U.S. stock markets advanced on Monday. At New York’s trade close, the Dow Jones Industrial Average settled at 49,412, up 0.6 % from the previous day. A few minutes earlier, the broader S&P 500 was trading around 6,950 points, up 0.5 %, while the Nasdaq 100 was at approximately 25,713, a 0.4 % gain.
A potential federal government shutdown looms again from Friday. This time, fewer agencies would be affected than the record‑length shutdown last year. Funding for the Department of Agriculture, which also manages food‑aid programs, and for the Department of Commerce has been secured for several more months. Negotiations on the budget for the Department of Homeland Security – which includes the ICE enforcement agency – and other areas were paused over the weekend after another ICE officer fatally shot a person in Minneapolis.
The euro weakened in the after‑hours session. One U.S. dollar was worth 0.8415 euros, meaning one euro cost 1.1884 dollars.
Gold saw a small bump, trading at $5,026 per troy ounce, an increase of 0.8 %, which translates to about €135.96 per gram.
Brent crude fell slightly by the end of the day, trading at $65.78 a barrel, down 10 cents or 0.2 % from the previous close.
