NEW YORK, New York - Stocks in the United States rose on Monday despite a flare up of tensions in the ongoing Israeli-Palestinian conflict.
"I think there's a knee jerk reaction," Anna Rathbun, chief investment officer for CBIZ Investment Advisory Services, in oil prices and in shares of defense and airlines companies told CNBC Monday. "So there's dust going up, and now the dust is coming back down. I think it will take a few days to really understand where the impact actually is."
Following are the closing quotes for the major U.S. indices:
S&P 500 (^GSPC)
- Closing Value: 4,335.66
- Change: +27.16
- Percent Change: +0.63 percent
- Trading Volume: 1.978 billion shares
The S&P 500, representing a broad cross-section of the U.S. stock market, closed at 4,335.66, showing a gain of 27.16 points or 0.63 percent. Investors continue to exhibit confidence in the domestic economy's growth potential.
Dow Jones Industrial Average (^DJI)
- Closing Value: 33,604.65
- Change: +197.07
- Percent Change: +0.59 percent
- Trading Volume: 227.843 million shares
The Dow Jones Industrial Average surged by 197.07 points, ending the day at 33,604.65, reflecting a gain of 0.59 percent. This performance was driven by strong performances in various sectors, including technology and healthcare.
NASDAQ Composite (^IXIC)
- Closing Value: 13,484.24
- Change: +52.90
- Percent Change: +0.39 percent
- Trading Volume: 3.389 billion shares
The NASDAQ Composite index closed at 13,484.24, marking an increase of 52.90 points or 0.39 percent. Technology stocks played a significant role in driving the index higher, as investors continue to seek growth opportunities in the sector.
U.S. Dollar Loses Ground Monday - Incurs Across-the-board Losses
The greenback retreated Monday despite geopolitical tensions heightening as a result of the dramatic flare-up of violence in the Middle East. Following are the latest quotes approaching the U.S. close Monday:
EURUSD - Euro / US Dollar
- Exchange Rate: 1.0568
- Percent Change: Decreased by 0.15 percent, a change of -0.0016
USDCAD - US Dollar / Canadian Dollar
- Exchange Rate: 1.3586
- Percent Change: Decreased by 0.52 percent, a change of -0.0070
GBPUSD - British Pound / US Dollar
- Exchange Rate: 1.2238
- Percent Change: Increased by 0.02 percent, a change of +0.0002
USDCHF - US Dollar / Swiss Franc
- Exchange Rate: 0.9055
- Percent Change: Decreased by 0.44 percent, a change of -0.0040
AUDUSD - Australian Dollar / US Dollar
- Exchange Rate: 0.6409
- Percent Change: Increased by 0.41 percent, a change of +0.0026
NZDUSD - New Zealand Dollar / US Dollar
- Exchange Rate: 0.6023
- Percent Change: Increased by 0.57 percent, a change of +0.0034
USDJPY - US Dollar / Japanese Yen
- Exchange Rate: 148.49
- Percent Change: Decreased by 0.50 percent
Global Stock Markets See European Bourses Retreat Monday, Asian Stocks Gain
In a mixed day of trading, global stock markets exhibited diverse movements Monday, with several key indices experiencing fluctuations. Buyers mostly held sway in Asia, while in Europe, sellers had the upper hand. Here's a roundup of the latest world stock market quotes:
S&P/TSX Composite index (^GSPTSE)
- Closing Value: 19,246.07
- Change: +108.27
- Percent Change: +0.57 percent
- Trading Volume: 171.571 million shares
In Canada, the S&P/TSX Composite index posted gains, closing at 19,246.07, up by 108.27 points or 0.57 percent. Positive economic data and a favorable outlook for various industries contributed to the upward momentum.
FTSE 100 (^FTSE): The London Stock Exchange's FTSE 100 index closed at 7,492.21, showing a modest decline of 2.37 points or -0.03 percent.
DAX PERFORMANCE-INDEX (^GDAXI): Germany's DAX Performance-Index settled at 15,128.11, reflecting a decrease of 101.66 points, equivalent to -0.67 percent.
