• Home
  • Categories
  • News
  • Community
EN
EN
Home
CategoriesNewsGlossaryCommunity
Contact Us
Social Media
Region
🌏International
Region
🌏International
Contact
Home
/
News
/
U.S. stocks fell pre-election, Golden Dragon Index rose, oil prices up with OPEC+ support.

U.S. stocks fell pre-election, Golden Dragon Index rose, oil prices up with OPEC+ support.

TraderKnowsTraderKnows
2024-11-05
Summary:The three major U.S. stock indices closed lower on Monday, while the Golden Dragon Index rose against the market trend. OPEC+ delayed production increase, boosting oil prices higher.

On Monday, the three major U.S. stock indexes closed lower as investors remained cautious ahead of the U.S. presidential election and the Federal Reserve meeting. At the close, the Dow Jones Industrial Average fell 257.59 points to 41,794.60 points, a decrease of 0.61%; the Nasdaq Composite dropped 59.93 points to 18,179.98 points, a decline of 0.33%; and the S&P 500 Index was down 16.11 points to 5,712.69 points, a decrease of 0.28%. The Nasdaq Golden Dragon China Index rose against the trend by 1.1%, with Alibaba up 0.84% and XPeng Motors up nearly 5%.

In European stocks, both the German DAX30 Index and the French CAC40 Index fell, down 0.53% and 0.50% respectively. The UK's FTSE 100 Index slightly increased by 0.11%. Performances in the Asia-Pacific market were mixed, with South Korea's KOSPI Index rising 1.83%, while Indonesia's Jakarta Composite Index fell 0.34%.

In the commodities market, boosted by the OPEC+ decision to delay production increases, WTI crude oil futures prices rose 2.85% to $71.47 per barrel. Gold futures slightly declined by 0.14% to $2,745.40 per ounce, silver futures dropped 0.29% to $32.5850 per ounce, and copper futures rose 1.35% to $4.4303 per pound.

In the metal market, LME copper, aluminum, and tin closed higher, while zinc and lead fell. On the macroeconomic data front, U.S. factory orders in September fell 0.5% month-on-month, in line with market expectations, indicating a cooling in manufacturing.

商务合作 Skype ENG

商务合作 Telegram Eng

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End
Previous
Next

Comments

0/1000

You Missed

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

According to data provided by brokers, 40% of traders give up trading after one month, and only 7% remain active after five years.

亚伦_TK_LOXmv
亚伦_TK_LOXmv
2024-06-04
Investment
Investment
2024-06-04
U.S. elections and Middle East conflict boost uncertainty, driving gold prices higher.

U.S. elections and Middle East conflict boost uncertainty, driving gold prices higher.

With the US election nearing and Middle East tensions rising, risk aversion keeps gold prices high as markets watch Fed rate decisions and US economic data.

TraderKnows
TraderKnows
2024-10-30
Foreign Exchange Trading
Foreign Exchange Trading
2024-10-30
Indonesia's central bank to continue forex intervention, rupiah to strengthen next year.

Indonesia's central bank to continue forex intervention, rupiah to strengthen next year.

Recently, the Governor of the Bank of Indonesia, Perry Warjiyo, publicly stated that they will continue to intervene in the foreign exchange market to stabilize the rupiah.

TraderKnows
TraderKnows
2024-06-05
Foreign Exchange Trading
Foreign Exchange Trading
2024-06-05
Theo Broker Review:High Risk(Suspected Fraud)

Theo Broker Review:High Risk(Suspected Fraud)

Theo (Theo Technology Co., Ltd) is an online forex trading platform. This article evaluates Theo from perspectives like corporate entity, domain registration, regulatory licenses, staff, software, and trade types.

TraderKnows
TraderKnows
2024-05-14
Pig Butchering Scam
Pig Butchering Scam
2024-05-14
Is Opixtech a legitimate forex company? Are the high returns of Opix Algo real?

Is Opixtech a legitimate forex company? Are the high returns of Opix Algo real?

No matter how well Opixtech and Chen De disguise their forex funding scheme, they can't conceal its true nature as a Ponzi scheme.

