US stocks end Monday’s session with gains
Date
11/21/2023 3:23:20 AM
(MENAFN) On Monday, US stock exchanges concluded the day with higher figures, extending their upward trend following three consecutive weeks of gains.
The Dow Jones Industrial Average climbed 203 points, marking a 0.58 percent increase, closing at 35,151. Last week, this blue-chip index saw a rise of 1.9 percent.
The S&P 500 surged by 33 points, a 0.74 percent increase, settling at 4,547 after experiencing a weekly gain of 2.2 percent.
Meanwhile, the nasdaq soared by 159 points or 1.13 percent, concluding the day at 14,284. Last week, this tech-heavy index recorded a gain of 2.4 percent.
The VIX volatility index, known as the fear index, dropped by 2.8 percent to 13.41. Additionally, the 10-year US Treasury yield decreased by 0.43 percent to 4.422 percent.
The dollar index declined by 0.41 percent, resting at 103.49, while the euro showed a marginal increase of 0.02 percent to USD1.0940 against the US dollar.
In the realm of commodities, precious metals displayed negative trends: gold decreased by 0.16 percent to USD1,978 per ounce, and silver fell by 1.2 percent, reaching USD23.43.
On the energy front, oil prices observed an approximate 2 percent increase, with global benchmark Brent crude priced at USD82.02 per barrel and US benchmark West Texas Intermediate crude valued at USD77.62.
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