US stock markets registered a muted performance on Monday, concluding with the Dow Jones Industrial Average at 44,323 points, a slight decrease from the previous trading day’s close.
Earlier in the session, the broader S&P 500 index briefly edged upwards, reaching approximately 6,305 points, representing a 0.1% gain. The Nasdaq 100 also saw a positive trend, valued at around 23,180 points, up 0.5% at that point.
Investor sentiment remained cautious ahead of a data-heavy week. Several major companies are scheduled to release their quarterly earnings reports, beginning Tuesday with releases from beverage giant Coca-Cola, automotive manufacturer General Motors and defense contractor Lockheed Martin. Wednesday’s slate includes earnings from electric vehicle producer Tesla, technology conglomerate Alphabet (Google’s parent company) and telecommunications providers T-Mobile US and AT&T. Chip manufacturer Intel is scheduled to report on Thursday.
The euro strengthened against the US dollar on Monday evening, trading at $1.1690, equivalent to €0.8554 per dollar.
Gold prices saw a significant increase, fetching $3,398 per fine ounce, a rise of 1.4%. This equates to €93.46 per gram.
Conversely, oil prices declined. Brent crude, a benchmark grade, was priced at $68.99 per barrel on Monday evening, representing a decrease of 29 cents, or 0.4% lower than the previous trading day’s close.