In a display of remarkable resilience, U.S. stock markets weathered early declines on Monday, as concerns surrounding the escalating Israeli-Gaza conflict briefly cast a shadow over market sentiment. However, they swiftly rebounded, ultimately closing the trading session in positive territory.
The Dow Jones Industrial Average concluded the day with a gain of 0.5%, closing at 33,604.65 points. Similarly, the S&P 500 index posted a 0.6% increase, reaching 4,335.66 points, while the tech-centric Nasdaq Composite climbed to 13,484.24 points, reflecting a 0.4% gain.
During the morning session, the S&P 500 experienced a momentary setback at 10:50 a.m. ET, briefly dipping from 4,281.91 points to 4,285.73 points, representing a decline of 3.852 points. However, this early loss was swiftly recovered as the trading day progressed, ultimately ending in positive territory. The Nasdaq and Dow Jones also exhibited similar patterns, witnessing initial declines followed by subsequent recoveries.
