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The US stock market recorded modest gains despite elevated volatility during the trading week ending on October 6, 2024. The Volatility VIX index surged by 11%, indicating increased market uncertainty. Additionally, WTI Crude Oil saw a significant rally, rising by 9.2%. Meanwhile, the global economy continues to deteriorate, with central banks around the world resuming money printing activities. Geopolitical risks are also on the rise, adding to the market's concerns. The $SPX index performance was notable, and good U.S. data contributed to the market's resilience.
US stock market recorded modest gains while volatility remains elevated. Volatility VIX index surged 11% WTI Crude Oil rallied 9.2% Global economy deteriorates while global money printing is officially back Read the market recap, trading week 40/2024👇 https://t.co/43Hmat6ORN
US stock market recorded modest gains while volatility remains elevated Volatility VIX index surged 11% WTI Crude Oil rallied 9.2% Global economy deteriorates while global money printing is officially back Read the market recap, trading week 40/2024👇 https://t.co/43Hmat6ORN
Market Overview - October 6th 2024 | $SPX Performance & Volatility Metrics (US Indices) 👇https://t.co/MhS6oBo5aT https://t.co/FaKKTl9JFL