Market Trends
On September 23, 2024, US stock indices showed a positive trend with the Dow Jones Industrial Average up by 0.15% at 42,124.65, the NASDAQ increased by 0.14% reaching 17,974.27, and the S&P 500 rose by 0.28% to close at 5,718.57. The slight increase in these indices suggests continued investor confidence despite ongoing global economic concerns.
In the bond market, the 2-year Treasury yield remained stable at 3.59%, while the 10-year Treasury yield increased slightly by 0.01% to 3.75%. The 30-year Treasury yield also saw a minor rise of 0.01%, settling at 4.09%. This movement indicates a cautious optimism among investors regarding inflation and interest rates.
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