US Stock Market Situation for the Weekend Before August 16
The US stock market completed its strongest week of the year with its seventh consecutive gain. Specifically, the S&P 500 index increased 0.2%, reaching 5,554.25 points. The Nasdaq index increased 0.21%, reaching 17,631.72 points. The Dow Jones index increased 0.24%, closing the session at 40,659.76 points.
On the US Treasury bond situation yesterday august 18
The yield on 10-year US Treasury bonds turned up slightly, to 3.909%.
About the Dollar Index situation
The Dollar Index opened the new week at 102.4 points.
About Gold Situation
World gold prices today tend to decrease with spot gold down 2.5 USD compared to the closing price last week, down to 2,506.2 USD/ounce.
Regarding the commodity trading market situation, some notable developments
At the end of last week's trading session, oil prices fell nearly 2% as investors reduced their expectations for demand in the Chinese market. Specifically, Brent crude oil prices fell 1.36 USD, equivalent to 1.7%, to 79.68 USD/barrel. WTI crude oil prices fell 1.51 USD, equivalent to 1.9%, to 76.65 USD/barrel.
Source: SFVN – Commodity investment with experts
