World Market News of the 20 December with FXOpen #dowjones #sp500 #nasdaq #fed #oilprices #wtioil

RALLY EXTENDED ON THE BACKDROP OF OPTIMISM US stock market indices extended the rally on Tuesday as optimism over the dovish pivot from the US Federal Reserve continued, while investors looked ahead to crucial inflation data. The Dow Jones Industrial Average rallied 251.9 points, or %, to 37,, the S&P 500 rose points, or %, to 4,. The Nasdaq Composite ended points, or %, higher at 15,. In US Treasuries, benchmark 10-year notes were down 2.3 basis points to %, from % late on Monday. The 30-year bond was last down 2.6 basis points to yield % while the 2-year note was last was down 1.8 basis points to yield %. Source: Mint OIL PRICES RISE Crude oil prices rose for the third day, with Brent approaching $80 a barrel, amid concerns over the prospect of more disruption in the Red Sea. Brent crude oil rose % to $ a barrel, while the US West Texas Intermediate (WTI) crude futures gained % to $.