Dow Jones closes higher for first time in 6 sessions

US stock indices closed higher in the first session of the week, anticipating key economic data releases on the labor market and inflation. Investors embraced risk appetite amid easing tensions in the Middle East.

The Dow Jones Industrial Average rose 0.65%, or 273 points, to close at 42,387 points, the first rise since Oct. 18.

The S&P 500 jumped 0.25%, or 15 points, to 5,823, while the Nasdaq Composite added nearly the same percentage, or 48 points, to end the day at 18,567 points.

As for the European indices, STOXX Europe 600 gained 0.4%, to 520.9 points, limited by the drop in energy and automotive sectors.

Meanwhile, the French CAC 40 rose by 0.8% to 8,285 points, while the British FTSE inched up 0.45% to 8,285 points. The German DAX gained 0.35%, to close at 19,531 points.

In Japan, the Nikkei 225 added 1.8%, or 691 points, to 38,605 points. Similarly, the broader TOPIX edged up by 1.5%, to 2,657 points.

Brent crude futures for December delivery plunged by 6.1%, or $4.63, to $71.42 per barrel.

Meanwhile, US West Texas Intermediate (WTI) crude for December delivery lost 6.15%, or $4.4, to $67.38 a barrel.

In the gold market, December futures prices remained stable at $2755.9 per ounce.