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US stock indices closed lower, and the price of gold goes up ! – 22-05-2020

News Date: 22/5/2020 04:09:00

During the last session yesterday - Thursday, the American shares ended their trading lower, as they led their indicators to the bottom ,and this had a negative impact on a group of sectors, as losses were recorded in each of the oil and natural gas sectors, especially the technology and raw materials sector, and this came behind the decline caused by the rise in oil prices.

As the Nasdaq index closed down by about 0.96%, the Standard & Poor’s 500 index ended with a decrease of 0.78%, while the Dow Jones ended its trading session down by 0.41%, however Wall Street shares achieved gains Strong weekly.

And this morning, oil futures fell, only Wall Street exchanged oil futures for June delivery were traded at 32.91 dollars a barrel, after it was stable the day before yesterday  at 34.75 dollars a barrel, the decline rate was 2,98%, as futures contracts rose Gold for June delivery increased by 1.45%, to trade at $ 1726.75 an ounce, forgetting the rise in the price of the US dollar, which increased by 0.08%, and is trading at levels of $ 1.09 against the euro, and $ 1.22 against the pound, As for the pair of the US dollar against the Japanese yen, it continued to advance by about 0.03%, to settle at 107.64 levels .

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