CAC 40 (^FCHI): France's CAC 40 index closed at 7,021.40, slipping by 38.75 points or -0.55 percent.
ESTX 50 PR.EUR (^STOXX50E): The ESTX 50 PR.EUR index ended at 4,112.57, declining by 31.86 points or -0.77 percent.
Euronext 100 Index (^N100): The Euronext 100 Index finished at 1,304.03 Monday, down by 1.85 points or -0.14 percent.
BEL 20 (^BFX): Belgium's BEL 20 index closed at 3,480.05, showing a decrease of 10.39 points or -0.30 percent.
MOEX Russia Index (IMOEX.ME): Russia's MOEX Russia Index settled at 2,222.51, experiencing a slight dip of 4.14 points or -0.19 percent.
Nikkei 225 (^N225): In Asia, Japan's Nikkei 225 closed at 30,994.67, with a minor drop of 80.73 points or -0.26 percent.
HANG SENG INDEX (^HSI): Hong Kong's Hang Seng Index saw a positive trend, ending the day at 17,517.40, reflecting an increase of 31.42 points or +0.18 percent.
SSE Composite Index (000001.SS): China's SSE Composite Index closed at 3,096.92 Monday, experiencing a dip of 13.55 points or -0.44 percent, with a trading volume of 672.417 million shares.
Shenzhen Index (399001.SZ): The Shenzhen Index in China stood at 10,106.96, down by 2.57 points or -0.03 percent, with a total trading volume of 1.394 billion shares.
STI Index (^STI): Singapore's STI Index closed at 3,166.51, with a minor decline of 7.88 points or -0.25 percent.
S&P BSE SENSEX (^BSESN): In India, the S&P BSE SENSEX index closed at 65,512.39, with a notable decline of 483.24 points or -0.73 percent.
NIFTY 50 (^NSEI): India's NIFTY 50 index meantime closed at 19,512.35 Monday, experiencing a decline of 141.15 points or -0.72 percent.
IDX COMPOSITE (^JKSE): Indonesia's IDX COMPOSITE index saw a modest increase, closing at 6,891.46, up by 2.94 points or +0.04 percent.
FTSE Bursa Malaysia KLCI (^KLSE): Malaysia's FTSE Bursa Malaysia KLCI index settled at 1,417.26, showing a slight gain of 0.38 points or +0.03 percent.
KOSPI Composite Index (^KS11): South Korea's KOSPI Composite Index ended at 2,408.73, with a positive gain of 5.13 points or +0.21 percent.
TSEC weighted index (^TWII): Taiwan's TSEC weighted index finished at 16,520.57, reflecting an increase of 67.07 points or +0.41 percent.
ALL ORDINARIES (^AORD): In Australia, the ALL ORDINARIES index ended at 7,157.00 Monday, reflecting a gain of 14.00 points or +0.20 percent.
S&P/ASX 200 (^AXJO): Australia's S&P/ASX 200 index meantime ended at 6,970.20, showing a positive gain of 16.00 points or +0.23 percent.
S&P/NZX 50 INDEX GROSS (^NZ50): Across the Tasman, in New Zealand, the S&P/NZX 50 INDEX GROSS closed at 11,205.06, declining by 81.97 points or -0.73 percent.
Top 40 USD Net TRI Index (^JN0U.JO): The Top 40 USD Net TRI Index in South Africa closed at 3,651.67, registering a slight increase of 1.57 points or +0.04 percent.
TA-125 (^TA125.TA): Israel's TA-125 index closed at 1,746.91 Monday, showing a notable gain of 12.36 points or +0.71 percent. This after losing more than 6 percent on Sunday, following the violent Hamas attacks a day earlier.
EGX 30 Price Return Index (^CASE30): Egypt's EGX 30 Price Return Index closed at 19,409.80, with a gain of 52.40 points or +0.27 percent, and a trading volume of 108.627 million shares.
(Photo credit: Big News Network news agency).