U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.47%

Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC rose 1.32% to hit a new all time high.

The best performers of the session on the S&P/BMV IPC were Industrias Penoles Sab De CV (BMV:PEOLES), which rose 7.20% or 62.63 points to trade at 932.62 at the close. Meanwhile, Grupo Televisa SAB Unit (BMV:TLEVISACPO) added 4.33% or 0.45 points to end at 10.84 and Grupo Mexico, S.A.B. De C.V. (BMV:GMEXICOB) was up 3.87% or 6.37 points to 171.00 in late trade.

The worst performers of the session were Genomma Lab Internacional SAB De CV (BMV:LABB), which fell 2.91% or 0.53 points to trade at 17.71 at the close. Bolsa Mexicana De Valores SAB De CV (BMV:BOLSAA) declined 2.80% or 1.12 points to end at 38.94 and Coca-Cola Femsa SAB de CV (BMV:KOFUBL) was down 2.14% or 3.71 points to 170.02.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 129 to 92 and 17 ended unchanged.

Shares in Industrias Penoles Sab De CV (BMV:PEOLES) rose to all time highs; rising 7.20% or 62.63 to 932.62.

Gold Futures for February delivery was up 2.21% or 96.90 to $4,484.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.57% or 1.45 to hit $57.97 a barrel, while the February Brent oil contract rose 2.60% or 1.57 to trade at $62.04 a barrel.

USD/MXN was down 0.25% to 17.97, while EUR/MXN rose 0.20% to 21.14.

The US Dollar Index Futures was down 0.30% at 97.96.

Investing.com – Canada stocks were higher after the close on Monday, as gains in the Materials, Energy and Industrials sectors led shares higher.

At the close in Toronto, the S&P/TSX Composite added 0.77% to hit a new all time high.

The best performers of the session on the S&P/TSX Composite were Discovery Silver Corp (TSX:DSV), which rose 7.98% or 0.67 points to trade at 9.07 at the close. Meanwhile, Vizsla Silver Corp (TSX:VZLA) added 7.71% or 0.57 points to end at 7.96 and Bitfarms Ltd (TSX:BITF) was up 6.30% or 0.22 points to 3.71 in late trade.

The worst performers of the session were Curaleaf Holdings Inc (TSX:CURA), which fell 7.49% or 0.31 points to trade at 3.83 at the close. Magna International Inc (TSX:MG) declined 2.03% or 1.55 points to end at 74.67 and Constellation Software Inc. (TSX:CSU) was down 1.99% or 67.26 points to 3,307.82.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 622 to 328 and 78 ended unchanged.

Shares in Vizsla Silver Corp (TSX:VZLA) rose to all time highs; up 7.71% or 0.57 to 7.96.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was down 11.09% to 10.90 a new 1-month low.

Gold Futures for February delivery was up 2.18% or 95.70 to $4,483.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.55% or 1.44 to hit $57.96 a barrel, while the February Brent oil contract rose 2.58% or 1.56 to trade at $62.03 a barrel.

CAD/USD was unchanged 0.41% to 0.73, while CAD/EUR unchanged 0.02% to 0.62.

The US Dollar Index Futures was down 0.30% at 97.96.

Investing.com -- Parsons Corporation (NYSE:PSN) stock jumped 9.4% on Monday after the defense technology provider announced it secured a position on the Missile Defense Agency’s (MDA) $151 billion SHIELD contract.

The indefinite-delivery/indefinite-quantity (IDIQ) contract, known as Scalable Homeland Innovative Enterprise Layered Defense (SHIELD), will enable Parsons to deliver a range of capabilities to military personnel. The agreement is designed to provide innovative defense technologies with increased speed and agility.

This major contract win represents a significant opportunity for Parsons, which specializes in disruptive technologies for national security and global infrastructure markets. The company’s expertise spans cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection.

The substantial market reaction reflects investor confidence in Parsons’ ability to capitalize on this large-scale defense contract, which could provide steady revenue opportunities over its duration. Defense contractors with positions on major IDIQ contracts can compete for individual task orders within the overall contract ceiling.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com – Colombia stocks were higher after the close on Monday, as gains in the Industrials, Services and Agriculture sectors led shares higher.

At the close in Colombia, the COLCAP added 0.37%.

The best performers of the session on the COLCAP were Promigas (BVC:PMG), which rose 3.31% or 210.00 points to trade at 6,550.00 at the close. Meanwhile, Bolsa De Valores De Colombia (BVC:BVC) added 2.56% or 360.00 points to end at 14,400.00 and Cementos Argos SA (BVC:CCB) was up 2.43% or 260.00 points to 10,960.00 in late trade.

