ECONOMIC AND FINANCIAL NEWS BULLETIN 12.08.2024

Posted date: 12/08/2024 Updated date: 12/08/2024

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ECONOMIC AND FINANCIAL NEWS BULLETIN 12.08.2024

US Stock Market Situation for the Weekend Before August 9

The US stock market continued to rise in Friday's trading session. Specifically, the S&P 500 Index increased by 0.47%, reaching 5,344.16 points. The Nasdaq Index increased by 0.51%, reaching 16,745.3 points. The Dow Jones Index increased by 0.13%, reaching 39,497.54 points.

On the US Treasury bond situation yesterday august 11

The yield on 10-year US Treasury notes edged up to 3.956%.

About the Dollar Index situation

The Dollar Index opened the new week at 103.15 points.

About Gold Situation

World gold prices today tend to increase with spot gold increasing by 2.2 USD compared to the closing price of last week, reaching 2,433.9 USD/ounce.

Regarding the commodity trading market situation, some notable developments

At the end of last week's trading session, oil prices increased slightly. Specifically, Brent crude oil prices increased by 50 cents, equivalent to 0.6%, to 79.66 USD/barrel. WTI crude oil prices increased by 65 cents, equivalent to 0.9%, to 76.84 USD/barrel.

Source: SFVN – Commodity investment with experts

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