top of page

Economics News July 09, 2024

9 thg 7, 2024

The situation of the US stock market

The US stock market increased on Monday as investors awaited Federal Reserve Chairman Jerome Powell's testimony on monetary policy and anticipated inflation data to be released this week. At the close, the S&P 500 index rose by 0.1% to 5,527.85 points. The Nasdaq index increased by 0.28% to 18,403.74 points. The Dow Jones index, however, had an opposite trend, decreasing by 0.08% to 39,344.79 points.


The Situation of US Treasury Bonds

The yield on 10-year US Treasury bonds slightly decreased to 4.282%.


The Situation of the Dollar Index

The Dollar Index regained its upward momentum, increasing by 0.14% to 105.01 points.


The Situation of Gold

Global gold prices decreased, with spot gold dropping by $33.3 to $2,359.6 per ounce. Gold futures last traded down by $33.1 compared to early yesterday morning, reaching $2,366.4 per ounce.


The Situation of the Commodity Market

At the end of yesterday's trading session, oil prices fell by about 1% to a one-week low due to the impact of Hurricane Beryl and expectations of a possible ceasefire agreement in Gaza. Brent oil prices dropped by 79 cents, or 0.9%, to $85.75 per barrel. WTI oil prices fell by 83 cents, or 1%, to $82.33 per barrel.

Related Posts

The prices of Robusta and Arabica coffee have risen significantly.

Coffee News September 16, 2024

16 tháng 9, 2024

Global coffee prices have soared to record highs due to adverse weather conditions in major growing regions worldwide, potentially reducing coffee production

Why Did the Price of Robusta Coffee Reach a New Record?

16 tháng 9, 2024

China’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and a damaging slump in demand.

China’s Steel Crisis Sends August Output to Lowest Since 2017

16 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