ECONOMIC AND FINANCIAL NEWS 11/05/2024

Posted date: 11/05/2024 Updated date: 11/05/2024

Index

Financial economic news shows the situation of US stocks on November 4: At the end of the session, the Dow Jones index fell 0.61% to 41,794.6 points. The S&P 500 index fell 0.28% to 5,712.69 points and the Nasdaq Composite index fell 0.33% to 18,179.98 points.

The US presidential election results on November 5 and investors will also look forward to the Fed's interest rate decision on November 7. This week, China has an important conference, policy decisions, related to stimulus packages may be made. Economic issues will be one of the main points attracting attention at the meeting of the Standing Committee of the National People's Congress of China, which will take place from November 4-8.

On the US Treasury bond situation, US Treasury bond yields have adjusted, fluctuating around 4.31% on the morning of November 5.

About the Dollar Index situation, the USD strength index (DXY) fell to 103.89 points.

About Gold Situation, at the end of the trading session on November 4, the spot gold contract increased by 0.05% to 2,736.49 USD/ounce. The gold futures contract closed the session at 2,746.90 USD/oz.

Economic and financial news on the situation of the commodity trading market: At the end of the session on November 4, Brent oil futures jumped 2,71% to 75.08 USD/barrel. WTI oil futures increased 2,85% to 71.47 USD/barrel. Last week, OPEC+ extended its production cut plan. 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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