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Julie Young
Julie Young
Articles (969) 

US Market Indexes Gain on Monday

Dow Jones closes at 23,439.70

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 (NYSE:MCD) 1.07%

Procter & Gamble (NYSE:PG) 0.95%

DuPont (NYSE:DD) 0.89%

Home Depot (NYSE:HD) 0.76%

UnitedHealth (NYSE:UNH) 0.75%

Boeing (NYSE:BA) 0.60%

American Express (NYSE:AXP) 0.41%

JPMorgan (NYSE:JPM) 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%.

About the author:

Julie Young
Julie Young is a financial writer with comprehensive experience in the financial services industry. She writes about investments, investment products, 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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