Breaking News

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 .

Latest news

Concerns about a lack of oil production and rising inflation have multiplied, after OPEC + announced the largest supply cut since 2020 before the European Union banned Russian energy, which caused a
10-2022 06 05:42:21

Crude oil futures declined. According to the New York Stock Exchange, crude oil futures were traded in November at a price of 86.12 dollars a barrel, ie, it decreased by 0.46%. And in light of OPEC
10-2022 05 04:16:02

The US dollar fell to its lowest level in two weeks at the beginning of trading on Tuesday, due to the high risk sentiment, while the sterling pound maintained its recent gains after the British gove
10-2022 04 07:12:28

Japanese stocks opened today’s trading on a positive note, dragging its indices to the upside, especially chips and energy stocks. So, the Nikkei index rose by 1.07% to reach 26,215.79 points,
10-2022 03 03:36:24

Wall Street closed yesterday evening sharply lower, because of some economic concerns related to inflation, which could reflect negatively on the US economy, not also this, but also the investor's c
09-2022 30 03:07:57

More News