New york: The three major U.S. stock indexes concluded the trading session on a positive note on Monday, with significant gains registered across the board. Meanwhile, U.S. crude oil prices experienced a notable decline, falling by more than $3 per barrel. West Texas Intermediate (WTI) crude oil settled at $81.42 per barrel, reflecting the downward trend in oil prices.
According to Jordan News Agency, the Dow Jones Industrial Average surged by 468 points, marking a 0.92 percent increase, to close at 51,671. The Nasdaq Composite also showed a remarkable advancement, climbing 795 points, or 3.07 percent, to settle at 26,683. Additionally, the S and P 500 recorded an approximate gain of 122 points, or 1.65 percent, ending the day at 7,554.
The trading session highlighted a strong performance in the stock market, demonstrating investor confidence and market resilience. The decline in crude oil prices, however, suggests a shift in energy market dynamics, with potential implications for related sectors.