US Stock Market Situation Yesterday, October 7
Economic and financial news on October 8, 2024. The US stock market fell in the trading session on Monday as rising oil prices and bond yields put pressure on investors. Specifically, the S&P 500 index decreased by 0.96% to 5,695.94 points. The Nasdaq index slid by 1.18% to 17,923.9 points. The Dow Jones index decreased by 0.94% to close the session at 41,954.24 points.
On the US Treasury bond situation yesterday october 7
The yield on 10-year US Treasury bonds maintained a strong upward momentum, reaching 4.028%.
About the Dollar Index situation
The dollar index was unchanged from yesterday at 102.49 points as political tensions in the Middle East and a good jobs report weighed on investors' safe-haven sentiment.
About Gold Situation
World gold prices fell today with spot gold down 14.6 USD, down to 2,643.1 USD/ounce. Gold futures last traded down 11.4 USD compared to early yesterday morning, down to 2,661.9 USD/ounce.
Regarding the commodity trading market situation, some notable developments
Economic and financial news At the end of the trading session on Monday, oil prices increased for the fifth consecutive session, increasing by 3%. Specifically, Brent oil prices increased by 2.88 USD, equivalent to 3.7%, to 80.93 USD/barrel. WTI oil prices increased by 2.76 USD, equivalent to 3.7%, to 77.14 USD/barrel. Let's follow HVA to update and grasp the fastest information about the financial market every day.
