The Dow Jones Industrial Average closed at 25,064.36 on Monday with a gain of 44.95 points or 0.18%. The S&P 500 closed at 2,798.43 for a loss of -2.88 points or -0.10%. The Nasdaq Composite closed at 7,805.72 for a loss of -20.26 points or -0.26%. The VIX Volatility Index was higher at 12.73 for a gain of 0.55 points or 4.52%.
Monday’s market movers
Lower oil prices and a selloff in energy led to broad market losses Monday. Bank of America (BAC, Financial) reported strong earnings and the 10-year Treasury was higher, which helped the financial sector. Within the S&P 500, the energy sector led losses with a one-day return of -1.15% while the financial sector led gains with a return of 1.78%.
Economic reports affecting market trading included the following:
- Retail sales increased 0.5% for the month.
- Business inventories reported a monthly increase of 0.4%.
- The Treasury held auctions at the following rates: three-month bill 1.980%, six-month bill 2.140%.
In the Dow Jones Industrial Average, the following stocks led losses and gains:
Losses
- Caterpillar (CAT, Financial) -1.88%
- Johnson & Johnson (JNJ, Financial) -1.09%
- Exxon (XOM, Financial) -1.07%
Gains
Small-cap stocks
In small-caps, the Russell 2000 closed at 1,678.60 for a loss of -8.48 points or -0.50%. The S&P 600 closed at 1,041.10 for a loss of -4.71 points or -0.45%. The Dow Jones Small-Cap Growth TSM Index closed at 10,413.14 for a loss of -60.52 points or -0.58%. The Dow Jones Small-Cap Value TSM Index closed at 10,446.73 for a loss of -37.67 points or -0.36%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,985.37 for a loss of -10.98 points or -0.55%; the S&P 100 at 1,236.61 for a gain of 0.70 points or 0.06%; the Russell 3000 at 1,664.36 for a loss of -3.00 points or -0.18%; the Russell 1000 at 1,553.08 for a loss of -2.38 points or -0.15%; and the Dow Jones U.S. Select Dividend Index at 705.33 for a loss of -2.75 points or -0.39%.
