NEW YORK, New York – U.S. stock markets racked up more Christmas Season gains on Monday with industrial indices reaching yearly highs, while the Nasdaq Composite traded around a 20-month high.

There was some caution about Tuesday’s CPI number, and the Producer Prices Index (PPI) the following day, as well as the Federal Reserve’s monetary committee meeting which will decide on whether interest rates are to be hiked or maintained at current levels.

“I don’t think there is any reason to react ahead of either of those three events, it’s just in wait-and-see mode. The trend is just going to stay higher,” Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida told Reuters Monday.

“Certainly if the CPI number comes in softer, if it’s weaker than what the expectation is that will be quite bullish because it will just speak to the slowing inflation, Goldilocks kind of landing story.”

Here’s a snapshot of the closing quotes for key indices:

S&P 500 (^GSPC):

• Closing at 4,622.44, the S&P 500 registered a positive movement of 18.07 points, equivalent to a gain of 0.39 percent.

Dow Jones Industrial Average (^DJI):

• The Dow Jones Industrial Average closed at 36,404.93, marking an increase of 157.06 points or 0.43 percent.

NASDAQ Composite (^IXIC):

• The NASDAQ Composite ended the day at 14,432.49, with a rise of 28.51 points, translating to a percent increase of 0.20.

Global Forex Markets Report – Monday’s Exchange Rates Analysis

In the ever-fluctuating world of foreign exchange markets, Monday saw a series of movements across major currency pairs, with traders closely monitoring developments. Here’s a breakdown of the latest quotes:

EURUSD – Euro / US Dollar The Euro to US Dollar exchange rate stood at 1.0763 late Monday. The Euro experienced a marginal increase of 0.04 percent, equivalent to an uptick of 0.0004.

USDJPY – US Dollar / Japanese Yen The US Dollar strengthened against the Japanese Yen, reaching 146.20. This marked an increase of 0.85 percent, reflecting a rise of 1.23.

USDCAD – US Dollar / Canadian Dollar Conversely, the US Dollar faced a slight dip against the Canadian Dollar, settling at 1.3570 Monday. This represented a decrease of 0.04 percent, translating to a decline of 0.0006.

GBPUSD – British Pound / US Dollar The British Pound saw a positive shift against the US Dollar, reaching 1.2557. The percent change amounted to 0.08 percent, reflecting a gain of 0.0010.

USDCHF – US Dollar / Swiss Franc The US Dollar weakened against the Swiss Franc, landing at 0.8786. This decline amounted to 0.07 percent, equivalent to a reduction of 0.0005.

AUDUSD – Australian Dollar / US Dollar The Australian Dollar experienced a modest decrease against the US Dollar, settling at 0.6566 Monday. This represented a downturn of 0.09 percent, equal to a decrease of 0.0006.

NZDUSD – New Zealand Dollar / US Dollar The New Zealand Dollar displayed strength against the US Dollar, reaching 0.6124. This marked a positive movement of 0.14 percent, signifying an increase of 0.0008.

Traders are keeping a close eye on geopolitical developments, economic indicators, and central bank policies, all of which continue to play pivotal roles in influencing these market movements. As the week unfolds, market participants are likely to adjust their positions based on emerging trends and news developments, shaping the trajectory of these currency pairs.

Global Markets Report: Monday Closing Stock Market Quotes

In a day marked by mixed performances across global indices, Monday’s closing stock market quotes revealed a varied landscape for investors. Here’s a snapshot of the key indices and their respective numbers:

CANADA

S&P/TSX Composite index (^GSPTSE): The S&P/TSX Composite index in Canada closed at 20,318.36, marking a decrease of 13.18 points, or 0.06 percent.

UNITED KINGDOM

FTSE 100 (^FTSE): The FTSE 100 in London closed at 7,544.89, experiencing a slight dip of -9.58 points, translating to a decrease of 0.13 percent.

EUROPE

DAX PERFORMANCE-INDEX (^GDAXI): The DAX PERFORMANCE-INDEX In Frankfurt, Germany, closed at 16,794.43, recording a positive movement of +35.21 points, indicating a gain of 0.21 percent.

