US Stocks Overcome Early Decline Amid Israeli-Gaza Tensions to Close Higher
Resilience in US Markets
US markets demonstrated resilience on Monday, bouncing back from early concerns over the escalating Israeli-Gaza conflict to close in the green. Despite initial decline, the Dow closed up 0.5% at 33,604.65, the S&P 500 rose by 0.6% reaching 4,335.66, and the tech-heavy Nasdaq gained 0.4% to reach 13,484.24. The S&P initially fell from 4281.91 to 4285.73, a loss of 3.852 points, but made a full recovery by the end of the day. The other two indices followed a similar pattern of temporary decline followed by recovery.
Positive Market Indicators
The one-day chart for the S&P 500, sourced from MSN Money, reveals a positive trend in the market. Additionally, the one-day gold chart from October 9, 2023, obtained from GoldPrice and TradingView, provides further insights into market movements.
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