U.S. market indexes were lower Monday following new highs reached last week.
For the day, the Dow Jones Industrial Average closed at 19,097.90 for a loss of 54.24 points or 0.28%. The Standard & Poor's 500 closed at 2,201.72 for a loss of 11.63 points or 0.53%. The Nasdaq Composite closed at 5,368.81 for a loss of 30.11 points or 0.56%. The VIX Volatility Index was slightly higher for the day at 13.10 for a gain of 0.76 points or 6.16%.
Monday’s market movers
No leading economic reports were on the calendar for Monday. On Tuesday, the Bureau of Economic Analysis will release its second estimate for GDP and its preliminary estimate for third-quarter corporate profits.
In the Dow Jones Industrial Average, stocks leading losses for the day included the following:
- Visa (V, Financial) -1.19%.
- American Express (AXP, Financial) -1.00%.
- Nike (NKE, Financial) -0.95%.
- Caterpillar (CAT, Financial) -0.92%.
- Johnson & Johnson (JNJ, Financial) -0.79%.
In the broad market, the energy and financial sectors led losses. In technology, the S&P 500 technology sector gained 0.11%.
Small-cap stocks
In small-caps, the Russell 2000 closed at 1,329.25 for a loss of 17.95 points or 1.33%. The S&P 600 Small-Cap Index closed at 815.10 for a loss of 10.18 points or 1.23%. The Dow Jones Small-Cap Growth TSM Index closed at 7,887.65 for a loss of 116.69 points or 1.46%. The Dow Jones Small-Cap Value TSM Index closed at 9,377.62 for a loss of 74.93 points or 0.79%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,628.78 for loss of 12.03 points or 0.73%; the S&P 100 Index at 970.76 for a loss of 4.49 points or 0.46%; the Russell 3000 at 1,310.37 for a loss of 8.19 points or 0.62%; the Russell 1000 Index at 1,222.19 for a loss of 6.92 points or 0.56%; and the Dow Jones U.S. Select Dividend Index at 626.08 for a loss of 0.35 points or 0.06%.
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