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U.S. stocks traded mostly higher this morning, with the Dow Jones gaining more than 100 points on Monday.
Following the market opening Monday, the Dow traded up 0.42% to 33,875.03 while the NASDAQ fell 0.12% to 13,643.68. The S&P 500, also rose, gaining, 0.05% to 4,401.19.
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Helen Of Troy Ltd (NASDAQ:HELE) reported better-than-expected results for its first quarter.
The company reported a first-quarter FY24 sales decline of 6.6% year-on-year to $474.67 million, beating the analyst consensus of $465.36 million. Adjusted EPS of $1.94 beat the analyst consensus of $1.60.
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In commodity news, oil traded down 0.7% to $73.35 while gold traded down 0.3% at $1,927.20.
Silver traded down 0.2% to $23.24 on Monday while copper fell 0.9% to $3.7495.
European shares were higher today. The eurozone’s STOXX 600 rose 0.4%, London’s FTSE 100 rose 0.5% while Spain’s IBEX 35 Index gained 0.4% The German DAX gained 0.7% French CAC 40 climbed 0.8% and Italy’s FTSE MIB Index gained 0.8%.
The BNP Paribas Real Estate Construction PMI for Ireland rose to 50.4 in June from 49.4 in the prior month, recording the first growth in construction activity since Sept. 2022.
Asian markets closed mostly higher on Monday, with Japan’s Nikkei 225 dropping 0.61%, Hong Kong’s Hang Seng Index gaining 0.62%, China’s Shanghai Composite Index gaining 0.22%. India’s S&P BSE Sensex rose 0.1%.
The gauge for service sector sentiment in Japan dropped 1.4 points from the previous month to 53.6 in June, while Japan's current account surplus widened to JPY 1,862.4 billion in May compared to JPY 773..4 billion in the same year-ago period.
Chinese consumer prices came in flat for June 2023, following May's reading of a 0.2% increase, while producer prices declined 5.4% year-over-year in June. Vehicle sales in China rose 0.14% year-over-year to 2.51 million units in June.
Wholesale inventories in the U.S. came in unchanged month-over-month in May versus earlier estimates of a 0.1% decline.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 107,356,620 cases with around 1,168,500 deaths. India confirmed a total of at least 44,994,570 cases and 531,910 deaths, while France reported over 40,138,560 COVID-19 cases with 167,640 deaths. In total, there were at least 691,235,020 cases of COVID-19 worldwide with more than 6,898,480 deaths.