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Stock Market Update Thursday February 8, 2024

Stock Market Update Thursday February 8, 2024 Another session was dominated by weakness in the Treasury market, as both 2- and 30-year yields increased by five basis points to reach 4.46% and 4.36%, respectively. Meanwhile, stocks closed slightly higher amidst subdued, narrow-range trading. WTI crude oil prices saw a notable uptick, settling just below $77 per barrel, while gold maintained its position near $2,035 per ounce for the third consecutive session. The VIX, indicating market volatility, remained below 13.

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