U.S, stock markets kick off new week with modest losses

NEW YORK, New York - U.S. stocks closed marginally lower as traders returned to their desks Monday following the Thanksgiving weekend.

"A consumer slowdown would probably be a catalyst for the market because it would help substantiate the the basis for the rally," Quincy Krosby, chief global strategist at LPL Financial told CNBC Monday. "This market has been a beneficiary of a strong underpinning, a strong a confidence in that the Fed is finished, not only with its rate-hiking campaign, but that it will begin rate cuts in 2024."

S&P 500 (^GSPC): The S&P 500 closed at 4,552.50, experiencing a slight dip of 6.84 points, or -0.15 percent. Trading activity was robust, with a total volume of 1.19 billion shares.

Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average concluded the day at 35,323.46, down by 66.69 points, or -0.19 percent. Market participants traded actively, with a total volume of 146.668 million shares.

NASDAQ Composite (^IXIC): The NASDAQ Composite displayed resilience, closing at 14,258.79. The index recorded a modest increase of 7.93 points, or +0.06 percent. Market activity on the NASDAQ was substantial, with a total volume of 2.777 billion shares.

Monday's market movements were influenced by a combination of economic data, corporate earnings reports, and global geopolitical developments. Investors navigated uncertainties with cautious optimism, leading to diverse outcomes across key indices. As market participants analyze these shifts, attention will likely turn to emerging trends that may shape the trajectory of financial markets in the coming days.

Global Forex Market Update: Currencies in Flux during Monday's Trading

In the world foreign exchange markets, Monday brought a series of fluctuations as major currency pairs experienced diverse movements. Here's a summary of the latest forex market quotes for Monday:

Euro / US Dollar (EURUSD): The euro gained ground against the U.S. Dollar, with the EURUSD pair settling at 1.0955, reflecting an increase of 0.21 percent or 0.0022.

US Dollar / Japanese Yen (USDJPY): The Japanese Yen firmed 0.57 percent or+0.84.

US Dollar / Canadian Dollar (USDCAD): The Canadian dollar inched up to 1.3623, reflecting a marginal increase of 0.01 percent or +0.0001.

British Pound / US Dollar (GBPUSD): The British pound strengthened against the U.S. dollar, with the GBPUSD pair increasing to 1.2632, indicating a rise of 0.30 percent or 0.0038.

US Dollar / Swiss Franc (USDCHF): The Swiss franc, rose to 0.8802 Monday, reflecting an increase of 0.11 percent or +0.0009.

Australian Dollar / US Dollar (AUDUSD): The Australian dollar appreciated against the U.S. dollar, as the AUDUSD pair jumped to 0.6609, indicating an increase of 0.46 percent or 0.0030.

New Zealand Dollar / US Dollar (NZDUSD): The New Zealand dollar also gained ground against the greenback, with the NZDUSD pair reaching 0.6105, reflecting an increase of 0.46 percent or 0.0027.

Global Stock Markets Experience Mixed Movements on Monday

In a day of varied market performance, major stock indices witnessed diverse movements on Monday, with some experiencing minor losses and others inching into positive territory. Here's a snapshot of the closing stock market quotes for Monday:

S&P/TSX Composite Index (^GSPTSE): In Canada, the S&P/TSX Composite index closed at 20,068.02, down by 35.09 points, or -0.17 percent. Trading volume on the Toronto Stock Exchange reached 89.087 million shares.

UNITED KINGDOM

FTSE 100 (^FTSE): The FTSE 100 closed at 7,460.70, reflecting a decrease of 27.50 points, or -0.37 percent.

(^GDAXI): The German DAX ended the day at 15,966.37, down by 63.12 points, or -0.39 percent.

CAC 40 (^FCHI): The CAC 40 in France saw a decrease of 27.31 points, settling at 7,265.49, a change of -0.37 percent.

ESTX 50 PR.EUR (^STOXX50E): The ESTX 50 PR.EUR closed at 4,354.41 Monday, down by 17.69 points, or -0.40 percent.

Euronext 100 Index (^N100): The Euronext 100 Index closed at 1,352.90, reflecting a decrease of 5.33 points, or -0.39 percent.

BEL 20 (^BFX): The BEL 20 in Belgium closed at 3,560.24, down by 17.41 points, or -0.49 percent.

MOEX Russia Index (IMOEX.ME): The MOEX Russia Index closed at 2,222.51, experiencing a decrease of 4.14 points, or -0.19 percent.

Nikkei 225 (^N225): Japan's Nikkei 225 closed at 33,447.67 Monday, experiencing a decline of 177.86 points, or -0.53 percent.

HANG SENG INDEX (^HSI): The Hang Seng Index closed at 17,525.06, reflecting a decrease of 34.36 points, or -0.20 percent.

SSE Composite Index (000001.SS): China's SSE Composite Index closed at 3,031.70, down by 9.27 points, or -0.30 percent.

Shenzhen Index (399001.SZ): The Shenzhen Index in China recorded a decline of 53.96 points, closing at 9,785.57, a change of -0.55 percent.

STI Index (^STI): Singapore's STI Index closed at 3,086.42, down by 8.39 points, or -0.27 percent.

S&P BSE SENSEX (^BSESN): India's S&P BSE SENSEX closed at 65,970.04 Monday, down by 47.76 points, or -0.07 percent.

NIFTY 50 (^NSEI): India's NIFTY 50 closed at 19,794.70, down by 7.30 points, or -0.04 percent.

IDX COMPOSITE (^JKSE): Indonesia's IDX COMPOSITE closed at 7,013.41, reflecting an increase of 3.77 points, or +0.05 percent.

FTSE Bursa Malaysia KLCI (^KLSE): The FTSE Bursa Malaysia KLCI closed at 1,448.15, down by 5.77 points, or -0.40 percent.

KOSPI Composite Index (^KS11): South Korea's KOSPI Composite Index closed at 2,495.66, down by 0.97 points, or -0.04 percent.

TSEC weighted index (^TWII): Taiwan's TSEC weighted index closed at 17,137.42 Monday, down by 150.00 points, or -0.87 percent.

S&P/ASX 200 (^AXJO): Australia's S&P/ASX 200 closed at 6,987.60, experiencing a decrease of 53.20 points, or -0.76 percent.

ALL ORDINARIES (^AORD): The ALL ORDINARIES in Australia closed at 7,192.80, reflecting a decrease of 51.30 points, or -0.71 percent.

S&P/NZX 50 INDEX GROSS (^NZ50): New Zealand's S&P/NZX 50 INDEX GROSS closed at 11,155.79 Monday, reflecting a decrease of 55.43 points, or -0.49 percent.

Top 40 USD Net TRI Index (^JN0U.JO): The Top 40 USD Net TRI Index closed at 3,983.18, reflecting an increase of 9.81 points, or +0.25 percent.

MIDDLE EAST

TA-125 (^TA125.TA): Israel's TA-125 closed at 1,800.22, reflecting a decrease of 17.19 points, or -0.95 percent.

EGX 30 Price Return Index (^CASE30): Egypt's EGX 30 Price Return Index closed at 25,905.50 Monday, reflecting an increase of 605.20 points, or +2.39 percent.