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Julie Young
Julie Young
Articles (668) 

US Market Indexes Mostly Lower

Financials lead losses

March 20, 2017 | About:

U.S. market indexes were mostly lower Monday.

For the day, the Dow Jones Industrial Average closed at 20,905.86 for a loss of 8.76 points or 0.04%. The Standard & Poor's 500 closed at 2,373.47 for a loss of 4.78 points or 0.20%. The Nasdaq Composite closed at 5,901.53 for a gain of 0.53 points or 0.01%. The VIX Volatility Index was higher for the day at 11.35 for a gain of 0.07 points or 0.62%.

Monday’s market movers

Charles Evans spoke on the economy and the potential for three interest rate increases in 2017 on Monday. The Chicago Fed National Activity Index was also released, reporting an increase to 0.34 from -0.02.

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



Financial stocks led losses for the day as investors awaited more details on new economic policies. Technology stocks gained with the S&P 500 technology sector increasing 0.09%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,384.10 for a loss of 7.43 points or 0.53%. The S&P 600 Small-Cap Index closed at 844.25 for a loss of 5.29 points or 0.62%. The Dow Jones Small-Cap Growth TSM Index closed at 8,276.67 for a loss of 29.82 points or 0.36%. The Dow Jones Small-Cap Value TSM Index closed at 9,640.32 for a loss of 74.11 points or 0.76%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,722.13 for a loss of 9.01 points or 0.52%; the S&P 100 Index at 1,053.44 for a loss of 1.90 points or 0.18%; the Russell 3000 Index at 1,406.83 for a loss of 3.55 points or 0.25%; the Russell 1000 Index at 1,315.60 for a loss of 3.01 points or 0.23%; and the Dow Jones U.S. Select Dividend Index at 655.07 for a loss of 2.27 points or 0.35%.

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About the author:

Julie Young
Julie Young is a financial journalist with comprehensive experience in the financial services industry. She primarily writes about financial market news and economic trends. Julie holds a Master of Science degree in finance from Boston College and a Bachelor of Science degree in finance from the University of Arkansas.

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