Economic News June 18, 2024
18 thg 6, 2024
US Stock Market Situation: US Stocks Extend Gains
The S&P 500 index rose by 0.77%, closing at 5,473 points. The Nasdaq Composite index edged up by 0.95% to 17,857 points. Meanwhile, the Dow Jones index ended a four-session losing streak, increasing by 189 points, or 0.49%, to 38,778 points.
US Treasury Bond Situation
The yield on the 10-year US Treasury bond increased to 4.285%.
Dollar Index Situation
The Dollar Index stood at 104.9 points, down 0.24 points from yesterday. The USD had recovered over the past week, but this trend remains uncertain as various economic data indicate that US inflationary pressures have eased.
Gold Situation
Spot gold prices closed yesterday's session in the US down by $13.4 to $2,319.3 per ounce. In the Asian session this morning, gold prices reversed, increasing by $6 to $2,325.3 per ounce. August 2024 gold futures on the Comex New York exchange fell by $20.1, or 0.86%, to $2,329 per ounce.
Commodity Market Situation
WTI crude oil prices in the US rose by $1.88, or 2.4%, to $80.33 per barrel, the highest level since late April. Brent crude oil prices also increased by $1.63, or 2%, to $84.25 per barrel, also the highest level since April.
Related Posts
U.S. consumer confidence in August surged to its highest level in six months, driven by optimism about the economic outlook.
Metals News August 28, 2024
28 tháng 8, 2024
Copper prices on Tuesday rose to an almost six-week high, supported by fresh investor demand and market optimism over the potential for imminent U.S. interest rate cuts.
Copper prices near six-week high as one strategist says the ‘worst of the correction is over’
28 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.