US Stock Market Situation for the Weekend Before October 11
Economic and financial news on October 14, 2024. The US stock market rose in the trading session on Friday (October 11) as the financial reporting season started positively and new statistics showed that inflation was falling faster than expected. The S&P 500 and Dow Jones indexes both set new records. Specifically, the S&P 500 index increased 0.61%, reaching 5,815.03 points. The Nasdaq index increased 0.33%, reaching 18,342.94 points. The Dow Jones index increased 409.74 points, equivalent to an increase of 0.97%, closing the session at 42,863.86 points.
On the US Treasury bond situation on October 13
The yield on 10-year US Treasury bonds rose sharply, reaching 4.107%.
About the Dollar Index situation
The Dollar Index edged up in the last trading session, reaching 102.92. The sharp rise in US Treasury yields helped the USD maintain a steady upward momentum.
About Gold Situation
World gold prices tend to increase with spot gold increasing by 1.5 USD compared to the closing price of last week to 2,659.2 USD/ounce.
On the situation of the commodity trading market
The economic and financial news ended the trading session on October 11, world oil prices fell rapidly at the beginning of the new trading session of the week despite concerns about increasing conflicts in the Middle East. WTI and Brent oil prices both fell by 1.3%. The rapid decline right at the beginning of the first trading session of the week despite concerns that increasing tensions in the Middle East could disrupt supply. Let's follow HVA to update and grasp the fastest information about the financial market every day.
