NEW YORK, New York - A rise in Treasury yields failed to deter investors and traders Monday as they weighed into Wall Street pushing the major indices solidly higher.
There was optimism ahead of earnings reports, and the U.S. dollar eased after its recent relentless rise. "I really see a relief rally going on," Lisa Erickson, senior vice president at U.S. Bank Wealth Management told CNBC Monday, citing recent earnings reports and a "digestion" of interest rate moves. "Sentiment has just turned relatively more positive," she said.
Here are the closing quotes for the major U.S. bourses:
S&P 500 (New York, USA): The S&P 500 surged by 45.85 points, registering a remarkable 1.06 percent increase to finish at 4,373.63.
Dow Jones Industrial Average (New York, USA): The Dow Jones Industrial Average climbed by 314.25 points, marking a 0.93 percent rise to close at 33,984.54.
NASDAQ Composite (New York, USA): The NASDAQ Composite gained 160.75 points Monday, a substantial 1.20 percent rise, concluding at 13,567.98.
NYSE COMPOSITE (DJ) (New York, USA): The NYSE COMPOSITE (DJ) advanced by 160.80 points, a gain of 1.05 percent, closing at 15,484.50.
NYSE AMEX COMPOSITE INDEX (New York, USA): The NYSE AMEX COMPOSITE INDEX decreased by 14.32 points, a 0.31 percent decline, with a closing value of 4,648.44.
Foreign Exchange Market Rates Reflect Only Slight Movements in Late Trading Monday
Late trading in the foreign exchange market on Monday saw minor fluctuations in key currency pairs. Here are the latest FX rates going into the evening:
EUR/USD (Euro/US Dollar): The EUR/USD exchange rate was at 1.0558, marking a decrease of 0.02 percent or a decrease of 0.0001.
USD/JPY (US Dollar/Japanese Yen): The Japanese yen exchange rate stood at 149.53, reflecting a modest increase of 0.02 percent or an increase of 0.02.
USD/CAD (US Dollar/Canadian Dollar): The Canadian dollar exchange rate was at 1.3607, indicating a 0.02 percent decline or a decrease of 0.0002.
GBP/USD (British Pound/US Dollar): The GBP/USD exchange rate stood at 1.2206 Monday, showing a 0.04 percent decrease or a decrease of 0.0004.
USD/CHF (US Dollar/Swiss Franc): The USD/CHF exchange rate was at 0.8996, reflecting a 0.02 percent decrease or a decrease of 0.0002.
AUD/USD (Australian Dollar/US Dollar): The AUD/USD exchange rate stood at 0.6341, showing a 0.01 percent decrease or a decrease of 0.00007.
NZD/USD (New Zealand Dollar/US Dollar): The NZD/USD exchange rate was at 0.59253, indicating a 0.03 percent decrease in value.
Global Stock Markets Experience Mixed Performance Monday, European and UK Bourses Bounce, Stocks in Asia Slide
On the world stock markets, Wednesday saw a diverse range of movements as global indices grappled with economic data and geopolitical developments. Here's a snapshot of the latest quotes from key stock indices around the world:
S&P/TSX Composite index (Toronto, Canada): The S&P/TSX Composite index advanced by 157.94 points, a 0.81 percent increase, closing at 19,620.80 with a trading volume of 192.171 million shares.
FTSE 100 (London, UK): The FTSE 100 edged up by 31.03 points Monday, a gain of 0.41 percent, to close at 7,630.63.
DAX PERFORMANCE-INDEX (Frankfurt, Germany): The DAX PERFORMANCE-INDEX increased by 51.33 points, reflecting a 0.34 percent uptick to finish at 15,237.99.
CAC 40 (Paris, France): The CAC 40 rose by 18.66 points, showing a modest 0.27 percent increase, with a closing value of 7,022.19.
ESTX 50 PR.EUR (Europe): The ESTX 50 PR.EUR index advanced by 13.74 points, a 0.33 percent increase, to close at 4,149.86.
Euronext 100 Index (Europe): The Euronext 100 Index rose by 4.58 points Monday, showing a 0.35 percent uptick, with a closing value of 1,313.73.
BEL 20 (Brussels, Belgium): The BEL 20 index gained 11.04 points, marking a 0.31 percent increase to finish at 3,518.40.
MOEX Russia Index (Moscow, Russia): The MOEX Russia Index dipped by 4.14 points, a 0.19 percent decrease, with a closing value of 2,222.51.
Nikkei 225 (Tokyo, Japan): The Nikkei 225 experienced a significant downturn, shedding 656.96 points, a decline of 2.03 percent, to close at 31,659.03.
HANG SENG INDEX (Hong Kong, China): The HANG SENG INDEX on Monday decreased by 173.09 points, a decrease of 0.97 percent, closing at 17,640.36.
SSE Composite Index (Shanghai, China): The SSE Composite Index slipped by 14.29 points, a 0.46 percent decrease, concluding at 3,073.81 with a trading volume of 618.433 million shares.
Shenzhen Index (Shenzhen, China): The Shenzhen Index dropped by 143.36 points, a notable 1.42 percent decline, with a trading volume of 1.937 billion shares, ending at 9,924.92.
STI Index (Singapore): The STI Index dropped by 21.90 points, a decline of 0.69 percent, to close at 3,163.89.
S&P BSE SENSEX (Mumbai, India): The S&P BSE SENSEX index slipped by 115.81 points Monday, a decrease of 0.17 percent, closing at 66,166.93.
IDX COMPOSITE (Jakarta, Indonesia): The IDX COMPOSITE dropped by 30.49 points, a 0.44 percent decline, to close at 6,896.29.
FTSE Bursa Malaysia KLCI (Kuala Lumpur, Malaysia): The FTSE Bursa Malaysia KLCI decreased by 5.18 points, a 0.36 percent decline, to close at 1,438.96.
KOSPI Composite Index (Seoul, South Korea): The KOSPI Composite Index dropped by 19.91 points, marking an 0.81 percent decline, to close at 2,436.24.
TSEC weighted index (Taipei, Taiwan): The TSEC weighted index slipped by 130.33 points Monday, a 0.78 percent decrease, to close at 16,652.24.
ALL ORDINARIES (Sydney, Australia): The ALL ORDINARIES index decreased by 28.90 points, marking a 0.40 percent decline to close at 7,214.60.
S&P/ASX 200 (Sydney, Australia): The S&P/ASX 200 declined by 24.50 points, down 0.35 percent, to close at 7,026.50.
S&P/NZX 50 INDEX GROSS (New Zealand): The S&P/NZX 50 INDEX GROSS fell by 80.64 points, a 0.72 percent decrease, to close at 11,185.08.
IBOVESPA (Sao Paulo, Brazil): The IBOVESPA gained 779.77 points, a notable 0.67 percent increase, to close at 116,533.85 with a trading volume of 131.159 million shares.
S&P/CLX IPSA (Santiago, Chile): The S&P/CLX IPSA index remained unchanged at 5,058.88 Monday.
Top 40 USD Net TRI Index (Johannesburg, South Africa): The Top 40 USD Net TRI Index rose by 50.67 points, registering a 1.33 percent increase, closing at 3,851.27.
TA-125 (Tel Aviv, Israel): The TA-125 index in Israel advanced by 39.44 points, marking a significant 2.36 percent increase