{"id":21895,"date":"2026-08-24T10:35:56","date_gmt":"2026-08-24T02:35:56","guid":{"rendered":"https:\/\/linkpgm.com\/august-24-market-recap\/"},"modified":"2026-08-24T10:36:22","modified_gmt":"2026-08-24T02:36:22","slug":"august-24-market-recap","status":"publish","type":"post","link":"https:\/\/linkpgm.com\/en\/august-24-market-recap\/","title":{"rendered":"August 24 Market Recap"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Last Friday, as market concerns grew that the U.S. Treasury\u2019s plan to expand its repurchase of long-term government bonds could further weaken the dollar, the U.S. Dollar Index hovered near a three-month low, briefly falling to an intraday low of 98.56 before closing down 0.03% at 98.84;The benchmark 10-year U.S. Treasury yield closed up 2.7 basis points at 4.739%, while the 2-year U.S. Treasury yield, which is sensitive to the Fed\u2019s policy rate, closed up 5.1 basis points at 4.240%. <br\/>Driven by a weaker U.S. dollar and technical factors, spot gold surged by more than $100 during the session, briefly breaking above $4,630, and ultimately closed up 1.86% at $4,603.25 per ounce;Spot silver briefly returned above $70 and ultimately closed up 1.26% at $68.94 per ounce. <br\/>Crude oil continued to fluctuate as Trump threatened to impose economic sanctions on Iran\u2019s trading partners.WTI crude hovered above $86 and ultimately closed up 0.42% at $86.34 per barrel; Brent crude closed up 0.74% at $92.39 per barrel. <br\/>The Dow Jones Industrial Average closed up 0.98%,the S&amp;P 500 rose 0.43%, and the Nasdaq rose 0.43%. Tesla (TSLA.O) rose 5.14%, Oracle (ORCL.N) rose 3.11%, and SpaceX (SPCX.O) rose 2.22%.Intel (INTC.O) fell 2.24%, and Nvidia (NVDA.O) fell 0.98%.The Nasdaq Golden Dragon China Index rose 0.4%; Baidu (BIDU.O) rose 1.35%, while Alibaba (BABA.N) fell 8.59%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Friday, as market concerns grew that the U.S. Treasury\u2019s plan to expand its repurchase of long-term government bonds could further weaken the dollar, the U.S. Dollar Index hovered near a three-month low, briefly falling to an intraday low of 98.56 before closing down 0.03% at 98.84;The benchmark 10-year U.S. Treasury yield closed up 2.7 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21890,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-21895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/comments?post=21895"}],"version-history":[{"count":1,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21895\/revisions"}],"predecessor-version":[{"id":21896,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21895\/revisions\/21896"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media\/21890"}],"wp:attachment":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media?parent=21895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/categories?post=21895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/tags?post=21895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}