ECONOMIC AND FINANCIAL NEWS BULLETIN 07.08.2024

Posted date: 08/07/2024 Updated date: 08/07/2024

Index

US Stock Market Situation Yesterday, August 6

US stocks rebounded after three consecutive sell-offs on Tuesday as Japanese stocks rebounded strongly and recession fears eased.

Specifically, the S&P 500 index increased by 1,04%, reaching 5,240.03 points. The Nasdaq index increased by 1,03%, reaching 16,366.85 points. The Dow Jones index increased by 0.76%, reaching 38,997.66 points.

On the US Treasury bond situation yesterday august 6

The yield on the 10-year Treasury note recovered, rising to 3.886%.

About the Dollar Index situation

The Dollar Index recovered by 0.24%, reaching 102.93 points.

About Gold Situation

World gold prices continued to plummet, with spot gold falling $21 to $2,390.4 an ounce. Gold futures last traded down $19 compared to early this morning, to $2,432.1 an ounce.

Regarding the commodity trading market situation, some notable developments

Oil prices rose slightly on Tuesday as the stock market recovered and supplies were reduced. Brent crude rose 18 cents, or 0.21 TP3T, to $76.48 a barrel. WTI crude rose 26 cents, or 0.41 TP3T, to $73.20 a barrel.

Source: SFVN – Commodity investment with experts

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HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.
HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.

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