{Economic Information Agency 20th exclusive} U.S. major indices closed mixed on Monday (19th), as tech and artificial intelligence-related stocks rebounded after last week's sharp decline, boosting the Nasdaq and S&P; however, the Dow was dragged down by declines in some components, closing slightly lower. Large-scale demonstrations erupted across France over the weekend, escalating into violent clashes and unrest, causing European stocks to fall.
The Dow fluctuated during the day, rising nearly 130 points at one point, but closed down 36.38 points, or 0.07%, at 51966.03 points; the S&P; rose 31.29 points, or 0.41%, to 7690.73 points; the Nasdaq rose 290.85 points, or 1.11%, to 26430.89 points.
Large tech stocks performed unevenly. Amazon (US.AMZN) rose nearly 5%, Tesla (US.TSLA) rose 3.8%, Nvidia (US.NVDA) rose 1.4%, SpaceX (US.SPCX) rose 1.3%, Google (US.GOOG) rose 1%, Microsoft (US.MSFT) rose 0.8%; Meta (US.META) fell 0.6%, Apple (US.AAPL) fell 0.2%.
AI and chip-related stocks rebounded after last week's sharp decline, with the Philadelphia Semiconductor Index ending eight consecutive days of losses, closing up 1.6%. Micron (US.MU) rose nearly 3%, SK Hynix (US.SKHY) ADR rose 4.7%.
Investors are also focusing on this week's earnings reports from major tech companies, including Meta and Tesla, hoping to assess corporate earnings growth and AI investment trends.
*Protests erupt across Europe over rising cost of living*
Protests against rising cost of living erupted in France and Spain, causing the STOXX Europe 600 Index to close down 0.8%, briefly falling 1.2% during the session. Bank and basic resources stocks underperformed the broader market, while tech stocks were the only sector to rise. The yield on France's 10-year government bond rose 13 basis points to 4.94%, the largest increase since September.
*Dollar strengthens, dollar-yen rises to 158.55*
In foreign exchange markets, the dollar strengthened. The U.S. Dollar Index stood at 101.99, up 0.2%. The dollar-yen rose to 158.55, up about 0.36%, reflecting continued yen weakness. The euro weakened against the dollar, falling 0.2% to 1.1211 dollars.
In precious metals, spot gold fell 0.4%, to $4144 per ounce; New York futures gold fell 0.4%, to $4162 per ounce.
International oil prices retreated on Monday, as markets digested news of U.S. adjustments to some restrictions on Russian energy transactions, while investors monitored Middle East tensions' impact on crude supply. Brent crude futures fell 0.4%, to $109.41 a barrel; New York futures crude fell 0.5%, to $98.54 a barrel. (yc)
The Dow fluctuated during the day, rising nearly 130 points at one point, but closed down 36.38 points, or 0.07%, at 51966.03 points; the S&P; rose 31.29 points, or 0.41%, to 7690.73 points; the Nasdaq rose 290.85 points, or 1.11%, to 26430.89 points.
Large tech stocks performed unevenly. Amazon (US.AMZN) rose nearly 5%, Tesla (US.TSLA) rose 3.8%, Nvidia (US.NVDA) rose 1.4%, SpaceX (US.SPCX) rose 1.3%, Google (US.GOOG) rose 1%, Microsoft (US.MSFT) rose 0.8%; Meta (US.META) fell 0.6%, Apple (US.AAPL) fell 0.2%.
AI and chip-related stocks rebounded after last week's sharp decline, with the Philadelphia Semiconductor Index ending eight consecutive days of losses, closing up 1.6%. Micron (US.MU) rose nearly 3%, SK Hynix (US.SKHY) ADR rose 4.7%.
Investors are also focusing on this week's earnings reports from major tech companies, including Meta and Tesla, hoping to assess corporate earnings growth and AI investment trends.
*Protests erupt across Europe over rising cost of living*
Protests against rising cost of living erupted in France and Spain, causing the STOXX Europe 600 Index to close down 0.8%, briefly falling 1.2% during the session. Bank and basic resources stocks underperformed the broader market, while tech stocks were the only sector to rise. The yield on France's 10-year government bond rose 13 basis points to 4.94%, the largest increase since September.
*Dollar strengthens, dollar-yen rises to 158.55*
In foreign exchange markets, the dollar strengthened. The U.S. Dollar Index stood at 101.99, up 0.2%. The dollar-yen rose to 158.55, up about 0.36%, reflecting continued yen weakness. The euro weakened against the dollar, falling 0.2% to 1.1211 dollars.
In precious metals, spot gold fell 0.4%, to $4144 per ounce; New York futures gold fell 0.4%, to $4162 per ounce.
International oil prices retreated on Monday, as markets digested news of U.S. adjustments to some restrictions on Russian energy transactions, while investors monitored Middle East tensions' impact on crude supply. Brent crude futures fell 0.4%, to $109.41 a barrel; New York futures crude fell 0.5%, to $98.54 a barrel. (yc)
