Nasdaq Reports Another New High

U.S. market indexes were mixed on Tuesday with the Nasdaq reporting another new high.

For the day, the Dow Jones Industrial Average closed at 20,979.75 for a loss of 2.19 points or -0.01%. The Standard & Poor's 500 closed at 2,400.67 for a loss of 1.65 points or 0.07%. The Nasdaq Composite closed at 6,169.87 for a gain of 20.20 points or 0.33%. The VIX Volatility Index was higher for the day at 10.65 with a gain of 0.23 points or 2.21%.

Tuesday’s market movers

Technology gains led indexes higher on Tuesday. Economic reports released for the day included the following:

• Housing starts increased to 1.172 million SAAR.
• Industrial production increased by 1% for the month.
• E-commerce retail sales reported a 4.1% SAAR of growth for the first quarter.

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

Losses

• UnitedHealth (UNH, Financial) -1.99%.
• Nike (NKE, Financial) -1.84%.
• Pfizer (PFE, Financial) -1.57%.
• Walmart (WMT, Financial) -1.55%.
• Disney (DIS, Financial) -1.05%.
• General Electric (GE, Financial) -0.50%.

Gains

• IBM (IBM, Financial) 1.43%.
• Microsoft (MSFT, Financial) 1.43%.
• McDonald's (MCD, Financial) 0.69%.
• Johnson & Johnson (JNJ, Financial) 0.61%.
• Home Depot (HD) 0.59%.
• Intel (INTC, Financial) 0.53%.

In the broad market, technology stocks led gains, and utilities stocks led losses. The S&P 500 technology sector reported a gain of 0.47%. The utilities sector reported a loss of 0.73%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,394.68 for a gain of 0.76 points or 0.05%. The S&P 600 Small-Cap Index closed at 843.88 for a loss of 0.52 points or 0.06%. The Dow Jones Small-Cap Growth TSM Index closed at 8,430.83 for a gain of 1.86 points or 0.02%. The Dow Jones Small-Cap Value TSM Index closed at 9,480.66 for a loss of 21.56 points or 0.23%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,729.52 for a loss of 1.61 points or 0.09%; the S&P 100 Index closed at 1,060.79 for a loss of 0.13 points or 0.01%; the Russell 3000 Index at 1,422.15 for a loss of 0.97 points or 0.07%; the Russell 1000 Index at 1,330.28 for a loss of 1.04 points or 0.08%; and the Dow Jones U.S. Select Dividend Index at 649.86 for a loss of 3.12 points or 0.48%.

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