US markets demonstrated a cautious start to the trading week on Monday, exhibiting a degree of resilience despite recent trade-related announcements. The Dow Jones Industrial Average closed at 44,459 points, marking a 0.2% increase from the previous day’s close.
The broader S&P 500 reached approximately 6,270 points, showing a gain of 0.1%, while the Nasdaq 100 index registered around 22,855 points, up 0.3% at the close.
Following weekend announcements by the US President regarding tariffs on imports from Mexico and the European Union, market participants appeared less reactive than in previous instances of trade-related warnings. Many analysts believe the President’s actions are now primarily viewed as a negotiating tactic, prompting a “wait and see” approach until the month’s end.
The euro weakened slightly against the US dollar, trading at $1.1667, with the dollar fetching €0.8571.
Gold prices also experienced a decline, with a fine ounce priced at $3,344 (-0.4%). This translates to €92.15 per gram.
Crude oil prices saw a significant drop, with a barrel of Brent North Sea crude falling to $69.18, a decrease of 118 cents, or 1.7%, compared to the previous day’s closing price.
