The Dow Jones Industrial Average closed at 25,306.83 on Monday with a loss of -144.23 points or -0.57%. The S&P 500 closed at 2,802.60 for a loss of -16.22 points or -0.58%. The Nasdaq Composite closed at 7,630.00 for a loss of -107.42 points or -1.39%. The VIX Volatility Index was higher at 14.26 for a gain of 1.23 points or 9.44%.
Monday’s market movers
U.S. market indexes were lower Monday after mixed earnings results and further decreases among tech stocks. In the S&P 500, the technology sector led losses with a decrease of -1.56%. The industrial and consumer discretionary sectors followed technology, both reporting losses for the day of greater than -0.75%.
Pending Home Sales was the only major report on the economic calendar Monday. Pending home sales reported a 0.9% monthly increase. On Monday, the Treasury also held auctions for three-month and six-month bills at the following rates:
- Three-month: 2.00%
- Six-month: 2.160%
In the Dow Jones Industrial Average, the following stocks led losses:
- Visa (V, Financial) -3.01%
- American Express (AXP, Financial) -2.89%
- Boeing (BA, Financial) -2.66%
- Microsoft (MSFT, Financial) -2.15%
- Caterpillar (CAT, Financial) -1.97%
Small-cap stocks
In small-caps, the Russell 2000 closed at 7,630.00 for a loss of -107.42 points or -1.39%. The S&P 600 closed at 1,036.56 for a loss of -4.74 points or -0.46%. The Dow Jones Small-Cap Growth TSM Index closed at 10,163.54 for a loss of -112.73 points or -1.10%. The Dow Jones Small-Cap Value TSM Index closed at 10,479.24 for a gain of 1.31 points or 0.01%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,966.41 for a loss of -8.81 points or -0.45%; the S&P 100 at 1,237.63 for a loss of -6.20 points or -0.50%; the Russell 3000 at 1,661.45 for a loss of -10.55 points or -0.63%; the Russell 1000 at 1,552.11 for a loss of -9.88 points or -0.63%; and the Dow Jones U.S. Select Dividend Index at 709.49 for a gain of 0.83 points or 0.12%.
