US stocks broadly advanced on Monday. By the close in New York, the Dow Jones Industrial Average was up at 50,135 points, a modest gain over the prior session. Earlier, the S&P 500 had risen about 0.5% to 6,965 points and the Nasdaq 100 was 0.8% higher around 25,270.
Wall Street sentiment, however, still reflects concerns about the U.S. labor market, according to Andreas Lipkow, head market analyst at CMC Markets. He warned that artificial intelligence could become a real job‑killer in well‑paid tech roles, potentially affecting consumer habits and the U.S. housing market. Lipkow added that the markets might consolidate until the delayed release of the monthly report on Wednesday.
The ongoing U.S. earnings season continues to be a key factor in market tone. While the largest names have already reported, several important mid‑cap companies are expected to announce earnings and forward outlooks over the next few days.
On the currency front, the euro firmed on Monday evening, trading at 1.1916 USD per euro, which means the dollar was worth 0.8392 euro. Gold posted strong gains, with a fine ounce trading at $5,080-a 2.3% jump-equivalent to €137.07 per gram. Meanwhile, Brent crude oil rose noticeably; a barrel was priced at $68.91 around 10 p.m. CET, an increase of 86 cents or 1.3% from the previous close.
