US Markets Mixed Tech Stocks Face Pressure

US Markets Mixed Tech Stocks Face Pressure

US stock markets presented a mixed picture on Monday. As trading concluded in New York, the Dow Jones recorded a gain of 0.3 percent, settling at 49,686 points. However, metrics calculated earlier in the day showed different trends: the broader S&P 500 was down 0.1 percent at approximately 7,405 points, and the Nasdaq 100 technology index was down 0.5 percent at around 28,995 points.

Chip stocks were notable under pressure early in the week, keeping companies like Nvidia near the bottom of the Dow’s listing. In related movements, the yield on ten-year US Treasury bonds-often used as a benchmark for global borrowing costs-rose to 4.630 percent, reaching its highest level since February 2025.

In foreign exchange, the Euro strengthened by the end of the day, trading at 1.1653 US dollars per euro, meaning the dollar cost 0.8581 euros.

Commodities saw mixed results. The price of gold rose, gaining 0.4 percent to close at $4,559 per fine ounce, equating to €125.78 per gram. Conversely, the oil market saw a drop, with a barrel of North Sea Brent crude priced at $108.90 on Monday evening (around 10 PM CET). This represented a decrease of 33 cents, or 0.3 percent, compared to the preceding trading day.