U.S. market indexes were lower on Tuesday. The Dow Jones Industrial Average closed at 24,180.64 for a loss of -109.41 points or -0.45%. The S&P 500 Index closed at 2,629.57 for a loss of -9.87 points or -0.37%. The Nasdaq Composite closed at 6,762.21 for a loss of -13.15 points or -0.19%. The VIX Volatility Index was lower at 11.30 with a loss of -0.38% or -3.25%.
Tuesday’s market movers
Stocks continued to report losses on Tuesday. Utilities and industrial stocks led the market’s losses. Technology was higher with the S&P 500 technology sector up 0.03%.
Economic reports affecting market trading included the following:
- International trade reported a trade balance of -$48.7 billion.
- The PMI Services Index was reported at 54.5, down from 55.3.
- The ISM Non-Manufacturing Index was reported at 57.4, down from 60.1.
In the Dow Jones Industrial Average, the following stocks led losses:
Walt Disney (DIS, Financial) -2.72%
Intel (INTC, Financial) -2.36%
Verizon (VZ, Financial) -1.55%
Pfizer (PFE, Financial) -1.19%
JPMorgan (JPM, Financial) -1.15%
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,516.76 for a loss of -15.65 points or -1.02%. The S&P 600 Index closed at 928.08 for a loss of -9.93 points or -1.06%. The Dow Jones Small-Cap Growth TSM Index closed at 9,230.12 for a loss of -83.97 points or -0.90%. The Dow Jones Small-Cap Value TSM Index closed at 10,228.75 for a loss of -109.00 points or -1.05%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,879.13 for a loss of -14.94 points or -0.79%; the S&P 100 Index at 1,162.64 for a loss of -3.35 points or -0.29%; the Russell 3000 Index at 1,556.80 for a loss of -6.90 points or -0.44%; the Russell 1000 Index at 1,456.99 for a loss of -5.76 points or -0.39%; and the Dow Jones U.S. Select Dividend Index at 699.41 for a loss of -5.87 points or -0.83%.
