top of page

Economic News August 15, 2024

15 thg 8, 2024

U.S. Stock Market Situation on August 14

The U.S. stock market rose for the fifth consecutive session as a new report indicated that inflation has decreased. Specifically, the S&P 500 Index increased by 0.38%, reaching 5,455.21 points. The Nasdaq Index edged up by 0.03%, closing at 17,192.6 points. The Dow Jones Index climbed by 0.61%, ending the session at 40,008.39 points.


U.S. Treasury Bonds Situation on August 14

The yield on the U.S. 10-year Treasury bonds continued its downward trend, falling to 3.841%.


Dollar Index Situation

The Dollar Index continued to decline slightly by 0.03%, reaching 102.57 points after the Consumer Price Index report indicated that inflation is cooling in the U.S.


Gold Market Situation

The global gold price continued to decline, with spot gold falling by $17 to $2,448.2 per ounce. Conversely, gold futures saw a final trade increase of $18.8 compared to early yesterday morning, reaching $2,486 per ounce.


Commodity Market Situation

At the end of yesterday’s trading session, oil prices fell by more than 1% following an increase in U.S. oil inventories and easing concerns over conflicts in the Middle East. Specifically, Brent crude oil prices dropped by 93 cents, or 1.15%, to $79.76 per barrel. WTI crude oil prices decreased by $1.37, or 1.8%, to $76.98 per barrel.

Source: Multiple sources

Related Posts

The dollar index rose by 0.14% on Monday. The dollar strengthened as concerns over the Eurozone economy weakened the euro after the Eurozone’s September manufacturing and composite PMI indices contracted more than expected.

Metals News September 24, 2024

24 tháng 9, 2024

Coffee prices have reversed and are rising again.

Coffee News September 24, 2024

24 tháng 9, 2024

NASS reported that 65% of U.S. soybean acres had dropped leaves as of September 22, ahead of the 57% average, with 13% harvested, 5% faster than usual.

Agriculture News September 24, 2024

24 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