Financial economic news shows the situation of US stocks on November 5: At the end of the session on November 5, the S&P 500 index increased sharply by 1,23% to 5,782.76 points. The Nasdaq Composite index also increased by 1,43% to 18,439.17 points. The Dow Jones index increased by 1,02% to 42,221.88 points.
The race for the 47th US President between Donald Trump and Kamala Harris is expected to be very tense. The results show that Trump is temporarily leading in the number of votes. According to the update at 9:30 a.m. (Vietnam time), Trump defeated Harris in Texas and a series of southern states, winning 178 electoral votes, while Harris has 99 votes.
In addition to the election, the US Federal Reserve (Fed) will announce its interest rate decision on November 7 as well as comments from the Fed Chairman on upcoming policy moves.
On the US Treasury bond situation, US bond yields rose again, approaching the 4.4% mark.
About the Dollar Index situation, the DXY index fell 0.46% to 103.42.
About Gold Situation, spot gold edged up 0.2% to $2,740.96 an ounce. Gold futures edged up to $2,749.70 an ounce. Gold is supported by election uncertainty, said senior market strategist at RJO Futures.
Economic and financial news about Commodity market situation: Brent crude futures rose 0.6% to $75.53/barrel. WTI crude futures rose 0.73% to $71.99/barrel.
