US stock markets showed caution on Monday. At the end of trading in New York, the Dow was calculated at 40,227 points, a 0.3% increase compared to the previous trading day.
Just a few minutes earlier, the broader S&P 500 was up by 0.1% to around 5,530 points, while the Nasdaq 100 was barely down at around 19,425 points.
According to analysts, despite progress in bilateral trade agreements and a projected rapprochement between China and the United States, there is still significant uncertainty. Different statements from the Chinese government and US President Donald Trump about the status of negotiations further unsettled investors.
Investors are waiting for financial reports from around 180 S&P 500 companies, including Apple, Microsoft, Amazon and Meta. Tech giants are expected to continue exceeding earnings expectations as they are more resilient to tariffs, analysts hope.
The European common currency strengthened on Monday evening, with one euro costing 1.1422 US dollars and one dollar equivalent to 0.8755 euros.
The gold price benefited, with a fine ounce trading at 3,351 US dollars at the evening price, an increase of 0.9%. This equates to a price of 94.31 euros per gram.
The oil price, on the other hand, declined significantly. A barrel of North Sea Brent was priced at 65.75 US dollars on Monday evening, German time, a decrease of 112 cents or 1.7% compared to the previous trading day’s close.