ECONOMIC AND FINANCIAL NEWS OCTOBER 2, 2024

Posted date: October 2, 2024 Updated date: 10/02/2024

Index

US Stock Market Situation Yesterday, October 1

Economic and financial news on October 1, 2024. A detailed summary of notable financial information that needs attention today. The US stock market fell in the trading session on Tuesday due to escalating conflicts in the Middle East. Specifically, the S&P 500 index fell 0.93% to 5,078.75 points. The Nasdaq index slid 1.53% to 17,910.36 points. The Dow Jones index fell 0.41% to close at 42,156.97 points.

On the US Treasury bond situation yesterday 1st October

The yield on 10-year US Treasury bonds turned down, down to 3.731%.

About the Dollar Index situation

The dollar index rose 0.43% to 101.21 points after the Fed chairman refused to bet on a large rate cut.

About Gold Situation

World gold prices increased today with spot gold increasing by 29.6 USD, to 2,665 USD/ounce. Gold futures last traded up 30.1 USD compared to early this morning, reaching 2,684.8 USD/ounce.

Regarding the commodity trading market situation, some notable developments

In the economic and financial news at the end of the trading session on Tuesday, oil prices jumped 3% after Iran retaliated against Israel for Israel's campaign against its ally. Specifically, Brent crude oil prices increased by 1.86 USD, equivalent to 2.6%, to 73.56 USD/barrel. WTI crude oil prices increased by 1.66 USD, equivalent to 2.4%, to 69.83 USD/barrel. Let's follow HVA to update and grasp the fastest information about the financial market every day.

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Nguyen Thien An

HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.

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