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
Related Posts
The U.S. stock market surged in last Friday's trading session after the Federal Reserve Chairman signaled readiness for interest rate cuts during his weekend speech.
Economic News August 26, 2024
26 tháng 8, 2024
Federal Reserve chair gives strongest signal yet that borrowing costs will soon fall
Jay Powell says ‘time has come’ for US interest rate cuts
24 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.