US equity markets saw gains on Monday. By the end of trading in New York, the Dow Jones was calculated at 52,182 points, reflecting a 0.6 percent increase compared to the previous trading day. Just minutes earlier, the broader S&P 500 was up 1.2 percent with approximately 7,440 points, while the tech-focused Nasdaq 100 reached around 29,775 points, marking a 2.3 percent rise.
Investors on Wall Street appeared to be primarily buoyed by recent signals from Washington suggesting a possible de-escalation in the Iran conflict. While there had been renewed attacks over the weekend, US representatives recently indicated a readiness for new negotiations. Reactions from Tehran, however, remained cautious.
In currency markets, the European community currency strengthened by Monday evening; the euro traded at $1.1425, meaning the dollar was available for 0.8753 euros.
Regarding commodities, the price of gold declined notably, reaching $4,015 per fine ounce by the evening, representing a loss of 1.8 percent. This equated to a price of 112.99 euros per gram. In contrast, oil prices increased significantly. A barrel of Brent crude oil cost $72.78 around 10 PM German time on Monday, an increase of 79 cents, or 1.1 percent, compared to the closing price of the previous trading day.
