On Wednesday, as the market continued to assess the situation surrounding the U.S.-Iran conflict, the U.S. Dollar Index fluctuated around the 101 mark throughout the day, eventually closing down 0.08% at 101.11;The benchmark 10-year U.S. Treasury yield closed at 4.668%, while the 2-year U.S. Treasury yield, which is sensitive to the Fed’s policy rate, closed at 4.302%.
Spot gold extended its upward momentum from the previous trading day, surging nearly $100 from its intraday low to above $4,160, but failed to hold that level, ultimately closing up 1.28% at $4,129.99 per ounce;Spot silver ultimately closed up 1.59% at $59.69 per ounce.
International oil prices rose as much as 3% following Houthi attacks on two Saudi oil tankers and the 11th consecutive night of U.S. military strikes against Iran.WTI crude briefly surged above $89 during the session but subsequently gave back some of its gains, ultimately closing up 2.22% at $86.90 per barrel; Brent crude returned to above $90, closing up 1.47% at $90.67 per barrel.
The three major U.S. stock indices closed slightly lower, with the Dow Jones Industrial Average down 0.01%, the S&P 500 down 0.14%, and the Nasdaq down 0.57%. SpaceX (SPCX.O) fell 6.7%, hitting a new closing low.NVIDIA (NVDA.O) rose 2.3%, SK Hynix (SKHY.O) fell 3.8%, Supermicro (SMCI.O) rose nearly 20%, and Dell (DELL.N) rose 9%.The Nasdaq China Golden Dragon Index closed down 1.8%, with NetEase (NTES.O) falling more than 6%.