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The Dow closes in new highs despite weakness in Wall Street

The Dow Jones Industrial Average broke a new records on Monday amidst a rally in Wall Street. The index rose by 60.81 points ending the session at 21,891.12 as Goldman Sachs and Home Depot contributed to most of the gains. Boeing also performed well climbing by 0.5 percent after announcing it expected a record number of aircraft orders from India. The announcement came about a week after it posted better-than-expected quarterly earnings.

The S&P 500 closed the market at 0.07 percent lower at 2,470.30 as materials and information technology lagged behind the rest. The NASDAQ composite underperformed, falling by 0.42 percent to end the session at 6,348.12 as major tech stocks pulled back.

Gold ends the session a little lower but still closes the month higher

Gold futures slid in a few pips in the latest market session but closed out a solid July as the dollar headed for its fifth-straight monthly decline. August gold declined by $1.60, 0.1%, to $1,266.60 per ounce.  Later it settled at $1,268.40, which is the highest since June 14.

As to other metals, Copper went higher by 0.7 percent closing at $6,369 per metric ton. This is, in fact, its highest price in close to two years.

Brent crude added 0.27 percent to its value, closing at $52.86 per barrel. West Texas Intermediate climbed by 0.3 percent, ending the trading session at $50.33 per barrel.

Copper climbed 0.7 percent to $6,369 per metric ton, reaching its highest price in more than two years.

* The details mentioned above have been partially adopted from third party sources, including websites, and are displayed “AS-IS” Readers should take into account that all the data that appear in this review can change based on the dynamic of global markets. The information provided by the review ought not to be considered as advice or financial guidance nor can it relate to any investor’s personal requirements or investment goals. In addition, the data should not be conceived as any kind of recommendation to trade and / or carry out a transaction and / or deposit funds.