NEW YORK, New York – U.S. stocks nervously nudged higher Monday as lawmakers continued to discuss lifting the debt ceiling.
“It’s kind of a waiting game,” Globalt Investments’ Keith Buchanan told CNBC Monday. “Each day that goes by, and each postponement, each day there’s not a development I think it will grow more and more difficult for the markets to really get any traction.”
The Nasdaq Composite did best, rising 80.47 points or 0.66 percent to close Monday at 12,365.21.
The Standard and Poor’s 500 increased 12.20 points or 0.30 percent t to 4,136.28.
The Dow Jones industrials added 47.98 points or 0.14 percent to 33,348.60.
The NYSE COMPOSITE (DJ) (^NYA) closed at 15,311.42, gaining 65.06 points or 0.43 percent.
The NYSE AMEX COMPOSITE INDEX (^XAX) closed at 4,007.68, showing an increase of 44.05 points or 1.11 percent.
The Russell 2000 (^RUT) in the United States closed Monday at 1,761.35, gaining 20.50 points or 1.18 percent.
The CBOE Volatility Index (^VIX) closed at 17.22, showing a slight increase of 0.19 points or 1.12 percent.
Profit-takes moved on the U.S. dollar Monday, clipping some of its recent gains. The euro firmed 0.24 percent to 1.0875 in late U.S. trading Monday.
The Japanese yen edged up to 1.34766, a gain of 0.66 percent.
The Canadian dollar increased 0.68 percent to 1.3466.
The British pound was in demand at 1.2531, up 0.68 percent.
The Swiss franc drifted up by 0.35 percent to 0.8950.
The Australian dollar was sharply higher, adding 0.94 percent to 0.6701.
The New Zealand dollar followed suit, jumping 0.79 percent to 0.6237.
On international equity markets, in London, the FTSE 100 closed at 7,777.70, marking a slight increase of 23.08 points or 0.30 percent.
In Europe, the ESTX 50 PR.EUR (^STOXX50E) closed at 4,316.41, experiencing a small decrease of 1.47 points or 0.03 percent. The Euronext 100 Index (^N100) closed at 1,369.54, gaining 2.69 points or 0.20 percent. Additionally, the BEL 20 (^BFX) closed at 3,750.08, rising by 9.01 points or 0.24 percent.
Germany’s DAX PERFORMANCE-INDEX, represented by the ^GDAXI symbol, ended the day at 15,917.24, gaining 3.42 points or 0.02 percent.
In France, the CAC 40, denoted by ^FCHI, reached a closing value of 7,418.21 Monday, up 3.36 points or 0.05 percent.
In Russia, the MOEX Russia Index (IMOEX.ME) closed at 2,222.51, marking a decrease of 4.14 points or 0.19 percent.
Moving to Asia, the Nikkei 225 (^N225) in Japan had a positive day, closing at 29,626.34. It experienced a notable gain of 238.04 points or 0.81 percent.
In Hong Kong, the HANG SENG INDEX (^HSI) had a significant surge, closing at 19,971.13. It gained 343.89 points or 1.75 percent.
In China, the SSE Composite Index (^000001.SS) closed at 3,310.74, showing a gain of 38.38 points or 1.17 percent. The Shenzhen Index (^399001.SZ) also performed well, closing at 11,178.62, up 172.98 points or 1.57 percent.
Singapore’s STI Index (^STI) closed at 3,214.72, gaining 6.17 points or 0.19 percent.
India’s S&P BSE SENSEX (^BSESN) closed at 62,345.71, gaining 317.81 points or 0.51 percent. Also in India, the NIFTY 50 (^NSEI) closed at 18,398.85, gaining 84.05 points or 0.46 percent.
Meanwhile, the IDX COMPOSITE (^JKSE) in Indonesia closed at 6,711.74, rising by 3.98 points or 0.06 percent.
In Malaysia, the FTSE Bursa Malaysia KLCI (^KLSE) closed at 1,417.37, experiencing a decrease of 5.55 points or 0.39 percent.
New Zealand’s S&P/NZX 50 INDEX GROSS (^NZ50) closed at 11,937.60, showing a slight decrease of 1.24 points or 0.01 percent.
South Korea’s KOSPI Composite Index (^KS11) closed at 2,479.35, gaining 3.93 points or 0.16 percent.
Taiwan’s TSEC weighted index (^TWII) closed at 15,475.05, marking a decrease of 27.31 points or 0.18 percent.
Australia’s the ALL ORDINARIES (^AORD) closed at 7,460.50, showing a slight increase of 7.30 points or 0.10 percent, while the S&P/ASX 200 (^AXJO) closed at 7,267.10, rising by 10.40 points or 0.14 percent.
In Brazil, the IBOVESPA (^BVSP) closed at 109,074.46, rising by 610.62 points or 0.56 percent. Meanwhile, in Mexico,
In Canada, the S&P/TSX Composite index (^GSPTSE) closed at 20,539.97, gaining 120.35 points or 0.59 percent.
In South Africa, the Top 40 USD Net TRI Index (^JN0U.JO) closed at 4,115.11, showing a significant increase of 59.32 points or 1.46 percent.
The IPC MEXICO (^MXX) closed at 55,257.57, gaining 309.23 points or 0.56 percent.
The S&P/CLX IPSA (^IPSA) in Chile closed at 5,058.88, remaining unchanged with a 0.00 percent change.
Israel’s TA-125 (^TA125.TA) closed at 1,809.51, rising by 6.15 points or 0.34 percent.
Egypt’s EGX 30 Price Return Index (^CASE30) closed at 17,135.50, experiencing a decrease of 233.60 points or 1.34 percent.