NEW YORK, New York — Major U.S. stock indices ended higher in Monday’s trading session, as investors reacted positively to a slew of economic data and corporate earnings reports.
- S&P 500: The index closed at 5,180.74, up by 52.95 points or 1.03 percent. The total trading volume for the day was recorded at 2.144 billion shares, indicating a robust trading session.
- Dow Jones Industrial Average: This index saw a modest increase, closing at 38,852.27, which is up by 176.59 points or 0.46 percent. The volume of shares traded stood at 314.599 million.
- NASDAQ Composite: The tech-heavy index outperformed, finishing the day at 16,349.25, a rise of 192.92 points or 1.19 percent. It saw a trading volume of 4.012 billion shares, reflecting heightened investor interest in technology stocks.
These positive movements across major stock indices are indicative of investor confidence, buoyed by recent economic indicators and corporate earnings that suggest resilience in the face of ongoing global challenges.
Foreign Exchange Markets Show Varied Movements Amidst Economic Indicators
In Monday’s trading, foreign exchange markets witnessed a variety of shifts among major currency pairs, reflecting differing economic sentiments and market dynamics. The main theme was a further weakening of the U.S. dollar
- EUR/USD: The euro strengthened against the dollar, rising to 1.0767, a gain of 0.08 percent. This minor increase suggests a cautious optimism in the Eurozone amidst prevailing economic conditions.
- USD/JPY: The greenback saw significant appreciation against the Japanese Yen, reaching 153.93, marking an increase of 0.66 percent. This rise indicates stronger investor confidence in the dollar amidst current geopolitical tensions and economic policies.
- USD/CAD: The Canadian Dollar, settled at 1.3665, ahead by 0.14 percent. This increase could be attributed to fluctuations in oil prices and trade relations dynamics.
- GBP/USD: The British Pound experienced a modest increase against the dollar, moving up to 1.2560, a gain of 0.12 percent. The Pound’s resilience reflects ongoing economic adjustments.
- USD/CHF: The Swiss Franc rose to 0.9064, an increase of 0.22 percent. This could reflect investors seeking stability in the USD amidst global financial uncertainties.
- AUD/USD: The Australian dollar also saw an uplift against the U,S. Dollar, with the rate moving up to 0.6621, an increase of 0.21 percent. Factors such as commodity prices and trade balances influenced this trend.
- NZD/USD: The New Zealand Dollar held its position against the US Dollar at 0.60089, showing stability in the trading session. There was no percentage change leaving the Kiwi flat.
Update on Global Stock Markets | Most stock markets close higher, Japan and New Zealand the exception
Global stock markets closed on Monday with diverse outcomes across various indices. The standout performer was Egypt’s EGX 30, which soared by 843.20 points, marking an increase of 3.34 percent, reflecting significant investor confidence. On the other side of the spectrum, the S&P/NZX 50 Index in New Zealand experienced the largest decline, falling by 117.30 points, a drop of 0.98 percent.
Here is a detailed roundup of the major stock indices around the world:
CANADA
^GSPTSE The S&P TSX Composite Index in Toronto climbed 312.06 points or 1.42 percent to close Monday at 22,259.47. 234.166 million shares changed hands.
UNITED KINGDOM
- FTSE 100 (UK) advanced by 41.34 points, closing at 8,213.49, an increase of 0.51 percent.
EUROPE
- DAX (Germany) saw a significant gain of 173.61 points, ending the day at 18,175.21, up by 0.96 percent.
- CAC 40 (France) increased by 39.07 points to close at 7,996.64, a growth of 0.49 percent.
- Euro Stoxx 50 rose by 35.48 points to 4,956.96, up by 0.72 percent.
- Euronext 100 added 11.07 points, closing at 1,515.93, which is a 0.74 percent increase.
- BEL 20 (Belgium) moved up by 15.63 points to 3,929.00, a modest increase of 0.40 percent.
ASIA
- Nikkei 225 (Japan) slightly decreased by 38.03 points to finish at 38,236.07, a drop of 0.10 percent.
- Hang Seng Index (Hong Kong) went up by 102.38 points, closing at 18,578.30, an increase of 0.55 percent.
- SSE Composite Index (China) rose by 35.90 points to 3,140.72, marking an increase of 1.16 percent, with a trading volume of 2.116 billion.
- Shenzhen Index (China) surged by 192.09 points to 9,779.21, an impressive gain of 2.00 percent with 1.831 billion shares traded.
- STI Index (Singapore) advanced by 10.26 points, finishing at 3,303.19, a gain of 0.31 percent.
- S&P BSE SENSEX (India) moved slightly up by 17.39 points to 73,895.54, an increase of 0.02 percent.
- NIFTY 50 (India) decreased by 33.15 points to 22,442.70, a decline of 0.15 percent.
- IDX Composite (Indonesia) had a minimal gain of 1.17 points, ending at 7,135.89, also up by 0.02 percent.
- FTSE Bursa Malaysia KLCI rose by 7.80 points to 1,597.39, a gain of 0.49 percent.
- KOSPI (South Korea) declined by 7.02 points to 2,676.63, down by 0.26 percent.
- TSEC weighted index (Taiwan) climbed significantly by 192.99 points to 20,523.31, up by 0.95 percent.
OCEANIA
- S&P/ASX 200 (Australia) increased by 53.40 points to 7,682.40, up by 0.70 percent.
- All Ordinaries (Australia) saw a rise of 54.80 points, closing at 7,952.30, an increase of 0.69 percent.
- S&P/NZX 50 (New Zealand) faced a decline of 117.30 points, closing at 11,820.78, a decrease of 0.98 percent.
AFRICA
- Top 40 USD Net TRI Index gained 39.13 points, ending at 4,123.88, a rise of 0.96 percent.
MIDDLE EAST
- TA-125 (Israel) dropped by 5.30 points, ending the day at 1,966.83, a decrease of 0.27 percent.
- EGX 30 (Egypt) made a major leap by 843.20 points, finishing at 26,113.70, an increase of 3.34 percent, with 189.621 million shares traded.
These movements reflect a complex interplay of regional and global economic activities, with most markets closing higher amidst a backdrop of varied investor sentiments.
