U.S. market indexes were higher on Monday. The Dow Jones Industrial Average closed at 25,709.27 for a gain of 399.28 points or 1.58%. The S&P 500 closed at 2,779.60 for a gain of 32.30 points or 1.18%. The Nasdaq Composite closed at 7,421.46 for a gain of 84.07 points or 1.15%. The VIX Volatility Index was lower for the day at 16.11 with a loss of -0.38 points or -2.30%.
Monday’s market movers
U.S. market indexes started the week higher on Monday. In the S&P 500, all sectors gained except for utilities with the financial and technology sectors leading for the day.
Economic reports affecting market trading included the following:
- The Chicago Fed National Activity Index decreased from 0.14 to 0.12 in January.
- New home sales decreased to a seasonally adjusted annual rate of 593,000.
In the Dow Jones Industrial Average, the following stocks led gains:
- Cisco (CSCO, Financial) 3.02%
- 3M (MMM, Financial) 3.00%
- American Express (AXP, Financial) 2.86%
- Intel (INTC, Financial) 2.85%
Small-cap stocks
In small-caps, the Russell 2000 closed at 1,559.18 for a gain of 9.99 points or 0.64%. The S&P 600 closed at 952.76 for a gain of 6.21 points or 0.66%. The Dow Jones Small-Cap Growth TSM Index closed at 9,691.15 for a gain of 64.96 points or 0.67%. The Dow Jones Small-Cap Value TSM Index closed at 10,076.53 for a gain of 46.00 points or 0.46%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,914.94 for a gain of 10.71 points or 0.56%; the S&P 100 at 1,232.49 for a gain of 17.14 points or 1.41%; the Russell 3000 at 1,639.17 for a gain of 17.43 points or 1.07%; the Russell 1000 at 1,537.05 for a gain of 16.85 points or 1.11%; and the Dow Jones U.S. Select Dividend Index at 704.41 for a gain of 3.19 points or 0.45%.
