US Stock Market Situation Yesterday, August 1
US stock markets fell sharply on Friday as a lower-than-expected July jobs report reinforced fears of a possible US recession.
Specifically, the S&P index fell 1,84%, down to 5,346.56 points. The Nasdaq index fell 2,43%, down to 16,776.16 points. The Dow Jones index fell 1,51%, down to 39,737.26 points.
On the US Treasury bond situation yesterday august 1
The yield on the 10-year US Treasury note extended its sharp decline as it fell to 3.789%.
About the Dollar Index situation
The Dollar Index opened the new week at 103.22 points.
About Gold Situation
World gold prices today tend to increase with spot gold increasing by 2.3 USD compared to the closing price last week, reaching 2,446.4 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of the trading session last Friday, oil prices continued to decline, falling 2% despite low US reserves. Specifically, Brent crude oil prices fell 1.71 USD, equivalent to 2%, to 83.2 USD/barrel. Similarly, WTI crude oil prices fell 1.88 USD, equivalent to 2.3%, to 79.49 USD/barrel.
Source: SFVN – Commodity investment with experts
