Financial economic news shows the situation of US stocks on November 8: At the end of the session, all three major US indices closed at all-time highs. The Dow Jones Industrial Average rose 0.59% to 43,988.99 points. The S&P 500 rose 0.38% to 5,995.54 points and the Nasdaq Composite edged up 0.09% to 19,286.78 points.
On the other side of the globe, the Chinese National Assembly has approved an aid package of up to 10 trillion yuan, equivalent to nearly 1.4 trillion USD.
On the US Treasury bond situation, the yield on the US 10-year Treasury note has fallen sharply from a high of 4.48% last week. The support level is 4.2%, a break of which could push the yield below 4% in the near term.
About the Dollar Index situation, the US dollar index rose 0.6%, recording a weekly gain after Donald Trump's victory. The US dollar index (DXY), which measures the greenback's movements against six major currencies, stood at 104.95.
About Gold Situation, spot gold fell 0.8% to $2,684.03 an ounce. On a weekly basis, the price has fallen 1.8%. Gold futures fell 0.4% to $2,694.80 an ounce.
On the situation of the commodity trading market: At the end of the session on November 8, WTI crude oil price fell 2.741 TP3T to 70.38 USD/barrel. Brent oil decreased 2.331 TP3T to 73.87 USD/barrel.
Economic and financial news silver contract price December 2024 The price of platinum for January 2025 ended the week at $31,449/troy ounce, down $1.313T from the previous session. The price of platinum for December 2024 dropped to $4,306/pound, down $313T from the previous session.
