US stocks fell on Monday ahead of the presidential election.

At the open, the Dow Jones Industrial Average fell 53.32 points, or 0.13 percent, to 41,998.87 points. The S&P 500 index decreased by 0.67 points to 5,728.13 points, and the Nasdaq Composite index decreased by 42.32 points (0.23 percent) to 18,197.59 points.

In the US White House presidential race, Democratic candidate Kamala Harris and Republican rival Donald Trump are almost equal in opinion polls ahead of Election Day on Tuesday.

According to the latest poll, Kamala Harris is leading in Iowa.

It is also expected that the US Federal Reserve will cut interest rates later in the week.

US dollar

The US dollar fell on Monday as investors proceeded cautiously ahead of the US presidential election.

The dollar fell against most European and Asian currencies; It lost 0.6 percent against the euro, falling to 1,090 dollars, and lost 1 percent against the Japanese yen, falling to 151.62.

Crude oil

Oil prices rose on Monday after OPEC announced it would delay its December production increase by a month.

Brent futures rose 2.8 percent to $75.19. US West Texas Intermediate (WTI) crude oil rose 3 percent to $71.64.

Bullion

Gold prices were little changed on Monday; Spot gold was at $2,740.69 per ounce at 1237 GMT. US gold futures were flat at $2,749.80.

Spot silver rose 1.1 percent to $32.79 per ounce, after hitting a two-week low of $32.26.