US Stock Market Situation Yesterday, October 22: The financial economic news showed that the S&P 500 and Dow Jones fell slightly while the Nasdaq gained amid investor concerns about rising bond yields and earnings reports.
About 20% of S&P 500 companies have reported earnings, according to FactSet. Investors are also keeping an eye on some reports, including Tesla and Coca-Cola.
At the end of the trading session on October 22, the S&P 500 index decreased by 0.05% to 5,851.20 points and the Dow Jones decreased by 0.02% to 42,924.89 points. Meanwhile, the Nasdaq Composite index increased by 0.18% to 18,573.13 points.
On the US Treasury bond situation on October 22, The yield on the 10-year US Treasury note rose above 4.2% for the first time in about three months.
Regarding the Dollar Index situation, The USD index rose to 104.18, due to expectations that the US Federal Reserve will adjust its interest rate cut roadmap, while investors are waiting for the important event, the US presidential election.
Regarding the Gold situation, World gold prices hit a record high, spot gold prices hit $2,739.81/ounce, equivalent to an increase of 0.7%. Gold futures contracts increased by 0.6% to $2,754.30/ounce.
Regarding the commodity trading market situation: Crude oil prices recovered after a sell-off last week, ending the trading session on October 22, with WTI crude oil contracts up 2.17% to 72.09 USD/barrel. Brent crude oil contracts increased 2.36% to 76.04 USD/barrel.
Silver prices continued to "fly" in the last trading session, the settlement price of the December 2024 silver futures contract reached 35,041 USD/troy ounce, up 2.8% compared to the previous trading session. Platinum prices also increased sharply by 2.4%, reaching 1,041.4 USD/troy ounce. Copper prices edged up 0.5% to 4.3805 USD/pound. Let's follow HVA to update and grasp the fastest information about the financial market every day.
