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Julie Young
Julie Young
Articles (859) 

US Market Indexes Gain on Monday

Dow Jones closes above 22,000

U.S. market indexes were higher on Monday. The Dow Jones Industrial Average closed at 22,057.37 for a gain of 259.58 or 1.19%. The S&P 500 closed at 2,488.11 for a gain of 26.68 points or 1.08%. The Nasdaq Composite closed at 6,432.26 for a gain of 72.07 points or 1.13%. The VIX Volatility Index was lower at 10.73 for a loss of -1.39 points or -11.47%.

Monday’s market movers

U.S. market indexes regained some ground on Monday with geographic and geopolitical issues less of a concern. There were no leading economic reports on the calendar for Monday.

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

Travelers (NYSE:TRV) 2.34%

Cisco (NASDAQ:CSCO) 2.26%

3M (NYSE:MMM) 1.88%

Apple (NASDAQ:AAPL) 1.81%

Goldman Sachs (NYSE:GS) 1.77%

American Express (NYSE:AXP) 1.71%

Johnson & Johnson (NYSE:JNJ) 1.70%

IBM (NYSE:IBM) 1.69%

In the broad market, financial and technology stocks led gains. The S&P 500 financial sector gained 1.74% and the S&P 500 technology sector gained 1.41%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,414.83 for a gain of 15.40 points or 1.10%. The S&P 600 Small-Cap Index closed at 847.73 for a gain of 8.81 points or 1.05%. The Dow Jones Small-Cap Growth TSM Index closed at 8,656.09 for a gain of 82.29 points or 0.96%. The Dow Jones Small-Cap Value TSM Index closed at 9,507.07 for a gain of 127.93 points or 1.36%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,739.02 for a gain of 19.93 points or 1.16%; the S&P 100 Index at 1,098.54 for a gain of 11.56 points or 1.06%; the Russell 3000 Index at 1,471.20 for a gain of 15.95 points or 1.10%; the Russell 1000 Index at 1,378.37 for a gain of 14.94 points or 1.10%; and the Dow Jones U.S. Select Dividend Index at 665.35 for a gain of 6.40 points or 0.97%.

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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