US equity markets closed higher on Monday, with major indices reaching new record levels. The Dow Jones Industrial Average closed at 46,381 points, representing a 0.1% increase compared to the previous trading day.
Shortly before the close of trading in New York, the S&P 500 reached approximately 6,695 points, up 0.4%, while the Nasdaq 100 was recorded at around 24,760 points, showing a 0.6% gain.
Investor optimism regarding potential further interest rate reductions following the recent actions of the US Federal Reserve appears to have contributed to the market’s positive performance. However, this sentiment was tempered by recent announcements concerning proposed increases to fees for specific work visas, a development that introduced an element of uncertainty.
The euro strengthened against the US dollar, trading at $1.1800, with the dollar equivalent at €0.8475.
Gold prices saw a significant increase, reaching $3,747 per fine ounce (+1.7%), equivalent to €102.08 per gram.
Conversely, oil prices experienced a slight decrease. Brent crude, a benchmark grade of North Sea oil, was priced at $66.57 per barrel at approximately 10:00 PM Central European Time, a decrease of 11 cents, or 0.2%, compared to the closing price of the previous trading day.
