Gold Moves Lower, Rumble Shares Jump

U.S. stocks traded mixed toward the end of trading, with the S&P 500 gaining around 0.5% on Monday.

The Dow traded down 0.06% to 42,815.78 while the NASDAQ climbed 0.90% to 19,748.00. The S&P 500 also rose, gaining, 0.54% to 5,962.84.

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Leading and Lagging Sectors

Communication services shares jumped by 0.9% on Monday.

In trading on Friday, consumer staples shares fell by 1.2%.

Top Headline

U.S. building permits gained by 5.2% to an annualized rate of 1.493 million in November compared to initial estimates of 1.505 million.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded down 0.1% to $69.37 while gold traded down 0.7% at $2,626.90.

Silver traded up 0.9% to $30.235 on Monday, while copper fell 0.4% to $4.0835.

Euro zone

European shares were mixed today. The eurozone's STOXX 600 gained 0.14%, Germany's DAX fell 0.18% and France's CAC 40 fell 0.03%. Spain's IBEX 35 Index fell 0.28%, while London's FTSE 100 rose 0.22%.

Asia Pacific Markets

Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 1.19%, Hong Kong's Hang Seng Index gaining 0.82%, China's Shanghai Composite Index declining 0.50% and India's BSE Sensex gaining 0.64%.

Economics

  • The Chicago Fed National Activity Index rose to -0.12 in November compared to a revised reading of -0.5 in October.
  • U.S. durable goods orders fell 1.1% month-over-month to $285.1 billion in November compared to a revised 0.8% gain in October and versus market estimates of a 0.4% decline.
  • U.S. building permits gained by 5.2% to an annualized rate of 1.493 million in November compared to initial estimates of 1.505 million.

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