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Wall Street closes higher; DJIA and S&P post 7-day win streak

The US stocks market closed Monday with gains after recovering initial losses on the back of concerns above weakness in China and Europe. The Dow closed at record high for 5th straight day.

The Dow Jones advanced 50.22 points or 0.35% to close at 14,447.29. The S&P 500 added 5.04 points or 0.32% to finish at 1,556.22 and the Nasdaq Composite gained 8.50 points oe 0.26% to end the day at 3,252.87.

Forex: EUR/JPY climbs above 125.50

The shared currency strengthened during the American session and advanced to fresh daily highs against the dollar and the yen on better risk appetite.
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Forex: EUR/USD trades above 1.3050

The Euro is trading higher today against the USD and after rising around 30 pips from 1.3025 in the latest hour, the EUR/USD has touched levels above the 1.3050 area. Currently the pair is trading at 1.3050, 0.43% above opening price.
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