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Julie Young
Julie Young
Articles (836) 

US Market Indexes Close Higher on Monday

Dow Jones closes at 24,573.04

April 16, 2018 | About:

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:

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%.

About the author:

Julie Young
Julie Young is a financial journalist with comprehensive experience in the financial services industry. She primarily writes about 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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