ECONOMIC AND FINANCIAL NEWS OCTOBER 25, 2024

Posted date: October 25, 2024 Updated date: 10/25/2024

Index

US Stock Market Situation Yesterday, October 24: Financial economic news shows that trading shows that the S&P 500 index inched up 0.21% to 5,809.86 points, ending a three-session losing streak. The Nasdaq Composite index rose 0.76% to 18,415.49 points. The Dow Jones index lost 140.59 points (equivalent to 0.33%) to 42,374.36 points.

Regarding the US Treasury bond situation on October 24, The yield on the 10-year US government bond surpassed 4.25% on Wednesday, but fell back to 4.2% by the end of Thursday's session.

About the Dollar Index situation, the index measuring the strength of the USD closed at 104.6 points, up from 104.43 points in the previous session.

About Gold Situation, at the end of the trading session on October 24, the spot gold contract increased by 0.7% to 2,736.16 USD/ounce, after falling from a record high of 2,758.37 USD/ounce. The gold futures contract also had a similar increase, to 2,749.1 USD/ounce.

Regarding the commodity trading market situation: At the end of the trading session on October 24, Brent oil contract decreased by 0.77% to 74.38 USD/barrel. WTI oil contract decreased by 0.82% to 70.19 USD/barrel.

Silver price in December 2024 decreased slightly by 0.1% compared to the previous trading session, down to $33.795/troy ounce. In contrast, platinum prices increased by 0.4% to stop at 1,033.6; and copper prices increased by 0.3% to $4.3515/pound. Let's follow HVA to update and grasp the fastest information about the financial market 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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