US stock exchanges: US stock exchanges close inconsistently – oil prices rise again
Quick Look
- An eventful week began on Wall Street with an inconsistent start for the US stock markets.
- Microsoft shares topped a key mark for the first time in about a year, while the Dow Jones rose slightly, the S&P 500 stagnated and the Nasdaq lost 0.4 percent.
- Oil prices rose again in the afternoon after Trump announced an immediate energy ceasefire between Russia and Ukraine, although Russia did not confirm it.
AI-generated summary
Why It Matters
The US stock markets are starting an eventful week with ongoing tensions in the Middle East and important dates later in the week. The bond market is closed due to a holiday.
An eventful week has begun on Wall Street. In the course of trading, Microsoft shares are particularly eye-catching, surpassing an important mark for the first time in about a year.
A street sign on Wall Street. Photo: dpa
Dusseldorf. The US stock markets are off to an inconsistent start to an eventful week. The ongoing tensions in the Middle East and the prospect of important dates later in the week are causing investors to act hesitantly on Monday. While the Dow Jones rises slightly, the tech-heavy stocks give up profits.
At the close of trading, the Dow Jones standard values recorded a slight increase of around 0.4 percent and stood at 51,850 points.
The broader S&P 500 is stagnating at 7,807 points.
The Nasdaq technology exchange closed 0.4 percent in the red and was trading at 27,245 points.
The Nasdaq 100, a reflection of the 100 non-financial companies with the highest market capitalization, closed 0.7 percent lower at 30,664 points.
The bond market in the US is closed on Monday due to a holiday. However, shares are traded regularly.
Oil prices are rising again
After a relaxation in the morning, the price of oil will rise again from midday. A barrel (159 liters) of North Sea Brent for delivery in December increases in price by up to 1.9 percent to over 106 US dollars. WTI oil is becoming more expensive to a similar extent.
US President Donald Trump surprisingly announced an immediate “energy ceasefire” between Russia and Ukraine on Sunday. Ukrainian President Volodymyr Zelenskyj welcomed the move, but said he was still waiting for details from the US government and pointed to ongoing Russian attacks. Russia has not confirmed the announced ceasefire. Kremlin spokesman Dmitry Peskov said that contacts with the US side were ongoing.
What to Watch
AI outlook — possibilities, not facts
Microsoft shares will maintain or further expand their important mark in the coming days.
Possible · Within days
Oil prices will remain elevated in the short term.
Likely · Within days
Open Questions
- What details will the US government provide on the energy ceasefire?
- How will Russia react to the announced ceasefire?
- Will Microsoft stock maintain its mark or continue to rise?
