ECONOMIC AND FINANCIAL NEWS BULLETIN 09/27/2024

Posted date: September 27, 2024 Updated date: 09/27/2024

Index

US Stock Market Situation Yesterday, September 26

Financial economic news on the US stock market increased in the trading session on Thursday as investors waited for the upcoming US inflation report. Specifically, the S&P 500 index increased 0.4%, reaching 5,475.37 points, a new closing record. The Nasdaq index increased 0.6%, reaching 18,190.29 points. The Dow Jones index increased 0.62%, closing at 42,175.11 points.

On the US Treasury bond situation yesterday september 26

The yield on the 10-year US Treasury note continued to rise, to 3.796%.

About the Dollar Index situation

The dollar index fell 0.35% to 100.57 points. Meanwhile, the Swiss franc rose after the country's central bank cut interest rates by 25 basis points.

About Gold Situation

World gold prices increased today with spot gold increasing by 16.8 USD, to 2,674.5 USD/ounce. Gold futures last traded up 13.7 USD compared to early this morning, reaching 2,695.1 USD/ounce. 

Regarding the commodity trading market situation, some notable developments

Financial economic news about the end of the trading session on Thursday, oil prices continued to fall nearly 3% after the news that Saudi Arabia abandoned the target of 100 USD to prepare to increase production from the Financial Times. Specifically, Brent oil price decreased by 1.86 USD, equivalent to 2.53%, to 71.6 USD/barrel. WTI oil price decreased by 2.02 USD, equivalent to 2.9%, to 67.67 USD/barrel. Let's follow HVA to grasp information about financial markets every day.

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Nguyen Thien An

HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.

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