US Stock Market Situation for the Week Before August 5
The US stock market fell sharply in the trading session on Monday in the context of concerns about the health of the world's largest economy causing investors to panic sell globally. Specifically, the S&P 500 index fell 3%, down to 5,186.33 points. The Nasdaq index fell 3,43%, down to 16,200.08 points. The Dow Jones index fell 2.6%, down to 38,703.27 points.
On the US Treasury bond situation yesterday august 5
The yield on the 10-year US Treasury note extended its sharp decline as it fell to 3.779%.
About the Dollar Index situation
The Dollar Index fell 0.52% to 102.67 points. The reason was that the Yen soared to a 7-month high while the USD continued to decline.
About Gold Situation
World gold prices fell sharply today with spot gold falling $35 to $2,411.4 an ounce. Gold futures last traded down $35 compared to early this morning, to $2,451.1 an ounce.
Regarding the commodity trading market situation, some notable developments
Oil prices ended Monday's trading session down about 50 cents as the sell-off continued in global stock markets. Specifically, Brent crude oil prices fell 51 cents, equivalent to 0.66%, to $76.30 a barrel. WTI crude oil prices fell 58 cents, equivalent to 0.79%, to $72.94 a barrel.
Source: SFVN – Commodity investment with experts
