The US stock market saw new records for the S&P 500 and Nasdaq Composite. Metal prices had a recovery session. However, the price of robusta coffee has not stopped being sold off.
Economic and financial news At the end of the session on December 3, the S&P 500 index increased slightly by 0.05% to 6,049.88 points and the Nasdaq Composite increased by 0.4% to 19,480.91 points. Both indexes continued to increase to record highs. In contrast, the Dow Jones index decreased by 0.17% to 44,705.53 points. The OPEC+ group will meet on the plan to delay the production increase plan until December 5.
The DXY index was flat, fluctuating around 106.38 points in the morning session of December 4. The yield on 10-year US Treasury bonds rose to 4.23%.
Spot gold rose 0.2% to $2,665 an ounce. Gold futures edged up just 0.1% to $2,642.45 an ounce. China's Ministry of Commerce confirmed that the country will ban exports to the United States of gallium, germanium, antimony and superhard materials. Effective December 3.
Silver prices rose to $31,211 per troy ounce, up 2% from the previous session. Platinum prices in January 2025 stopped at $960.2 per troy ounce and copper prices were at $4,165 per pound, up 2% from the previous session.
Arabica coffee price in March 2025 reached 295.5 cents/pound, down 0.2% from the previous session. Robusta coffee price in January 2025 reached 4.626 USD/ton, down 4% from the previous trading session.
Financial economic news on Brent crude oil futures increased by 2.49% to 73.62 USD/barrel. WTI crude oil futures increased by 2.7% to 69.94 USD/barrel. Let's follow HVA to update and grasp the fastest information about the financial market every day.