On Monday, July 10, Wall Street ended the session in the green, while the Federal Reserve officials’ comments bolstered the view that it is nearing the end of its current monetary policy tightening cycle.

“We’re likely to need a couple more rate hikes over the course of this year to really bring inflation” back to the U.S. central bank’s 2% goal, said San Francisco Fed President Mary Daly.

The Dow Jones Industrial Average ended Monday’s session 0.62% higher at 33,944.40; the S&P 500 rose 0.24% to 4,409.53, and the Nasdaq Composite closed higher by 0.18% at 13,685.48.

Asian Markets Today

Eurozone at 05:00 AM ET

• The Pan-European STOXX 600 index was up 0.05%. The DAX index in Germany traded 0.08% lower, and the CAC 40 in France rose 0.41%.
• The UK’s FTSE 100 traded lower by 0.40%, reflecting disappointing U.K. unemployment data.

Commodities at 05:10 AM ET

• Crude Oil WTI was trading higher by 0.12% at $73.08/bbl, and Brent Oil was down by 0.03% at $77.69/bbl.
• Natural Gas was trading lower by 0.37% at $2.659.
• Gold was trading higher by 0.57% at $1,941.8 5, Silver rose 0.35% to $23.427, and Copper was up 0.19% at $3.792.

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