U.S. market indexes were mostly lower on Tuesday.
The Dow Jones Industrial Average closed at 23,557.23 for a gain of 8.81 points or 0.04%. The Standard & Poor's 500 closed at 2,590.64 for a loss of 0.49 points or 0.02%. The Nasdaq Composite closed at 6,767.78 for a loss of 18.65 points or 0.27%. The VIX Volatility Index was higher for the day at 9.89 for a gain of 0.49 points or 5.21%.
Tuesday’s market movers
The Dow Jones Industrial Average was the only leading Index to gain on Tuesday. It reached a new high of 23,557.23. Overall, bank and technology stocks were mostly lower due to uncertainty over tax reform.
Consumer credit was the only leading economic report for the day. Consumer credit increased $20.8 billion in September. The report was above consensus of $17.4 billion.
In the Dow Jones Industrial Average, the following stocks led gains and losses:
Gains
- Procter & Gamble (PG, Financial) 1.08%.
- Coca-Cola (KO, Financial) 1.03%.
- Walt Disney (DIS, Financial) 0.96%.
Losses
- JPMorgan (JPM, Financial) -2.01%.
- Goldman Sachs (GS, Financial) -1.51%.
- American Express (AXP, Financial) -0.96%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,479.09 for a loss of 18.87 points or 1.26%. The S&P 600 closed at 893.07 for a loss of 9.67 points or 1.07%. The Dow Jones Small-Cap Growth TSM Index closed at 9,030.20 for a loss of 113.09 points or 1.24%. The Dow Jones Small-Cap Value TSM Index closed at 9,912.81 for a loss of 94.08 points or 0.94%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,830.62 for a loss of 12.74 points or 0.69%; the S&P 100 Index at 1,144.14 for a gain of 0.37 points or 0.03%; the Russell 3000 Index at 1,532.14 for a loss of 2.48 points or 0.16%; the Russell 1000 Index at 1,532.14 for a loss of 2.48 points or 0.16%; and the Dow Jones US Select Dividend Index at 678.57 for a gain of 0.15 points or 0.02%.
