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

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

The weakening of the USD propelled metal prices to surge significantly in the final session of last week.

Metals News September 16, 2024

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