Positive start to week for Wall Street, Dow Jones up 76 points



Positive start to week for Wall Street, Dow Jones up 76 points

NEW YORK, New York - A major rise in Facebook's parent, Alphabet, together with gains by Nvidia boosted Wall Street on Monday.

"Today's flavor is a rotation into tech," Jay Hatfield, founder and CEO of Infracap told CNBC Monday.

"We're in this seasonally weak period and people don't know really what to do, so they're kind of alternating between selling tech and selling the rest of the market," he said.

Here's a roundup of the closing quotes for the key indexes:

S&P 500 (^GSPC): The S&P 500 index closed Monday at 5,149.42, marking an increase of 32.33 points or 0.63 percent.

Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average concluded the trading day at 38,790.43, up by 75.66 points or 0.20 percent.

NASDAQ Composite (^IXIC): The NASDAQ Composite index finished at 16,103.45, showing a notable gain of 130.27 points or 0.82 percent.

Monday's Foreign Exchange Market Update Sees Positive Start to Week for U.S. Dollar

On Monday, the world foreign exchange market saw the U.S. dollar firm among major currency pairs, boosted by higher U.S. Treasury yields. Here's a breakdown of the latest FX rates for Monday:

Euro / US dollar (EURUSD): The Euro against the US dollar was last trading at 1.0870, marking a decrease of 0.15 percent or 0.0016 points.

US dollar / Japanese yen (USDJPY): The Japanese yen eased to 149.15, registering a slight decrease of 0.10 percent or 0.15 points.

US dollar / Canadian dollar (USDCAD): The Canadian dollar drifted down to 1.3534, reflecting a decrease of 0.02 percent or 0.0002 points.

British pound / US dollar (GBPUSD): The British pound was quoted at 1.2728, indicating a decline of 0.03 percent or 0.0003 points.

US dollar / Swiss franc (USDCHF): The Swiss franc showed a notable fall, sliding to 0.8882, down by 0.52 percent or 0.0045 points.

Australian dollar / US dollar (AUDUSD): The Australian dollar dropped to 0.6557, marking a decrease of 0.03 percent or 0.0001 points.

New Zealand dollar / US dollar (NZDUSD): The New Zealand dollar afell to 0.6082, experiencing a slight decrease of 0.04 percent or 0.0002 points.

Global Stock Market Wrap-Up for Monday, Major Gains in Japan and China; Significant Falls in South Africa and Egypt

In the ever-volatile world of global finance, Monday saw a mixed bag of results across major stock indices worldwide. Here's a roundup of how the key indices fared:

CANADA

S&P/TSX Composite index (^GSPTSE): Canada's S&P/TSX Composite index experienced a slight decline, closing at 21,837.18, down by 11.97 points or 0.05 percent.

UNITED KINGDOM

FTSE 100 (^FTSE): The London Stock Exchange's benchmark index, the FTSE 100, closed at 7,722.55, experiencing a marginal decline of 4.87 points or 0.06 percent.

EUROPE

DAX PERFORMANCE-INDEX (^GDAXI): Germany's DAX PERFORMANCE-INDEX closed slightly lower at 17,932.68, shedding 3.97 points or 0.02 percent.

CAC 40 (^FCHI): In France, the CAC 40 index concluded the day at 8,148.14, down by 16.21 points or 0.20 percent.

ESTX 50 PR.EUR (^STOXX50E): The ESTX 50 PR.EUR in the Eurozone also experienced a slight dip Monday, closing at 4,982.76, down by 3.26 points or 0.07 percent.

Euronext 100 Index (^N100): Conversely, the Euronext 100 Index saw a modest rise, ending the day at 1,494.49, up by 1.96 points or 0.13 percent.

BEL 20 (^BFX): Belgium's BEL 20 index slipped slightly, finishing at 3,673.19, down by 11.01 points or 0.30 percent.

RUSSIA

MOEX Russia Index (IMOEX.ME): The MOEX Russia Index experienced a minor downturn, closing at 2,222.51, down by 4.14 points or 0.19 percent.

ASIA

Nikkei 225 (^N225): The Nikkei 225 in Japan surged impressively Monday, ending the day at 39,740.44, marking an impressive gain of 1,032.80 points or 2.67 percent.

HANG SENG INDEX (^HSI): Hong Kong's HANG SENG INDEX experienced a modest uptick, finishing at 16,737.12, up by 16.23 points or 0.10 percent.

SSE Composite Index (000001.SS): In China, the SSE Composite Index also ended positively, closing at 3,084.93, up by 30.29 points or 0.99 percent.

Shenzhen Index (399001.SZ): The Shenzhen Index mirrored the positive sentiment, climbing to 9,752.83, up by 140.08 points or 1.46 percent.

STI Index (^STI): Singapore's STI Index closed marginally lower at 3,171.93 on Monday, down by 1.03 points or 0.03 percent.

