US Stock Market Situation Yesterday September 16
The economic and financial news on the US stock market increased sharply in the trading session on Monday, including the S&P 500 and Dow Jones with the prospect of lower interest rates, investors are waiting for the decision to cut interest rates for the first time in 4 years by the US Federal Reserve Fed. Specifically, the S&P 500 index increased 0.13%, reaching 5,633.09 points. The Nasdaq index decreased 0.52%, to 17,592.13 points. The Dow Jones index closed at a record high, increasing 0.55%, reaching 41,622.08 points.
On the US Treasury bond situation yesterday september 16
The yield on the 10-year US Treasury note continued to decline, falling to 3.624%.
About the Dollar Index situation
The Dollar Index fell 0.41% to 100.71 points. The reason is that the market expects more that the US Federal Reserve (Fed) can make a big interest rate cut this weekend.
About Gold Situation
World gold prices increased today with spot gold increasing by 7.5 USD, to 2,583 USD/ounce. Gold futures last traded up 3.8 USD compared to early this morning, reaching 2,610 USD/ounce.
Regarding the commodity trading market situation, some notable developments
The financial news ended with oil prices rising about 2% as the impact of Hurricane Francine on US Gulf of Mexico production “overwhelmed” persistent concerns about Chinese demand. Specifically, Brent crude oil prices increased by 1.14 USD, equivalent to 1.59%, to 72.75 USD/barrel. WTI crude oil prices increased by 1.4 USD, equivalent to 2.1%, to 70.09 USD/barrel. Let's follow HVA to grasp information about financial markets every day.
