US Stock Market Situation Yesterday, August 15
The US stock market rose for a sixth straight session amid new reports showing that consumer spending and unemployment helped investors ease fears of an economic recession. Specifically, the S&P 500 Index increased 1,61% to 5,543.22 points. The Nasdaq Index increased 2,34% to 17,594.5 points. The Dow Jones Index increased 1,39% to close at 40,563.06 points.
On the US Treasury bond situation yesterday august 15
The yield on 10-year US Treasury bonds turned sharply higher, reaching 3.923%.
About the Dollar Index situation
The Dollar Index also turned up 0.47%, reaching 103.04 points as US retail sales were higher than expected in July and the number of unemployment benefit applications also decreased this week.
About Gold Situation
World gold prices today turned slightly up with spot gold increasing by 9.1 USD, reaching 2,457.3 USD/ounce. Gold futures last traded up 8.6 USD compared to early this morning, reaching 2,494.6 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of yesterday's trading session, oil prices turned up more than 1 USD when new US economic data made investors less worried about the economic recession. Specifically, Brent oil prices increased by 1.28 USD, equivalent to 1.6%, to 81.04 USD/barrel. WTI oil prices increased by 1.18 USD, equivalent to 1.53%, to 78.16 USD/barrel.
Source: SFVN – Commodity investment with experts
