US Stock Market Situation Yesterday, July 31
The US stock market was bright green in the trading session on Wednesday in the context of the Fed's decision to leave interest rates unchanged after yesterday's meeting. Specifically, the S&P index increased by 1.58%, reaching 5,522.3 points. The Nasdaq index increased by 2.64%, reaching 17,599.4 points. The Dow Jones index increased by 0.24%, reaching 40,842.79 points.
On the US Treasury bond situation yesterday july 31
The yield on 10-year US Treasury bonds continued to decline sharply, down to 4.058%.
About the Dollar Index situation
The Dollar Index continued to decrease by 0.53%, down to 104.03 points after the Fed meeting ended.
About Gold Situation
World gold prices today continued to increase by double digits with spot gold prices increasing by 36.8 USD to 2,448.2 USD/ounce. Gold futures last traded up 41.4 USD compared to early this morning, reaching 2,493.3 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of the trading session on Wednesday, oil prices turned around and increased sharply due to the assassination of the leader of Hamas, which increased concerns about conflict in the Middle East, as well as the decrease in US oil inventories. Specifically, Brent oil price increased by 2.09 USD, equivalent to 2.66%, to 80.72 USD/barrel. WTI oil price increased by 3.18 USD, equivalent to 4.26%, to 77.91 USD/barrel.
Source: SFVN – Commodity investment with experts
