US Stock Market Situation

The US stock market unexpectedly turned sharply lower during trading on Thursday despite the potential for a Federal Reserve interest rate cut. By the close, the S&P 500 index fell by 0.88%, ending at 5,584.54 points. The Nasdaq index dropped 1.95%, closing at 18,283.41 points. In contrast, the Dow Jones index showed a mixed performance, increasing by 0.08% to end at 39,753.75 points.

US Treasury Bonds Situation

The yield on the 10-year US Treasury bond continued to decline, reaching 4.212%.

Dollar Index Situation

The Dollar Index continued to fall, down 0.55% to 104.50 points, as newly released data showed an unexpected decrease in the Consumer Price Index (CPI) for June.

Gold Situation

Global gold prices surged today, with spot gold increasing by $43.80 to $2,414.50 per ounce. Futures gold trading last occurred with an increase of $42.65 compared to early morning, reaching $2,422.30 per ounce.

Commodity Market Situation

At the close of yesterday’s trading, oil prices continued to rise slightly due to data indicating that inflation unexpectedly slowed, raising expectations for a US interest rate cut. Brent crude oil rose by 32 cents, or 0.4%, to $85.40 per barrel. WTI crude oil increased by 52 cents, or 0.6%, to $82.62 per barrel.