US Stock Market Situation Yesterday, August 8
US stocks fell in Wednesday trading as attempts to recover from a sell-off failed.
Specifically, the S&P 500 Index decreased 0.77%, down to 5,199.5 points. The Nasdaq Index decreased 1.05%, down to 16,195.81 points. The Dow Jones Index decreased 0.6%, down to 38,763.45 points.
On the US Treasury bond situation yesterday august 8
The yield on 10-year US Treasury notes edged up to 3.6%.
About the Dollar Index situation
The USD recovered slightly in the last trading session when the Dollar Index increased by 0.22%, reaching 103.19 points. Meanwhile, the Japanese Yen turned to decrease after the Bank of Japan lowered the possibility of raising interest rates in the near future.
About Gold Situation
World gold prices continued to fall today, with spot gold falling by $8.1 to $2,382.3 per ounce. Gold futures last traded down $6.1 compared to early this morning, to $2,426.1 per ounce.
Regarding the commodity trading market situation, some notable developments
Oil prices rebounded from multi-month lows after data showed a larger-than-expected decline in U.S. crude inventories. Brent crude rose $1.85, or $2.421 per barrel, to $78.33 a barrel.
WTI crude oil price increased by 2.03 USD, equivalent to 2.77%, to 75.23 USD per barrel.
Source: SFVN – Commodity investment with experts
