U.S. market indexes were higher on Monday. The Dow Jones Industrial Average closed at 24,573.04 for a gain of 212.90 points or 0.87%. The S&P 500 closed at 2,677.84 for a gain of 21.54 points or 0.81%. The Nasdaq Composite closed at 7,156.28 for a gain of 49.63 points or 0.70%. The VIX Volatility Index was lower at 16.42 for a loss of -0.99 points or -5.69%.
Monday's market movers
First-quarter earnings reports helped stocks to gain on Monday. Sectors leading for the day included utilities and materials.
Economic reports affecting market trading included the following:
- Retail sales increased 0.6% in March.
- Business inventories increased 0.6% in February.
- The National Association of Home Builders’ Housing Market Index reported a decrease to 69 from 70.
In the Dow Jones Industrial Average, the following stocks led gains:
- UnitedHealth (UNH, Financial) 3.13%
- Merck (MRK, Financial) 2.59%
- Verizon (VZ, Financial) 1.43%
- Microsoft (MSFT, Financial) 1.36%
Small-cap stocks
In small-caps, the Russell 2000 closed at 1,563.61 for a gain of 14.10 points or 0.91%. The S&P 600 closed at 962.95 for a gain of 10.18 points or 1.07%. The Dow Jones Small-Cap Growth TSM Index closed at 9,686.97 for a gain of 72.85 points or 0.76%. The Dow Jones Small-Cap Value TSM Index closed at 9,986.73 for a gain of 105.51 points or 1.07%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,903.23 for a gain of 19.37 points or 1.03%; the S&P 100 at 1,177.14 for a gain of 9.64 points or 0.83%; the Russell 3000 at 1,588.90 for a gain of 14.32 points or 0.91%; the Russell 1000 at 1,485.83 for a gain of 13.41 points or 0.91%; and the Dow Jones U.S. Select Dividend Index at 692.35 for a gain of 7.55 points or 1.10%.
