US stocks rallied strongly on Monday, with the Nasdaq closing at a fresh record high as investors returned to technology and AI-related stocks. Oil prices fell sharply to 12-day lows amid hopes of diplomatic progress in the Middle East. The US dollar strengthened, while gold moved lower.
📊 Equities
The Nasdaq rose 2.26% to a fresh record high, while the S&P 500 gained 1.49% and the Dow advanced 0.71%.
🛢️ Oil
Oil prices came under significant pressure as concerns around Saudi supply eased. Brent fell 3.64% to $100.09, while WTI dropped 4.51% to $95.78.
🥇 Gold
Gold lost 0.78% to $4,342.96 as the stronger US dollar weighed on the precious metal.
💵 FX & Bonds
The 2-year US Treasury yield rose 0.4 basis points to 4.747%, while the 10-year yield fell 4.5 basis points to 4.951%. The Dollar Index gained 0.19% to 100.40.
| Market | Change | Close |
|---|---|---|
| Dow | +0.71% | 52,048 |
| S&P 500 | +1.49% | 7,764 |
| Nasdaq | +2.26% | 27,122 |
| USD | +0.19% | 100.40 |
| US Treasury – 2 Year | +0.4 bps | 4.747% |
| US Treasury – 10 Year | -4.5 bps | 4.951% |
| Oil – Brent | -3.64% | $100.09 |
| Oil – WTI | -4.51% | $95.78 |
| Gold | -0.78% | $4,342.96 |
📌 Today’s Focus
The macroeconomic calendar remains relatively quiet. RBA Governor Michele Bullock and ECB President Christine Lagarde are scheduled to speak, while geopolitical developments remain a key driver of broader market sentiment.
🔹 Asian Session – All Day – Japan – Bank Holiday
🔹 Asian Session – 1.10 pm – Australia – Reserve Bank of Australia Governor Michele Bullock Speaks
🔹 European Session – 9.00 pm – EU – ECB President Christine LaGarde Speaks