S&P BSE SENSEX (^BSESN): In India, the S&P BSE SENSEX closed at 72,748.42, up by 104.99 points or 0.14 percent.

NIFTY 50 (^NSEI): India's NIFTY 50 index ended at 22,055.70, up by 32.35 points or 0.15 percent.

IDX COMPOSITE (^JKSE): In Indonesia, the IDX COMPOSITE index ended the day slightly lower at 7,302.45, down by 25.60 points or 0.35 percent.

FTSE Bursa Malaysia KLCI (^KLSE): Malaysia's FTSE Bursa Malaysia KLCI saw a modest increase, closing at 1,553.64, up by 0.81 points or 0.05 percent.

KOSPI Composite Index (^KS11): In South Korea, the KOSPI Composite Index experienced a notable rise Monday, finishing at 2,685.84, up by 19.00 points or 0.71 percent.

TSEC weighted index (^TWII): Taiwan's TSEC weighted index closed at 19,879.85, up by 197.35 points or 1.00 percent.

OCEANIA

S&P/ASX 200 [XJO] (^AXJO): In Australia, the S&P/ASX 200 saw a slight increase, closing at 7,675.80, up by 5.50 points or 0.07 percent.

ALL ORDINARIES [XAO] (^AORD): Australia's ALL ORDINARIES index saw a slight increase, ending at 7,925.20, up by 1.40 points or 0.02 percent.

S&P/NZX 50 INDEX GROSS ( GROSS (^NZ50): In New Zealand, the S&P/NZX 50 INDEX GROSS closed at 11,728.01, down by 38.97 points or 0.33 percent.

AFRICA

Top 40 USD Net TRI Index (^JN0U.JO): South Africa's Top 40 USD Net TRI Index faced a notable decline Monday, finishing at 3,754.66, down by 70.09 points or 1.83 percent.

MIDDLE EAST

TA-125 (^TA125.TA): In Israel, the TA-125 index saw a notable increase, closing at 1,969.92, up by 23.52 points or 1.21 percent.

EGX 30 Price Return Index (^CASE30): Egypt's EGX 30 Price Return Index experienced a significant decline, finishing at 29,091.30, down by 1,970.60 points or 6.34 percent.

With diverse performances across the globe, investors continue to navigate through various economic and geopolitical factors influencing the markets.

Positive start to week for Wall Street, Dow Jones up 76 points

Positive start to week for Wall Street, Dow Jones up 76 points

Lola Evans
19th March 2024, 07:08 GMT+11

NEW YORK, New York - A major rise in Facebook's parent, Alphabet, together with gains by Nvidia boosted Wall Street on Monday.

"Today's flavor is a rotation into tech," Jay Hatfield, founder and CEO of Infracap told CNBC Monday.

"We're in this seasonally weak period and people don't know really what to do, so they're kind of alternating between selling tech and selling the rest of the market," he said.

Here's a roundup of the closing quotes for the key indexes:

S&P 500 (^GSPC): The S&P 500 index closed Monday at 5,149.42, marking an increase of 32.33 points or 0.63 percent.

Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average concluded the trading day at 38,790.43, up by 75.66 points or 0.20 percent.

NASDAQ Composite (^IXIC): The NASDAQ Composite index finished at 16,103.45, showing a notable gain of 130.27 points or 0.82 percent.

Monday's Foreign Exchange Market Update Sees Positive Start to Week for U.S. Dollar

On Monday, the world foreign exchange market saw the U.S. dollar firm among major currency pairs, boosted by higher U.S. Treasury yields. Here's a breakdown of the latest FX rates for Monday:

Euro / US dollar (EURUSD): The Euro against the US dollar was last trading at 1.0870, marking a decrease of 0.15 percent or 0.0016 points.

US dollar / Japanese yen (USDJPY): The Japanese yen eased to 149.15, registering a slight decrease of 0.10 percent or 0.15 points.

US dollar / Canadian dollar (USDCAD): The Canadian dollar drifted down to 1.3534, reflecting a decrease of 0.02 percent or 0.0002 points.

British pound / US dollar (GBPUSD): The British pound was quoted at 1.2728, indicating a decline of 0.03 percent or 0.0003 points.

US dollar / Swiss franc (USDCHF): The Swiss franc showed a notable fall, sliding to 0.8882, down by 0.52 percent or 0.0045 points.

Australian dollar / US dollar (AUDUSD): The Australian dollar dropped to 0.6557, marking a decrease of 0.03 percent or 0.0001 points.

New Zealand dollar / US dollar (NZDUSD): The New Zealand dollar afell to 0.6082, experiencing a slight decrease of 0.04 percent or 0.0002 points.

