On Thursday, the U.S. dollar index advanced for the third consecutive session, ending up 0.38% at 98.88; the yield on the benchmark 10-year U.S. bond closed at 4.489%, while the yield on the 2-year U.S. bond, which is sensitive to the Fed’s policy rate, closed at 4.03%.
With soaring inflation prompting investors to weigh the Federal Reserve’s interest rate path, spot gold continued its downtrend, hitting a low of 4644.42 U.S. dollars / ounce, and ultimately closed down 0.78% at 4652.46 U.S. dollars / ounce; spot silver retraced sharply, ending seven days of consecutive gains, and ultimately closed down 4.63% at 83.48 U.S. dollars / ounce.
International oil prices oscillated sideways, and Iran said more than 30 ships have passed through the Strait of Hormuz in a coordinated manner since Wednesday night.WTI crude oil gained support near the 100 mark, and finally closed up 0.96% at $102.04/barrel; Brent crude oil finally closed up 0.75% at $103.87/barrel.
The three major U.S. stock indexes closed higher, the Dow closed up 0.75%, the S&P 500 index rose 0.77%, the Nasdaq Composite Index rose 0.88%, the latter two continued to record highs. Nvidia (NVDA.O) rose more than 4%, and market capitalization closed above $5.7 trillion, a record high. New stock Cerebras closed up 68%, while Qualcomm (QCOM.O) fell 6%. The Nasdaq China Golden Dragon Index closed down 3.3 percent, with Baidu (BIDU.O) down 4.7 percent and Alibaba (BABA.N) down 3 percent.