TraderKnows
TraderKnows
2024-05-10
Ponzi Scheme
Ponzi Scheme
2024-05-10

Wiki

Stock Market Volatility

Stock market volatility is an indicator measuring the fluctuation of stock prices, and it holds significant value for investors and traders in devising risk management strategies and predicting market trends.

Organization

Active

TraderKnowsTraderKnows

Recent Post

Trump Invokes Defense Production Act with 850 Million USD for Coal Power to Meet AI Demand

18 hours ago

NY Fed Index Shows High Supply Chain Pressures as Geopolitical Conflicts Raise Global Inflation Con…

18 hours ago

Japan's Real Wages Rise for Fourth Consecutive Month, Fueling June BOJ Rate Hike Bets

18 hours ago

China Flexible Employment Exceeds 300 Million as Blue-Collar Wage Growth Outpaces White-Collar for…

18 hours ago

South Korean Stocks Post Steepest Weekly Drop Since March as Tech Valuations Reset

18 hours ago

China Commercial Paper Rates Drop in Early June Amid Rising Bank Demand

18 hours ago

UK House Prices Unexpectedly Fall in May as Geopolitical Tensions Push Up Borrowing Costs

18 hours ago

Massive Intervention Fails to Save Yen as Short Positions Surge Near Historic Lows

18 hours ago

AI Momentum Pauses as Broadcom Outlook Misses High Expectations; Markets Await Payrolls

18 hours ago

SpaceX Launches 75B USD IPO Roadshow as Access Blocked in Mainland China and Hong Kong

18 hours ago

Global Gold ETFs See $2 Billion Outflows in May as Capital Pivots to Tech Assets

18 hours ago

Nikkei Drops Over 1% on Tech Sector Pullback While Real Wage Growth Provides Support

18 hours ago

South Korea Lifts Mandatory Reporting for Crypto Transfers Over 10M Won

18 hours ago

Amundi Says Asian AI Stocks Supported by Fundamentals as Fed Path Poses Key Risk

18 hours ago

Taiwan Stocks Close 1.33% Lower on Broadcom Drop But Hold Key Technical Support

18 hours ago

You Missed

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

According to data provided by brokers, 40% of traders give up trading after one month, and only 7% remain active after five years.

亚伦_TK_LOXmv
亚伦_TK_LOXmv
2024-06-04
Investment
Investment
2024-06-04
U.S. elections and Middle East conflict boost uncertainty, driving gold prices higher.

U.S. elections and Middle East conflict boost uncertainty, driving gold prices higher.

With the US election nearing and Middle East tensions rising, risk aversion keeps gold prices high as markets watch Fed rate decisions and US economic data.

TraderKnows
TraderKnows
2024-10-30
Foreign Exchange Trading
Foreign Exchange Trading
2024-10-30
Indonesia's central bank to continue forex intervention, rupiah to strengthen next year.

Indonesia's central bank to continue forex intervention, rupiah to strengthen next year.

Recently, the Governor of the Bank of Indonesia, Perry Warjiyo, publicly stated that they will continue to intervene in the foreign exchange market to stabilize the rupiah.

TraderKnows
TraderKnows
2024-06-05
Foreign Exchange Trading
Foreign Exchange Trading
2024-06-05
Theo Broker Review:High Risk(Suspected Fraud)

Theo Broker Review:High Risk(Suspected Fraud)

Theo (Theo Technology Co., Ltd) is an online forex trading platform. This article evaluates Theo from perspectives like corporate entity, domain registration, regulatory licenses, staff, software, and trade types.

TraderKnows
TraderKnows
2024-05-14
Pig Butchering Scam
Pig Butchering Scam
2024-05-14
Is Opixtech a legitimate forex company? Are the high returns of Opix Algo real?

Is Opixtech a legitimate forex company? Are the high returns of Opix Algo real?

No matter how well Opixtech and Chen De disguise their forex funding scheme, they can't conceal its true nature as a Ponzi scheme.

TraderKnows
TraderKnows
2024-05-10
Ponzi Scheme
Ponzi Scheme
2024-05-10

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.