The U.S. stock markets were relatively flat on Monday. By the close of New York trading, the Dow Jones Industrial Average traded at 48,904 points, down 0.2 % from the previous day. A few minutes earlier, the broader S&P 500 was near 6,880 points, slightly up, while the Nasdaq 100 was around 24,990 points, up 0.1 %.
Wall Street showed little shock at the U.S. and Israel attack on Iran. Analysts noted that many investors had likely already priced in an escalation, and that the U.S. economy is less dependent on energy imports through the Strait of Hormuz. Still, a prolonged war remains a risk for downward spirals and a global recession.
The euro weakened on Monday evening, trading at 1.1691 U.S. dollars per euro; the dollar was worth 0.8554 euros. Gold rose, with a troy ounce closing at $5,334 (+1.1 %), equivalent to €146.68 per gram. Oil surged, as the North Sea Brent barrel was priced at $79.25 at 10 p.m. German time, an 8.8 % increase from the previous close.