Economic News September 25, 2024
25 thg 9, 2024
U.S. Stock Market Situation on September 24
The U.S. stock market continued to rise on Tuesday, driven by a strong rally in NDVA shares. Specifically, the S&P 500 index increased by 0.25%, reaching 5,732.93 points. The Nasdaq index gained 0.56%, hitting 18,074.52 points. The Dow Jones index rose by 0.2%, closing at 42,208.22 points.
U.S. Treasury Bonds Situation on September 24
The yield on the 10-year U.S. Treasury bond reversed its upward trend, falling to 3.732%.
Dollar Index Situation
The Dollar Index fell by 0.5%, dropping to 100.35 points after newly released data showed a sharp and unexpected decline in U.S. consumer confidence.
Gold Market Situation
The global gold price continued its upward momentum today, with spot gold rising by $28.9 to $2,657.4 per ounce. Gold futures last traded up by $29.6 from early yesterday, reaching $2,682.1 per ounce.
Commodity Trading Market Situation
At the end of Tuesday’s trading session, oil prices surged by around 2%, marking a three-week high following China’s monetary easing measures to boost its economy. Specifically, Brent oil prices rose by $1.27, or 1.7%, to $75.17 per barrel, the highest close since September 2. WTI oil prices increased by $1.19, or 1.7%, to $71.56 per barrel.
Source: Multiple sources
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