CAC 40 (^FCHI): The Paris-based CAC 40 ended the day at 7,551.53 Monday, showing an upward trend with a gain of +24.98 points, or 0.33 percent.

ESTX 50 PR.EUR (^STOXX50E): The ESTX 50 PR.EUR closed at 4,540.19, marking a positive movement of +16.88 points, or 0.37 percent.

Euronext 100 Index (^N100): The Euronext 100 Index closed at 1,391.90, showing a gain of +3.74 points, or 0.27 percent.

BEL 20 (^BFX): The BEL 20 in Brussels closed at 3,704.21, with a gain of +9.75 points, or 0.26 percent.

RUSSIA

MOEX Russia Index (IMOEX.ME): The MOEX Russia Index closed at 2,222.51 Monday, experiencing a slight decrease of -4.14 points, equivalent to -0.19 percent.

ASIA

Nikkei 225 (^N225): In Tokyo, the Nikkei 225 saw a substantial increase, closing at 32,791.80, up by +483.94 points, or 1.50 percent.

HANG SENG INDEX (^HSI): The HANG SENG INDEX in Hong Kong closed at 16,201.49, marking a decrease of -132.88 points, equivalent to a decline of 0.81 percent.

SSE Composite Index (000001.SS): In China, the Shanghai Stock Exchange (SSE) Composite Index closed at 2,991.44, experiencing an increase of +21.88 points, or 0.74 percent.

Shenzhen Index (399001.SZ): The Shenzhen Index closed at 9,632.61 Monday, showing a gain of +78.69 points, or 0.82 percent.

STI Index (^STI): Singapore’s STI Index closed at 3,090.20, showing a decrease of -20.53 points, or 0.66 percent.

S&P BSE SENSEX (^BSESN): The S&P BSE SENSEX in India closed at 69,928.53, with a gain of +102.93 points, or 0.15 percent.

NIFTY 50 (^NSEI): Meanwhile, India’s NIFTY 50 closed at 20,997.10, with a gain of +27.70 points, or 0.13 percent.

IDX COMPOSITE (^JKSE): The IDX COMPOSITE in Jakarta closed at 7,088.79 Monday, experiencing a significant decrease of -7,159.60 points, or -50.25 percent.

FTSE Bursa Malaysia KLCI (^KLSE): The FTSE Bursa Malaysia KLCI closed at 1,446.39, showing a gain of +4.42 points, or 0.31 percent.

KOSPI Composite Index (^KS11): In Seoul, the KOSPI Composite Index closed at 2,525.36, with a gain of +7.51 points, or 0.30 percent.

TSEC weighted index (^TWII): The TSEC weighted index in Taiwan closed at 17,418.34, showing an increase of +34.35 points, or 0.20 percent.

OCEANIA

ALL ORDINARIES (^AORD): The Australian ALL ORDINARIES closed at 7,410.20 Monday, up by +4.60 points, or 0.06 percent.

S&P/ASX 200 (^AXJO): The S&P/ASX 200 closed at 7,199.00, up by +4.10 points, or 0.06 percent.

S&P/NZX 50 INDEX GROSS (GROSS) (^NZ50): In New Zealand, the S&P/NZX 50 INDEX GROSS closed at 11,449.47, experiencing a decrease of -46.17 points, or -0.40 percent.

AFRICA

Top 40 USD Net TRI Index (^JN0U.JO): The Top 40 USD Net TRI Index in Johannesburg, South Africa, closed at 3,811.32 Monday, experiencing a decrease of -31.53 points, or 0.82 percent.

MIDDLE EAST

TA-125 (^TA125.TA): Israel’s TA-125 closed at 1,811.77, experiencing a decrease of -19.44 points, or -1.06 percent.

EGX 30 Price Return Index (^CASE30): The EGX 30 Price Return Index in Egypt closed at 24,182.10, showing a minor decrease of -7.70 points, or -0.03 percent.

(Photo credit: Big News Network news agency).