Global Stock Market Wrap-Up for Monday, Major Gains in Japan and China; Significant Falls in South Africa and Egypt

In the ever-volatile world of global finance, Monday saw a mixed bag of results across major stock indices worldwide. Here's a roundup of how the key indices fared:

CANADA

S&P/TSX Composite index (^GSPTSE): Canada's S&P/TSX Composite index experienced a slight decline, closing at 21,837.18, down by 11.97 points or 0.05 percent.

UNITED KINGDOM

FTSE 100 (^FTSE): The London Stock Exchange's benchmark index, the FTSE 100, closed at 7,722.55, experiencing a marginal decline of 4.87 points or 0.06 percent.

EUROPE

DAX PERFORMANCE-INDEX (^GDAXI): Germany's DAX PERFORMANCE-INDEX closed slightly lower at 17,932.68, shedding 3.97 points or 0.02 percent.

CAC 40 (^FCHI): In France, the CAC 40 index concluded the day at 8,148.14, down by 16.21 points or 0.20 percent.

ESTX 50 PR.EUR (^STOXX50E): The ESTX 50 PR.EUR in the Eurozone also experienced a slight dip Monday, closing at 4,982.76, down by 3.26 points or 0.07 percent.

Euronext 100 Index (^N100): Conversely, the Euronext 100 Index saw a modest rise, ending the day at 1,494.49, up by 1.96 points or 0.13 percent.

BEL 20 (^BFX): Belgium's BEL 20 index slipped slightly, finishing at 3,673.19, down by 11.01 points or 0.30 percent.

RUSSIA

MOEX Russia Index (IMOEX.ME): The MOEX Russia Index experienced a minor downturn, closing at 2,222.51, down by 4.14 points or 0.19 percent.

ASIA

Nikkei 225 (^N225): The Nikkei 225 in Japan surged impressively Monday, ending the day at 39,740.44, marking an impressive gain of 1,032.80 points or 2.67 percent.

HANG SENG INDEX (^HSI): Hong Kong's HANG SENG INDEX experienced a modest uptick, finishing at 16,737.12, up by 16.23 points or 0.10 percent.

SSE Composite Index (000001.SS): In China, the SSE Composite Index also ended positively, closing at 3,084.93, up by 30.29 points or 0.99 percent.

Shenzhen Index (399001.SZ): The Shenzhen Index mirrored the positive sentiment, climbing to 9,752.83, up by 140.08 points or 1.46 percent.

STI Index (^STI): Singapore's STI Index closed marginally lower at 3,171.93 on Monday, down by 1.03 points or 0.03 percent.

S&P BSE SENSEX (^BSESN): In India, the S&P BSE SENSEX closed at 72,748.42, up by 104.99 points or 0.14 percent.

NIFTY 50 (^NSEI): India's NIFTY 50 index ended at 22,055.70, up by 32.35 points or 0.15 percent.

IDX COMPOSITE (^JKSE): In Indonesia, the IDX COMPOSITE index ended the day slightly lower at 7,302.45, down by 25.60 points or 0.35 percent.

FTSE Bursa Malaysia KLCI (^KLSE): Malaysia's FTSE Bursa Malaysia KLCI saw a modest increase, closing at 1,553.64, up by 0.81 points or 0.05 percent.

KOSPI Composite Index (^KS11): In South Korea, the KOSPI Composite Index experienced a notable rise Monday, finishing at 2,685.84, up by 19.00 points or 0.71 percent.

TSEC weighted index (^TWII): Taiwan's TSEC weighted index closed at 19,879.85, up by 197.35 points or 1.00 percent.

OCEANIA

S&P/ASX 200 [XJO] (^AXJO): In Australia, the S&P/ASX 200 saw a slight increase, closing at 7,675.80, up by 5.50 points or 0.07 percent.

ALL ORDINARIES [XAO] (^AORD): Australia's ALL ORDINARIES index saw a slight increase, ending at 7,925.20, up by 1.40 points or 0.02 percent.

S&P/NZX 50 INDEX GROSS ( GROSS (^NZ50): In New Zealand, the S&P/NZX 50 INDEX GROSS closed at 11,728.01, down by 38.97 points or 0.33 percent.

AFRICA

Top 40 USD Net TRI Index (^JN0U.JO): South Africa's Top 40 USD Net TRI Index faced a notable decline Monday, finishing at 3,754.66, down by 70.09 points or 1.83 percent.

MIDDLE EAST

TA-125 (^TA125.TA): In Israel, the TA-125 index saw a notable increase, closing at 1,969.92, up by 23.52 points or 1.21 percent.

EGX 30 Price Return Index (^CASE30): Egypt's EGX 30 Price Return Index experienced a significant decline, finishing at 29,091.30, down by 1,970.60 points or 6.34 percent.

With diverse performances across the globe, investors continue to navigate through various economic and geopolitical factors influencing the markets.