US stocks close lower

US indices closed the first session of 2025 in green amid volatile trading and selling pressures on the tech companies.

The Dow Jones Industrial Average dropped 0.35%, or 151 points, to settle at 42,392 points.

The S&P 500 index fell 0.2%, or 13 points, to 5,868 points, and Nasdaq Composite lost 0.15%, or 30 points, to close at 19,280 points.

As for European markets, the STOXX Europe 600 inched up 0.6% to 510.6 points.

The British FTSE index rose 1% to 8,260 points, and the German DAX index was up 0.6% to 20,024 points. The French CAC 40 index added 0.2% to 7,393 points.

Japan's stock market closed for a public holiday from Tuesday until the end of the week, to mark the New Year.

Brent crude futures for March delivery leapt 1.75%, or $1.29, to $75.93 per barrel. The US West Texas Intermediate (WTI) crude futures for February delivery also increased 2%, or $1.41, to $73.13 per barrel.

Regarding gold, futures prices for February delivery were up 1%, or $28, to $2,669 per ounce, the highest level since Dec. 17.