On Thursday, due to market optimism about the cease-fire in Lebanon, the dollar index fell from nearly two-month highs, but in the U.S. market showed a “V rebound”, and ultimately closed down 0.09% at 99.44; the benchmark 10-year U.S. bond yields closed at 4.481%, sensitive to the Federal Reserve’s policy rate of the 2-year U.S. bond yields were closed at 4.049%.
As the dollar and U.S. bond yields fell, spot gold rebounded, once during the session above $4,510, but failed to stabilize here, and ultimately closed up 0.94% at $4,475.58 per ounce; spot silver ultimately closed up 1.6% at $73.87 per ounce.
Crude oil plunged more than 3% during the day due to increased market optimism.WTI crude oil jumped sharply in the European trading session, then fell into shock near $93, and finally closed down 3.48% at $94.49/barrel; Brent crude oil finally closed down 3% at $94.37/barrel.
The U.S. Dow closed up 1.73% and hit a new closing high, the S&P 500 gained 0.41%, and the Nasdaq Composite edged lower. NVIDIA (NVDA.O) rose nearly 2%, Micron Technology (MU.O) fell 7.7% and Broadcom (AVGO.O) dropped more than 12%. The Nasdaq China Golden Dragon Index closed down 0.6%, while Xiaopeng Auto (XPEV.N) fell 3.5%.