US Stock Market Situation October 29: Financial economic news at the end of the trading session on October 29, the Nasdaq Composite index closed at a record 18,712.75 points, up 0.78%. The S&P 500 index increased 0.16% to 5,832.92 points. However, the Dow Jones index decreased about 0.36% to 42,233.05 points. By the end of this week, 150 companies in the S&P 500 are expected to announce their earnings reports.
On the US Treasury bond situation on October 29, the yield on 10-year US Treasury bonds continued to set a new high in the past 3 months.
About the Dollar Index situation, the DXY index fell 0.05% to 104.27. Still, the index is headed for a more than two-year high and is currently anchored at a nearly three-month high.
The Labor Department's JOLTS survey showed employment fell to its lowest level in more than three years in September, along with a downward revision to last month's data, suggesting a cooling labor market. Meanwhile, U.S. consumer confidence hit an all-time high in October on improved perceptions of the labor market.
About Gold Situation, gold prices continued to set a new record, reaching 2,771.61 USD/ounce before closing the session at 2,766 USD/ounce, up 0.9% from the previous session. Gold futures increased 0.9% to 2,779.5 USD/oz.
On the situation of the commodity trading market: World oil prices continue to decline. At the end of the trading session on October 29, WTI oil contract decreased by 0.25% to 67.21 USD/barrel. Brent oil contract decreased by 0.42% to 71.12 USD/barrel. Let's follow HVA to update and grasp the fastest information about the financial market every day.
