Lola Evans
10 Jun 2025, 01:47 GMT+10
NEW YORK, New York - Wall Street delivered a split performance on Monday, with the Nasdaq Composite notching up gains while the Dow Jones Industrial Average ended flat
Standard and Poor's 500 (^GSPC): Rose 5.52 points or 0.09 percent to close at a fresh record high of 6,005.88, buoyed by strength in tech and communication services. Trading volume reached 2.817 billion shares.
Dow Jones (^DJI): Finished virtually unchanged at 42,761.76, dipping just 1.11 points or 0.00 percent on light 475.194 million share volume.
Nasdaq (^IXIC): Gained 61.28 points or 0.31 percent to 19,591.24, with 8.568 billion shares traded as megacap tech stocks led the advance.
Investors balanced optimism about corporate earnings against lingering inflation concerns ahead of key U.S. jobs data later this week. The Nasdaq's outperformance reflected renewed appetite for growth stocks, while the Dow's flat finish signaled caution in industrial and consumer sectors.
U.S. Dollar Mixed as Commodity Currencies Surge
The foreign exchange market saw a split performance on Monday, with commodity-linked currencies advancing against the U.S. dollar while the yen slipped amid shifting risk sentiment.
EUR/USD: The euro rose 0.28 percent to 1.1424, extending its rebound as traders weighed potential European Central Bank policy shifts.
GBP/USD: The British pound climbed 0.24 percent to 1.3556, supported by easing political uncertainty in the UK.
USD/JPY: The dollar dipped 0.17 percent to 144.57 yen, retreating slightly after last week's rally.
AUD/USD & NZD/USD: The Australian dollar rose 0.45 percent to 0.6518, while the New Zealand dollar jumped 0.67 percent to 0.6050, lifted by stronger commodity prices and risk-on flows. Trading was subdued in the Aussie due to financial markets in Australia being closed for the King's Birthday.
USD/CAD: The U.S. dollar was nearly flat against the loonie, edging down 0.01 percent to 1.3685 as oil prices stabilized.
USD/CHF: The Swiss franc inched up 0.04 percent to 0.8213 per dollar, with traders eyeing safe-haven demand.
The dollar index (DXY) hovered near a one-month low as investors digested mixed U.S. economic data and pared back Fed rate-hike bets. Commodity currencies (AUD, NZD, CAD) outperformed amid rising copper and crude oil prices.
Technical Levels: "EUR/USD faces resistance at 1.1450; a breakout could target 1.1500."
Policy Watch: "BOJ officials reiterated patience on yield curve adjustments, limiting yen gains."
Global Markets Show Mixed Performance as Key Indices Close with Varied Results
Global stock markets delivered a mixed performance on Monday, with some indices posting gains while others edged lower amid fluctuating investor sentiment.
The S&P/TSX Composite (^GSPTSE) slipped 53.33 points or 0.20 percent to 26,375.80, with 296.918 million shares changing hands. Energy and financial stocks weighed on the index amid fluctuating commodity prices.
The FTSE 100 (^FTSE) in London dipped slightly, closing at 8,832.28, down 5.63 points or 0.06 percent.
Germany's DAX (^GDAXI) saw a steeper decline, falling 130.14 points or 0.54 percent to 24,174.32.
In France the CAC 40 (^FCHI) retreated 13.40 points or 0.17 percent to 7,791.47.
However, the broader EURO STOXX 50 (^STOXX50E) rose 10.97 points or 0.20 percent to 5,421.52, while the Euronext 100 (^N100) inched up 0.43 points or 0.03 percent to 1,595.09.
In Belgium the BEL 20 (^BFX) gained 9.53 points or 0.21 percent, closing at 4,540.61.
In Asia, Hong Kong's Hang Seng Index (^HSI) surged 388.89 points or 1.63 percent to 24,181.43, marking one of the day's strongest performances. Singapore's STI Index (^STI) edged up 2.03 points or 0.05 percent to 3,936.32.
China's SSE Composite Index (000001.SS) rose 14.41 points or 0.43 percent to 3,399.77, supported by steady trading activity. Japan's Nikkei 225 (^N225) climbed 346.96 points or 0.92 percent to 38,088.57, continuing its upward momentum.
In India the S&P BSE SENSEX (^BSESN) climbed 256.22 points or 0.31 percent to 82,445.21, while Indonesia's IDX Composite (^JKSE) advanced 44.38 points or 0.63 percent to 7,113.42. Malaysia's FTSE Bursa Malaysia KLCI (^KLSE) added 2.62 points or 0.17 percent, settling at 1,519.41.
Australian stock markets were closed for the King's Birthday long weekend.
New Zealand's S&P/NZX 50 (^NZ50) bucked the trend, slipping 24.22 points or 0.19 percent to 12,539.26.
In South Korea the KOSPI Composite (^KS11) jumped 43.72 points or 1.55 percent to 2,855.77, and Taiwan's TWSE Index (^TWII) rose 129.63 points or 0.60 percent to 21,790.29.
Israel's TA-125 (^TA125.TA) dipped 5.37 points or 0.20 percent to 2,746.47, while in Egypt the EGX 30 (^CASE30) surged 322.50 points or 1.00 percent to 32,677.90.
South Africa's Top 40 USD Net TRI Index (^JN0U.JO) gained 29.80 points or 0.56 percent, closing at 5,383.34.
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