US Stock Market Situation Yesterday, August 20
The US stock market broke its strong growth streak when it turned down. Specifically, the S&P 500 index fell 0.2%, down to 5,597.12 points. The Nasdaq index fell 0.33%, down to 17,816.94 points. The Dow Jones index slid 0.15%, down to 40,834.97 points.
On the US Treasury bond situation yesterday august 20
The yield on 10-year US Treasury bonds continued to decline, down to 3.799%.
About the Dollar Index situation
The Dollar Index continued to fall 0.51% to 101.38 points while investors waited for comments from the FED Chairman.
About Gold Situation
World gold prices increased slightly today with spot gold increasing by 9.7 USD, reaching 2,514.7 USD/ounce. Gold futures last traded up 10.8 USD compared to early this morning, reaching 2,551.5 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of yesterday's trading session, oil prices continued to fall by about 1% after Israel accepted a proposal to resolve disagreements in the ceasefire agreement in the Gaza Strip. Specifically, Brent oil prices fell by 46 cents, equivalent to 0.6%, to 77.2 USD/barrel. WTI oil prices fell by 33 cents, equivalent to 0.4%, to 74.04 USD/barrel.
Source: SFVN – Commodity investment with experts
