Home » Business » The Dow closed 36.31 points, oil down, gold up.

The Dow closed 36.31 points, oil down, gold up.

The Dow closed 36.31 points higher, while WTI crude fell 2% on fears of a global recession, gold jumped to $ 1,686 an ounce.

US Equity Market Investment Climate The Dow closed slightly higher, while the S & P500 and Nasdaq closed in negative territory in a volatile trading environment. Markets were under pressure as the International Monetary Fund (IMF) lowered its forecast for the world economy in 2023 to 2.7% from 2.9% for 2022, keeping them at 3.2%.

The Dow closed at 29,239.19 points, up 36.31 points, or + 0.12%.

The Nasdaq closed at 10,426.19 points, down 115.91 points, or -1.10%.

The S & P500 closed at 3,588.84 points, down 23.55 points or -0.65%.

New York West Texas Intermediate (WTI) crude futures closed in negative. Because investors are worried that global oil demand will be affected by the recession. and the situation of the COVID-19 outbreak in China

WTI Crude Oil Contract for November Delivery Was down $ 1.78, or 2%, to close at $ 89.35 a barrel.

Brent crude oil contract (BRENT) with delivery in December. It was down $ 1.9, or 2%, to close at $ 94.29 a barrel.

The COMEX (Commodity Exchange) gold contract will be delivered in December. It was up $ 10.80, or 0.64%, to $ 1,686 an ounce.

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