U.S. stocks closed higher on Monday. Oil eased a bit after last week's big jump from Middle East news. The S&P 500 rose 0.8% to 6,558.52. The Dow Jones Industrial Average gained 0.6% to 45,850.91. The Nasdaq Composite climbed 1.1% to 21,885.94. The Russell 2000 added 0.9% to 2,460.42. Markets bounced as oil supply worries cooled a little.
Equity Markets
Tech stocks led the way up as energy pressure eased. Most sectors finished positively. The S&P 500 moved back toward recent highs. This points to buyers stepping in after the sharp drop. Small-cap stocks joined the rally, hinting at better market balance.
Fixed Income
Bond yields held steady. The 10-year Treasury yield closed at 4.39%. Steady yields gave support as traders weighed oil moves and job data.
Currency Markets
The U.S. dollar eased a touch. The dollar index ended at 99.50, down 0.15%. A slightly softer dollar can help exporters.
Commodities
Oil prices pulled back from recent peaks. WTI crude oil settled near $97 per barrel. Brent crude traded around $106. Gold rose to about $4,600 per ounce on some safe-haven interest.
Macro Backdrop
Jobless claims stayed low at 205,000 for the prior week. This keeps the labor market in focus as strong. The Fed's rate stays at 3.5%–3.75%. Geopolitical risks from the Middle East linger and could sway energy and inflation views.
Entering Today's Open
Key reference levels:
S&P 500: 6,558.52
Dow Jones Industrial Average: 45,850.91
Nasdaq Composite: 21,885.94
10-Year Treasury Yield: 4.39%
U.S. Dollar Index: 99.50
WTI Crude: $97
Initial Jobless Claims: 205,000
Markets open today after Monday's gain. Oil has eased from highs but stays elevated. Traders eye any new updates on world events, yields, and energy for the next move.
