top of page

Economic News September 09, 2024

9 thg 9, 2024

U.S. Stock Market Situation at the End of Last Week on September 6

The U.S. stock market saw a sharp decline on Friday as a weak jobs report prompted investors to sell off tech stocks. Specifically, the S&P 500 index dropped by 1.73%, closing at 5,408.42 points. The Nasdaq index slid 2.55%, down to 16,690.83 points. The Dow Jones index fell by 1.01%, ending the session at 40,351.41 points.


U.S. Treasury Bonds Situation on September 8

The 10-year U.S. Treasury bond yield reversed course and increased, reaching 3.734%.


Dollar Index Situation

The Dollar Index started the new week at 101.19 points.


Gold Situation

Global gold prices today are trending upward, with spot gold rising by 3.2 USD compared to the closing level last week, reaching 2,501.4 USD/ounce.


Commodity Market Situation

At the close of Friday's session, oil prices fell by more than 2% after the U.S. jobs report came in weaker than expected. Specifically, Brent crude oil prices dropped by 1.63 USD, or 2.24%, to 71.06 USD/barrel - the lowest level since December 2021. WTI crude oil prices fell by 1.48 USD, or 2.14%, to 67.67 USD/barrel - the lowest since June 2023.

Source: Multiple sources

Related Posts

At the start of the week, oil prices saw a significant increase of over 3% due to concerns that conflicts in the Middle East might disrupt oil supply.

Economic News August 13, 2024

13 tháng 8, 2024

Robusta and Arabica prices have no new fluctuations as they continue to decrease.

Coffee News August 12, 2024

12 tháng 8, 2024

Speculative demand for metals decreased amid the strength of the U.S. stock market

Metals News August 12, 2024

12 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