U.S. market indexes were higher on Monday. The Dow Jones Industrial Average closed at 23,439.70 for a gain of 17.49 points or 0.07%. The S&P 500 closed at 2,584.84 for a gain of 2.54 points or 0.10%. The Nasdaq Composite closed at 6,757.60 for a gain of 6.66 points or 0.10%. The VIX Volatility Index was higher for the day at 11.48 for a gain of 0.19 points or 1.68%.
Monday’s market movers
Stocks gained on Monday, but tax uncertainty continued to be a factor for investors.
The Treasury Budget report was the only leading economic report on the calendar for Monday. The Treasury reported an October budget deficit of -$63.2 billion.
In the Dow Jones Industrial Average, the following stocks led gains:
McDonald's (MCD, Financial) 1.07%
Procter & Gamble (PG, Financial) 0.95%
Home Depot (HD, Financial) 0.76%
UnitedHealth (UNH, Financial) 0.75%
American Express (AXP, Financial) 0.41%
JPMorgan (JPM, Financial) 0.36%
In the broad market, utilities and consumer staples led gains. S&P 500 technology stocks were slightly lower with a loss of -0.03%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,475.07 for a loss of -0.21 points or -0.01%. The S&P 600 closed at 895.04 for a gain of 1.27 points or 0.14%. The Dow Jones Small-Cap Growth TSM Index closed at 9,011.45 for a loss of -1.81 points or -0.02%. The Dow Jones Small-Cap Value TSM Index closed at 9,880.58 for a gain of 0.25 points or 0.01%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,828.93 for a gain of 3.18 points or 0.17%; the S&P 100 Index at 1,140.82 for a gain of 0.43 points or 0.04%; the Russell 3000 Index at 1,528.85 for a gain of 1.36 points or 0.09%; the Russell 1000 Index at 1,431.97 for a gain of 1.39 points or 0.10%; and the Dow Jones U.S. Select Dividend Index at 681.11 for a gain of 2.35 points or 0.35%.
