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Julie Young
Julie Young
Articles (966) 

US Market Indexes Close Higher on Tuesday

Nasdaq Composite closes at 7,972.47 with a gain of 0.61%

September 11, 2018 | About:

The Dow Jones Industrial Average closed at 25,971.06 on Tuesday with a gain of 113.99 points or 0.44%. The S&P 500 closed at 2,887.89 for a gain of 10.76 points or 0.37%. The Nasdaq Composite closed at 7,972.47 with a gain of 48.31 points or 0.61%. The VIX Volatility Index was lower at 13.22 for a loss of -0.94 points or -6.64%.

Tuesday’s market movers

No major political trade reports helped stocks to gain on Tuesday. Energy and technology stocks led gains for the day. Oil prices were higher as Hurricane Florence threatened some supply. In the Nasdaq, top gainers included Tilray (NASDAQ:TLRY) and Integrated Device Technology (NASDAQ:IDTI).

Economic reports affecting market trading included the following:

  • The NFIB Small Business Optimism Index increased to 108.8 from 107.9.
  • Wholesale trade inventories reported a 0.6% monthly increase.
  • The Treasury held auctions for four-week bills, 52-week bills and three-year notes at the following rates: four-week, 1.975%; 52-week, 2.465%; three-year, 2.821%.

In the Dow Jones Industrial Average, the following stocks led gains:

Small-cap stocks

In small-caps, the Russell 2000 closed at 1,718.40 for a gain of 0.94 points or 0.05%. The S&P 600 closed at 1,082.37 for a loss of -0.20 points or -0.02%. The Dow Jones Small-Cap Growth TSM Index closed at 10,777.46 for a gain of 32.39 points or 0.30%. The Dow Jones Small-Cap Value TSM Index closed at 10,610.24 for a loss of -12.53 points or -0.12%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 2,034.85 for a gain of 3.07 points or 0.15%; the S&P 100 at 1,279.07 for a gain of 6.78 points or 0.53%; the Russell 3000 at 1,716.39 for a gain of 5.69 points or 0.33%; the Russell 1000 at 1,602.62 for a gain of 5.68 points or 0.36%; the Wilshire 5000 at 30,103.55 for a gain of 112.22 points or 0.37%; and the Dow Jones U.S. Select Dividend Index at 722.93 for a loss of -0.44 points or -0.06%.

About the author:

Julie Young
Julie Young is a financial writer with comprehensive experience in the financial services industry. She writes about investments, investment products, 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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