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Economic News August 27, 2024

27 thg 8, 2024

U.S. Stock Market Situation on August 26

The U.S. stock market showed mixed performance among major indices in the first trading session of the week. Specifically, the S&P 500 Index decreased by 0.32% to 5,616.84 points. The Nasdaq Index fell by 0.85% to 17,725.76 points. In contrast, the Dow Jones Index rose by 0.16%, closing at 41,240.52 points.


U.S. Treasury Bonds Situation on August 26

The 10-year U.S. Treasury bond yield edged up slightly, reaching 3.812%.


Dollar Index Situation

The Dollar Index rebounded from its lowest level in eight months, rising slightly by 0.14% to 100.86 points.


Gold Market Situation

Today, the global gold price saw a slight increase, with spot gold rising by 3.2 USD to 2,518.6 USD per ounce. Gold futures last traded up by 4.3 USD from early yesterday, reaching 2,553.9 USD per ounce.


Commodity Market Situation

At the close of the first trading session of the week, oil prices surged by more than 3% due to tightening oil supply. Specifically, Brent crude oil increased by 2.41 USD, or 3.05%, to 81.43 USD per barrel. U.S. WTI crude oil rose by 2.59 USD, or 3.5%, to 77.42 USD per barrel.

Source: Multiple sources

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