U.S. stock markets were largely unchanged on Monday. By the close in New York, the Dow Jones Industrial Average had settled at 48,904 points, down 0.2 % from the previous session.
Just minutes earlier, the broader S&P 500 was trading near 6,880 points, slightly up, while the technology‑heavy Nasdaq 100 was at roughly 24,990 points, up 0.1 %.
The markets appeared little rattled by the U.S. and Israel’s attack on Iran. Analysts suggested that many investors had already priced in a possible escalation and noted that the U.S. economy is less dependent on energy imports passing through the Strait of Hormuz. Nonetheless, a prolonged war could still present ample opportunities for downward spiral dynamics and a global recession.
By Monday evening, the euro weakened; one euro could be exchanged for $1.1691, meaning one U.S. dollar bought 0.8554 euros.
Gold saw a noticeable jump, trading at $5,334 per troy ounce ($1,334 per ounce) in the evening, up 1.1 % from the prior close. That equates to about €146.68 per gram.
Oil prices rose sharply. A barrel of Brent crude was trading around $79.25 by 10 p.m. German time-an increase of 8.8 % over the previous closing price.
