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Economic News September 24, 2024

24 thg 9, 2024

U.S. Stock Market Situation on September 23

The U.S. stock market rose on Monday as investors expressed optimism following the Federal Reserve's decision. Specifically, the S&P 500 index increased by 0.28%, reaching an all-time closing high of 5,718.57 points. The Nasdaq index gained 0.14%, reaching 17,974.27 points. The Dow Jones index also hit a new record, rising by 0.15% to 42,124.65 points.


U.S. Treasury Bonds Situation on September 23

The yield on the 10-year U.S. Treasury bond continued its sharp upward trend, reaching 3.751%.


Dollar Index Situation

The Dollar Index rose by 0.19%, hitting 100.91 points. Meanwhile, the euro fell against the U.S. dollar as EU business activity disappointed.


Gold Market Situation

The global gold price increased today, with spot gold rising by $9.3 to $2,628.5 per ounce. Gold futures last traded up by $4.8 from early yesterday, reaching $2,651 per ounce.


Commodity Trading Market Situation

At the end of Monday's trading session, oil prices continued to decline slightly. Specifically, Brent oil prices fell by 59 cents, or 0.8%, to $73.9 per barrel. WTI oil prices decreased by 63 cents, or 0.9%, to $70.37 per barrel.

Source: Multiple sources

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Many commodities in the energy and metals groups simultaneously increased in price, while the agricultural and industrial raw materials markets saw a return of the red.

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