The worst performers of the session were Grupo Argos SA (BVC:ARG), which fell 2.68% or 440.00 points to trade at 16,000.00 at the close. Corporacion Financiera Colombiana (BVC:CFV_p) declined 2.16% or 380.00 points to end at 17,180.00 and Grupo Energia Bogota SA ESP (BVC:GEB) was down 2.04% or 60.00 points to 2,880.00.

Rising stocks outnumbered declining ones on the Colombia Stock Exchange by 1 to 0.

Shares in Grupo Argos SA (BVC:ARG) fell to 52-week lows; down 2.68% or 440.00 to 16,000.00.

US coffee C for March delivery was up 2.22% or 7.55 to $348.20 . Elsewhere in commodities trading, US cocoa for delivery in March rose 0.60% or 35.00 to hit $5,880.00 , while the February Gold Futures contract rose 2.08% or 91.40 to trade at $4,478.70 a troy ounce.

USD/COP was up 0.02% to 3,805.61, while BRL/COP fell 0.83% to 680.73.

The US Dollar Index Futures was down 0.31% at 97.95.

Investing.com – Russia stocks were lower after the close on Monday, as losses in the Oil & Gas, Power and Telecoms sectors led shares lower.

At the close in Moscow, the MOEX Russia Index declined 0.99%.

The best performers of the session on the MOEX Russia Index were MMC NORILSK NICKEL PJSC (MCX:GMKN), which rose 0.86% or 1.20 points to trade at 143.40 at the close. Meanwhile, GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) unchanged 0.00% or 0.00 points to end at 1,083.80 and Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) was down 0.18% or 0.01 points to 6.76 in late trade.

The worst performers of the session were NOVATEK PJSC (MCX:NVTK), which fell 4.18% or 50.40 points to trade at 1,154.60 at the close. AFK Sistema PJSC (MCX:AFKS) declined 4.10% or 0.56 points to end at 13.19 and Aeroflot PJSC (MCX:AFLT) was down 3.13% or 1.87 points to 57.89.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 197 to 45 and 9 ended unchanged.

Shares in GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 1,083.80.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 1.08% to 30.99.

Gold Futures for February delivery was up 2.09% or 91.70 to $4,479.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.42% or 1.37 to hit $57.89 a barrel, while the February Brent oil contract rose 2.46% or 1.49 to trade at $61.96 a barrel.

USD/RUB was down 2.11% to 78.80, while EUR/RUB fell 1.71% to 92.63.

The US Dollar Index Futures was down 0.30% at 97.96.

Investing.com-- The S&P 500 closed higher Monday, adding to recent gains as markets look to make a strong end to the year, even as trading volumes thin in the holiday-shortened week.

At 4 p.m. ET, the S&P500 rose 0.5%, the Nasdaq 100 added 0.6%, Dow Jones Industrial Average jumped about 0.5%, or 227 points.

Trading conditions are expected to be subdued in the days ahead as U.S. markets move into a holiday-shortened schedule. Wall Street will close early on Wednesday and remain shut on Thursday for Christmas Day, a factor that typically dampens volumes and can exaggerate price swings.

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Wall Street banks continue rally to push financials higher; AI trade continues recovery

Big bank stocks, which recently hit record highs, extended their bullish run, with Citigroup Inc (NYSE:C) jumping more than 3% to a fresh 52-week high, underpinned by optimism that the ongoing strength in deal making and trading is set to continue just as the Trump administration signals plans to cut financial services regulation.  

Blackstone Inc (NYSE:BX), Charles Schwab Corp (NYSE:SCHW), and BlackRock Inc (NYSE:BLK) were also among the biggest gainers, pushing the broader financial sector up more than 1%.

As well as AI stocks also helped the broader market, with NVIDIA Corporation (NASDAQ:NVDA), Oracle Corporation (NYSE:ORCL), and Broadcom Inc (NASDAQ:AVGO) in the ascendency following their recent wobble. 

Fed leadership clues eyed

Investors were also watching developments around the Fed’s leadership transition for fresh clues on the policy outlook.

With current Fed Chair Jerome Powell’s term set to end in May and President Donald Trump conducting interviews with several finalists, markets are parsing comments on interest rates and monetary strategy.

(Ayushman Ojha contributed to this article.)