ECONOMIC AND FINANCIAL NEWS 16.09.2024

Posted date: September 16, 2024 Updated date: 09/16/2024

Index

US Stock Market Situation for the Weekend Before September 13

The economic and financial news on the US stock market continued to increase strongly in the trading session on Friday in the context of investors being optimistic that the FED will cut interest rates next week. Specifically, the S&P 500 index increased by 0.54%, reaching 5,626.02 points. The Nasdaq index increased by 0.65%, reaching 17,683.98 points. The Dow Jones index increased by 0.72%, closing the session at 41,393.78 points.

On the US Treasury bond situation yesterday september 15

The yield on 10-year US Treasury bonds turned slightly lower, down to 3.652%.

About the Dollar Index situation

The Dollar Index opened the new week at 101.11 points.

About Gold Situation

World gold prices today tend to decrease with spot gold down 3.2 USD compared to the closing price last week, down to 2,575.5 USD/ounce.

Regarding the commodity trading market situation, some notable developments

Financial economic news at the end of the trading session on Friday, oil prices turned down slightly by 0.5% when crude oil production in the Gulf of Mexico recovered after the storm. Specifically, Brent oil prices decreased by 36 cents, equivalent to 0.5%, to 71.61 USD/barrel. WTI oil prices decreased by 32 cents, equivalent to 0.5%, to 68.65 USD/barrel. Let's follow HVA to grasp information about financial markets every day.

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