top of page

Economics News July 8, 2024

8 thg 7, 2024

US Stock Market Situation

The US stock market rose in Friday's trading session after the jobs report bolstered hopes that the Federal Reserve (Fed) is nearing the point of starting to cut interest rates. At the close, the S&P 500 increased by 0.54% to 5,567.19 points. The Nasdaq index rose by 0.9% to 18,352.67 points. Both indices also reached record intraday and closing highs. This is the 34th time this year that the S&P 500 has set a record closing high. The Dow Jones index increased by 67.87 points, or 0.17%, to close at 39,357.87 points.


US Treasury Bond Situation

The yield on the 10-year US Treasury bond rose slightly to 4.292%.


Dollar Index Situation

In the global market on the morning of July 8, the Dollar Index is currently at 104.93 points. The Dollar Index remained under pressure throughout last week.


Gold Situation

Global gold prices are trending upward, with spot gold increasing by $2.3 from last week's closing level to $2,391.9 per ounce.


Commodity Market Situation

According to data from Oil Price at 8:15 AM today (Vietnam time), Brent oil prices are listed at $86.45 per barrel, down 0.1% from the previous session. Meanwhile, WTI oil prices are at $82.93 per barrel, down 0.28% from the previous session.

Related Posts

By the end of Thursday’s trading session, oil prices continued to slide, nearly 3%, following reports from the Financial Times that Saudi Arabia has abandoned its 100 USD price target in preparation to boost production.

Economic News September 27, 2024

27 tháng 9, 2024

The USD rebounded, putting pressure on metal prices.

Metals News September 26, 2024

26 tháng 9, 2024

Coffee prices maintain their upward momentum.

Coffee News September 26, 2024

26 tháng 9, 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