US Stock Market Situation Yesterday, September 9
The US stock market rose sharply on Monday as investors bought at the bottom after last week's sell-off. The S&P 500 rose 1,161 points to 5,471.05. The Nasdaq rose 1,161 points to 16,884.6. The Dow Jones rose 1,21 points to 40,829.59.
On the US Treasury bond situation yesterday, September 9
The yield on 10-year US Treasury bonds fell sharply, to 3.704%.
About the Dollar Index situation
In the economic and financial news, the Dollar Index increased by 0.43%, reaching 101.61 points when expectations of a strong interest rate cut next week by the FED decreased.
About Gold Situation
The economic and financial news on the world gold price today increased slightly with spot gold increasing by 6.5 USD, to 2,507.9 USD/ounce. Gold futures last traded up 8.7 USD compared to early this morning, reaching 2,534.5 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of the trading session on Monday, oil prices increased by about 1% due to concerns about oil supply being affected by bad weather. Specifically, Brent crude oil prices increased by 78 cents, equivalent to 1.1%, to 71.84 USD/barrel. WTI crude oil prices increased by 1.04 USD, equivalent to 1.5%, to 68.71 USD/barrel.
Source: SFVN – Commodity investment with experts
