US Stock Market Situation Yesterday, August 13
The US stock market continued its strong rally on Monday amid reports that the producer price index increased by 0.1% compared to the previous one. Specifically, the S&P 500 Index increased by 1.68% to 5,434.43 points. The Nasdaq Index increased by 2.43% to 17,187.61 points. The Dow Jones Index increased by 1.04% to 39,765.64 points.
On the US Treasury bond situation yesterday august 13
The yield on the 10-year US Treasury note continued to fall, down to 3.848%.
About the Dollar Index situation
The Dollar Index fell 0.54% to 102.60 points after US producer prices rose less than expected in July.
About Gold Situation
World gold prices today turned down with spot gold falling 8.7 USD, down to 2,465.2 USD/ounce. Gold futures last traded down 4.3 USD compared to early this morning, down to 2,504.8 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of yesterday's trading session, oil prices fell slightly by nearly $2 as investors were less concerned about the possibility of conflict in the Middle East as Iran has yet to take concrete action. Specifically, Brent crude oil prices fell by $1.61, equivalent to 1.96%, to $80.69/barrel. WTI crude oil prices fell by $1.71, equivalent to 2.14%, to $78.35/barrel.
Source: SFVN – Commodity investment with experts
