Daily Summary: Better setiment returns to the market, the dollar declines 📣

The first trading session of the new week in European markets was positive. Although most local benchmarks were down at the start of trading, the session's end showed a slowdown in earlier movements, with many indices showing moderate gains.

Investor sentiment in the broader market today was primarily focused on the yields of 10-year US Treasury bonds, which broke the 5% barrier not seen since 2007.

Wall Street itself is doing well. Movements in the debt market have been somewhat limited, and the nearly 2.5% drop in oil prices may be a factor favoring the purchase of American stocks.

Currently, the Nasdaq index is up 0.96%, and the S&P500 is up over 0.55%. The German DAX ended today's session 0.02% higher, and the European Euro Stoxx 50 over 0.41% higher.

The better mood in the stock market was also supported by a weakening dollar, which began to lose noticeably in the second half of the day. The euro remains strong ahead of the ECB's decision on Thursday. EURUSD is up even 0.80%.

Chevron announced that it has entered into a definitive agreement with Hess Corporation to purchase all of the company's outstanding shares in an all-stock transaction valued at $53 billion. This values Hess shares at $171 per share based on Chevron's last closing price.

The cryptocurrency market continues its strong growth driven by investors' increasing hopes for the acceptance of ETF applications by the SEC. Bitcoin is up 4.0% and is trading in the key resistance area of $31,000. Chainlink is also making significant gains.