US stock markets displayed a cautious performance on Monday, concluding with a mixed showing as investors eyed upcoming corporate earnings reports. The Dow Jones Industrial Average closed at 44,837 points, reflecting a decrease of 0.1% compared to the previous trading day.
Earlier in the session, the broader S&P 500 edged slightly into positive territory, briefly reaching approximately 6,390 points. The Nasdaq 100 also showed early gains, standing at around 23,355 points, a 0.3% increase.
A trade agreement recently reached between the EU and the US provided initial support for the market, as it appeared to de-escalate ongoing trade tensions. However, this positive momentum was tempered by a generally cautious outlook ahead of the flurry of corporate earnings releases expected throughout the week.
The euro weakened considerably on Monday evening, trading at $1.1591 (-1.45%). Conversely, the US dollar fetched €0.8627.
Gold prices also saw a decline, with a fine ounce priced at $3,317 (-0.6%). This translates to a price of €92.01 per gram.
In contrast, oil prices experienced a marked increase. Brent crude, a benchmark North Sea variety, reached $70.38 per barrel late Monday, representing a 2.8% rise from the previous day’s closing price.