US Stock Market Situation Yesterday, August 9
US stock markets rose in Thursday trading amid better-than-expected US jobs data.
Specifically, the S&P 500 Index increased by 2.3%, closing at 5,319.91 points, the highest intraday increase since November 2022. The Nasdaq Index increased by 2.87%, reaching 16,660.02 points. The Dow Jones Index increased by 1.76%, to 39,446.49 points.
On the US Treasury bond situation yesterday august 9
The yield on the 10-year US Treasury note maintained its upward momentum, reaching 3.99%.
About the Dollar Index situation
The Dollar Index rose 0.22% to 103.19 after the latest report showed jobless claims fell more than expected last week.
About Gold Situation
World gold prices turned to increase sharply with spot gold increasing by 46 USD, to 2,428.3 USD/ounce. Gold futures last traded up 41.2 USD compared to early this morning, reaching 2,467.3 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of yesterday's trading session, oil prices continued to increase slightly after concerns about conflicts in the Middle East as well as better-than-expected US employment data. Specifically, Brent crude oil prices increased by 83 cents, equivalent to 1.06%, to 79.16 USD/barrel. WTI crude oil prices increased by 96 cents, equivalent to 1.28%, to 76.19 USD/barrel.
Source: SFVN – Commodity investment with experts
