US Stock Market Situation Yesterday, August 21
The stock market rose in yesterday's trading session after the FED meeting ended, further strengthening the possibility of a rate cut in the near future. Specifically, the S&P 500 index increased by 0.42%, reaching 5,620.85 points. The Nasdaq index increased by 0.57%, reaching 17,918.99 points. The Dow Jones index increased by 0.14%, closing at 40,890.49 points.
On the US Treasury bond situation yesterday august 21
The yield on 10-year US Treasury bonds edged up slightly, to 3.805%.
About the Dollar Index situation
The Dollar Index continued to plummet, falling 0.3% to 101.14 points. At the same time, the USD fell to its lowest level against the EUR and the British pound in more than a year.
About Gold Situation
World gold prices fell slightly as spot gold fell $2.2 to $2,512.5 an ounce. Gold futures last traded down $1.5 compared to early this morning, to $2,550 an ounce.
Regarding the commodity trading market situation, some notable developments
At the end of yesterday's trading session, oil prices continued to fall by more than 1 USD as US employment data was revised down sharply, affecting oil demand. Specifically, Brent oil prices fell by 1.15 USD, equivalent to 1.49%, to 76.05 USD/barrel. WTI oil prices fell by 1.24 USD, equivalent to 1.69%, to 71.93 USD/barrel.
Source: SFVN – Commodity investment with experts
