US Stock Market Situation Yesterday, August 22
Stocks fell on Thursday as investors awaited the Fed chairman's speech at the annual central bank conference. The S&P 500 fell 0.89% to 5,570.64. The Nasdaq slid 1.67% to 17,619.35. The Dow Jones Industrial Average fell 0.43% to close at 40,712.78.
On the US Treasury bond situation yesterday august 22
The yield on the 10-year US Treasury note continued to rise, reaching 3.846%.
About the Dollar Index situation
The Dollar Index recovered slightly, increasing by 0.48%, reaching 101.52 points before the speech of the FED chairman.
About Gold Situation
World gold prices fell today with spot gold down 26.8 USD, down to 2,485.7 USD/ounce. Gold futures last traded down 26.9 USD compared to early this morning, down to 2,520.8 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of yesterday's trading session, oil prices recovered after four sessions of decline as expectations of a US interest rate cut in the coming weeks increased. Specifically, Brent crude oil prices increased by 1.17 USD, equivalent to 1.54%, to 77.22 USD/barrel. WTI crude oil prices increased by 1.08 USD, equivalent to 1.5%, to 73.01 USD/barrel.
Source: SFVN – Commodity investment with experts
