Stock Market Update Monday June 10, 2024
Stock Market Update Monday June 10, 2024 Equities experienced a modest uptick during a subdued summer Monday trading session, propelling the S&P 500 to a 0.30% gain.
Away From Stocks: Long-dated Treasuries faced continued selling pressure, with the long bond yield climbing 4 basis points to 4.59% following Friday's notable sell-off. In the commodities market, WTI crude oil rebounded significantly, approaching $78 per barrel, while gold rallied to $2,309 per ounce. Bitcoin remained relatively stable near $69,400, and the VIX volatility index settled just below 13.
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