U.S. Stock Market Situation on July 30

The U.S. stock market declined on Tuesday as investors aggressively sold off technology stocks ahead of financial reports from major tech companies. Specifically, the S&P 500 fell by 0.5% to 5,436.44 points. The Nasdaq dropped by 1.28% to 17,147.42 points. In contrast, the Dow Jones had a positive movement, increasing by 0.5% to 40,743.33 points.

U.S. Treasury Bonds Situation on July 30

The yield on the 10-year U.S. Treasury bond continued to decrease sharply, reaching 4.151%.

Dollar Index Situation

The Dollar Index reversed course, falling by 0.11% to 104.45 points as the Fed is expected to keep interest rates unchanged at its policy meeting today.

Gold Situation

Spot gold prices saw a significant increase today, with spot gold rising by 26.7 USD to 2,411.4 USD/ounce. Gold futures last traded up by 29.4 USD from early yesterday morning, reaching 2,455.1 USD/ounce.

Commodity Market Situation

At the end of the trading session on Tuesday, oil prices continued to decline, falling by more than 1% to the lowest level in seven weeks. This decline was attributed to OPEC+ likely continuing its plan to increase production, weak demand from China, and a potential ceasefire agreement in the Gaza Strip. Specifically, Brent oil prices fell by 1.15 USD, or 1.4%, to 78.63 USD/barrel. WTI oil prices dropped by 1.08 USD, or 1.4%, to 74.73 USD/barrel.

Source: Multiple sources