On Friday, as the market optimism about the U.S. and Iran reached an agreement to strengthen, the dollar index first rose and then fell, and the U.S. session of a sharp dive, and finally closed down 0.06% at 98.93; benchmark 10-year U.S. bond yields closed at 4.443%, the Fed’s policy rate sensitive to the 2-year U.S. bond yields closed at 4.010%.
Spot gold narrowly oscillated in the Asian session, in the European session to open the uptrend, intraday rose more than 1%, close to the $4,600 mark, but then retracted some of the gains, and ultimately closed up 0.97% at $4,539.93 / ounce; spot silver continued to oscillate during the day, and ultimately closed down 0.45% at $75.29 / ounce.
Crude oil fell more than 1% on Friday due to increased market optimism that the Strait of Hormuz will be open to traffic, and hit the biggest one-week drop since early April.WTI crude oil shook down, once fell below the $90 mark during the day, and finally closed down 0.61% at $90.23/barrel; Brent crude oil finally closed down 1.2% at $91.32/barrel.
The three major U.S. stock indexes edged higher, with the Dow closing up 0.72%, the S&P 500 up 0.22%, and the Nasdaq up 0.2%. IBM (IBM.N) was up more than 12%, Qualcomm (QCOM.O) was up more than 3%, and Oracle (ORCL.N) was up more than 10%. The Nasdaq China Golden Dragon Index closed flat, with Baidu (BIDU.O) up 2.4% and Alibaba (BABA.N) down 1.5%. The S&P 500 rose 5.15% in May, the Nasdaq rose 8.36%, and the Dow rose 2.78%. The S&P 500 gained for a ninth straight week, marking its longest streak of gains since December 2023.