US Market Indexes Higher on Tuesday

Nasdaq Composite reaches new high

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Dec 27, 2016
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U.S. market indexes were higher on Tuesday and the Nasdaq Composite reached a new high. For the day, the Dow Jones Industrial Average closed at 19945.04 for a gain of 11.23 points or 0.06%. The S&P 500 closed at 2268.88 for a gain of 5.09 points or 0.22%. The Nasdaq Composite closed at 5487.44 for a gain of 24.75 points or 0.45%. The VIX Volatility Index was higher for the day at 11.99 for a gain of 0.55 points or 4.81%.

Tuesday’s market movers

Economic reports affecting market trading for the day included the following:

  • The S&P CoreLogic Case-Shiller Home Price Index increased 0.6% in October.
  • The Conference Board’s Consumer Confidence Index increased to 113.7 for December.

In the Dow Jones Industrial Average, the following stocks led gains:

Apple (AAPL, Financial) 0.64%

Cisco (CSCO, Financial) 0.49%

Merck (MRK, Financial) 0.39%

United Technologies (UTX, Financial) 0.30%

Intel (INTC, Financial) 0.27%

In the broad market, materials and technology led gains. The S&P 500 materials sector gained 0.54%. The S&P 500 technology sector gained 0.41%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1377.71 for a gain of 6.20 points or 0.45%. The S&P 600 Small-Cap Index closed at 849.79 for a gain of 4.77 points or 0.56%. The Dow Jones Small-Cap Growth TSM Index closed at 8082.24 for a gain of 35.03 points or 0.44%. The Dow Jones Small-Cap Value TSM Index closed at 9773.77 for a gain of 37.32 points or 0.38%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1680.23 for a gain of 6.68 points or 0.40%; the S&P 100 Index at 1003.97 for a gain of 1.45 points or 0.14%; the Russell 3000 Index at 1349.62 for a gain of 3.34 points or 0.25%; the Russell 1000 Index at 1258.17 for a gain of 2.90 points or 0.23%; and the Dow Jones U.S. Select Dividend Index at 641.07 for a gain of 1.52 points or 0.24%.

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