U.S. Stock Market Situation on August 23

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. Specifically, the S&P 500 Index increased by 1.15%, reaching 5,634.61 points. The Nasdaq Index rose by 1.47% to 17,877.79 points. The Dow Jones Index gained 1.14%, closing at 41,175.08 points.

U.S. Treasury Bonds Situation on August 25

The 10-year U.S. Treasury bond yield continued to plummet, dropping to 3.789%.

Dollar Index Situation

The Dollar Index started the new week at 100.68 points.

Gold Market Situation

Today, the global gold price showed an upward trend, with spot gold rising by 2.3 USD from last week's closing price, reaching 2,515.4 USD per ounce.

Commodity Market Situation

At the close of last week’s trading session, oil prices continued to rise sharply following the Federal Reserve Chairman's remarks. Specifically, Brent crude oil increased by 1.8 USD, or 2.33%, to 79.02 USD per barrel. U.S. WTI crude oil rose by 1.82 USD, or 2.49%, to 74.83 USD per barrel.

Source: Multiple sources