.85 points. The Dow Jones index gained 0.81%, closing at a record high of 42,352.75 points.
U.S. Treasury Bonds Situation on October 6
The yield on the U.S. 10-year Treasury bond continued to rise sharply, reaching 3.983%.
Dollar Index Situation
The Dollar Index began the new week at 102.49 points.
Gold Market Situation
Global gold prices showed an upward trend today, with spot gold rising by 3.4 USD compared to last week’s close, reaching 2,657.7 USD/ounce.
Commodity Market Situation
By the end of last Friday’s trading session, oil prices saw slight increases. Specifically, Brent crude oil rose by 43 cents, or 0.6%, to 78.05 USD/barrel. WTI crude oil increased by 67 cents, or 0.9%, to 74.38 USD/barrel.
Source: Multiple sources
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