Wall Street’s Blue-Chip Index Nears Historic Peak Amid Sector Shifts

The Dow Jones Industrial Average demonstrated remarkable resilience in Monday’s trading session, advancing steadily toward its all-time high. Following a weak start to the week, the index posted moderate gains, finishing just 0.14% below the record close established on September 22. Technology shares powered the market’s recovery, while declining crude prices weighed heavily on energy sector components.

Dramatic movements unfolded across commodity markets as equity indices continued their upward trajectory. Gold prices surged to a fresh record of $3,831.27 per ounce, signaling increased demand for safe-haven assets. Simultaneously, oil prices plummeted 3.45% to $63.45 per barrel, pressured by OPEC+ production plans and the resumption of exports from northern Iraq.

Sector Performance Reveals Rotation Pattern

Market activity highlighted a distinct sector... Read more...