Economic News July 24, 2024
24 thg 7, 2024
U.S. Stock Market Situation on July 23
The U.S. stock market experienced a slight decline on Tuesday as investors awaited Q2 financial reports from major technology companies. The S&P 500 fell by 0.16% to 5,555.74 points. The Nasdaq dropped by 0.06% to 17,997.35 points. The Dow Jones decreased by 0.14% to 40,358.09 points.
U.S. Treasury Bond Situation on July 23
The yield on 10-year U.S. Treasury bonds increased slightly, reaching 4.256%.
Dollar Index Situation
The Dollar Index rose by 0.15% to 104.47 points yesterday as investors awaited inflation data expected to be released later this week.
Gold Situation
Global gold prices saw a slight increase today, with spot gold rising by $12.4 to $2,410 per ounce. Futures gold trading last saw an increase of $16 compared to the previous early morning, reaching $2,410.7 per ounce.
Commodity Market Situation
At the end of Tuesday’s trading session, expectations for a ceasefire in Gaza and concerns about demand from the Chinese market led to a roughly 2% drop in oil prices. This was also the lowest price for oil since June 7. Brent crude oil fell by $1.39, or 1.7%, to $81.01 per barrel. WTI crude oil dropped by $1.44, or 1.8%, to $76.96 per barrel.
Source: Multiple sources
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