U.S. stock exchanges posted gains on Monday. As trading concluded in New York, the Dow recorded 51,078 points, which represented a 0.1 percent increase compared to the previous trading day. Just minutes earlier, the broader S&P 500 was up 0.3 percent at around 7,600 points, while the tech-focused Nasdaq 100 reached roughly 30,515 points, up 0.6 percent. Technology stocks from Salesforce, IBM, and Nvidia were particularly sought after, suggesting that the AI enthusiasm continues on U.S. markets.
However, the picture was different at the start of trading on Wall Street. In the initial hours, the indices trended generally downward. This dip was likely influenced by reports from Iran claiming that Tehran had temporarily halted talks with the United States. Later, U.S. President Donald Trump contradicted this narrative, announcing that he had averted an Israeli attack on Beirut. This development appears to have brought relief to investors.
In global markets, the European common currency weakened on Monday evening. The euro was trading at $1.1633, meaning the dollar was available for 0.8596 euros.
The price of gold declined noticeably; for a fine ounce, it traded at $4,483 in the evening, a drop of 1.2 percent. This equates to a price of 123.91 euros per gram. Meanwhile, oil prices rose sharply. A barrel of Brent crude from the North Sea cost $95.27 around 10 p.m. German time on Monday, marking a 4.6 percent increase compared to the close of the previous trading day.
