US stock markets added on Monday, closing higher in New York. The Dow finished the day at 46,946 points, up 0.8 % from the previous session. A few minutes earlier, the wider S&P 500 was trading around 6,699 points, rising 1.0 %, while the Nasdaq 100 hovered near 24,655 points, up 1.1 %.
Investors weighed developments at the Strait of Hormuz and Nvidia’s product roadmap. After Iran last allowed two Indian tankers to pass through the strait, President Donald Trump intensified pressure on NATO allies to secure oil transport militarily. Brent crude fell sharply: a barrel of North Sea‑grade Brent traded at $100.20 on Monday evening (about 21 :00 German time), 2.9 % lower than the close the previous day.
The question on the market floor was how far “artificial intelligence” will reshape the economy. Nvidia announced its new “Groq 3” chip, signaling that the company will not rely solely on GPUs-primarily used for training language models-but will also employ LPU chips optimized for fast AI responses.
The euro strengthened against the dollar. On Monday night, one euro cost $1.1510, meaning one dollar was worth €0.8688.
Gold slipped, trading at $5,011 per troy ounce – down 0.3 % – which translates to roughly €139.96 per gram.
