U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 250 points on Monday.
The Dow traded up 1.66% to 49,183.51 while the NASDAQ gained 0.80% to 23,420.85. The S&P 500 also rose, gaining, 0.81% to 6,913.76.
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Leading and Lagging Sectors
Energy shares gained by 2.9% on Monday.
In trading on Monday, utilities stocks dipped by 2.2%.
Top Headline
The ISM manufacturing PMI declined for a third straight month to 47.9 in December, recording the lowest reading since October 2024, versus a reading of 48.2 in November and market estimates of 48.3.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded up 1.7% to $58.30 while gold traded up 2.9% at $4,454.40.
Silver traded up 7.3% to $76.230 on Monday, while copper rose 5.1% to $5.9815.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.94%, while Spain's IBEX 35 Index rose 0.70%. London's FTSE 100 rose 0.54%, Germany's DAX gained 1.34% and France's CAC 40 climbed 0.20% during the session.
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 2.97%, Hong Kong's Hang Seng Index gaining 0.03%, China's Shanghai Composite surging 1.38% and India's BSE Sensex falling 0.38%.
Economics
The ISM manufacturing PMI declined for a third straight month to 47.9 in December, recording the lowest reading since October 2024, versus a reading of 48.2 in November and market estimates of 48.3.
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