Economy

Dow closes at new record, US stocks finish Monday higher

Blue-chip index climbs to fresh all-time high of 40,351.10 points during session

Ovunc Kutlu  | 15.07.2024 - Update : 15.07.2024
Dow closes at new record, US stocks finish Monday higher

ISTANBUL

The Dow Jones industrial average closed at a new record-high level on Monday, while US stocks finished the day on a higher note.

The blue-chip index, which includes 30 prominent American companies, rose 210 points, or 0.53%, to end the session at 40,211. It climbed to a fresh all-time high of 40,351.10 points during the day.

The S&P 500, meanwhile, added almost 16 points, or 0.28%, to close at 5,631 and the Nasdaq gained 74 points, or 0.4%, to 18,472.

The VIX volatility index, also known as the fear index, rose 5.4% to 13.13. The 10-year US Treasury yield added 1% to 4.227%.

The dollar index increased 0.12% to 104.22, while the euro decreased 0.08% to $1.0897 against the greenback.

Precious metals were mixed, with gold adding 0.24% to $2,422 per ounce but silver decreasing 0.3% to $30.70.

Oil prices were down around 0.2%, with global benchmark Brent crude at $84.85 and US benchmark West Texas Intermediate at $80.84.

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