Economic News July 25, 2024
25 thg 7, 2024
U.S. Stock Market Situation on July 24
The U.S. stock market continued its sharp decline on Wednesday, as disappointing second-quarter earnings reports from major tech companies affected investor sentiment. The S&P 500 dropped by 2.31%, closing at 5,427.13 points. The Nasdaq fell by 3.64%, ending at 17,342.41 points. The Dow Jones decreased by 1.25%, settling at 39,853.87 points.
U.S. Treasury Bonds Situation on July 24
The yield on the 10-year U.S. Treasury bond continued to rise, reaching 4.276%.
Dollar Index Situation
The Dollar Index reversed its trend, declining by 0.12% to 104.33 points.
Gold Situation
World gold prices experienced a slight decrease this morning, with spot gold dropping by $2.90 to $2,394.70 per ounce. Futures gold trading ended with a $2.70 decrease from the previous early morning, settling at $2,397.60 per ounce.
Commodity Market Situation
At the end of Wednesday's trading session, oil prices ended three sessions of declines with a slight increase. Brent crude oil rose by 70 cents, or 0.9%, to $81.71 per barrel. WTI crude oil increased by 63 cents, or 0.8%, to $77.59 per barrel.
Source: Multiple sources
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