The Dow Jones Industrial Average closed at 26486.78 on Monday for a gain of 39.73 points or 0.15%. The S&P 500 closed at 2884.43 for a loss of -1.14 points or -0.04%. The Nasdaq Composite closed at 7735.95 for a loss of -52.50 points or -0.67%. The VIX Volatility Index closed at 15.80 for a gain of 0.98 points or 6.61%.
Monday’s market movers
Fixed income yields continued to affect market trading on Monday however the bond market was closed for Columbus Day which tempered some of the day’s activity. Dow Jones stocks gained as these companies have been higher following North American trade agreements. Technology stocks across the Nasdaq were lower, falling -0.67%. The S&P 500 technology sector was also down at -1.13%.
Economic reports
There were no market moving economic reports on Monday. The bond market, banks and the Federal Reserve were all closed on Monday for Columbus Day. The Treasury has auctions scheduled for three-month bills, 52-week bills, six-month bills and four-week bills on Tuesday.
Dow Jones
General Electric (GE, Financial) 3.00%
Walmart (WMT, Financial) 1.63%
Coca-Cola (KO, Financial) 1.44%
Small-cap stocks
In small caps, the Russell 2000 closed at 1629.51 for a loss of -2.60 points or -0.16%. The S&P 600 closed at 1020.13 for a loss of -0.54 points or -0.05%. The Dow Jones Small-Cap Growth TSM Index closed at 10168.17 for a loss of -38.05 points or -0.37%. The Dow Jones Small-Cap Value TSM Index closed at 10220.38 for a gain of 76.21 points or 0.75%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1968.00 for a gain of 0.01 points or 0.01%; the S&P 100 at 1283.87 for a gain of 0.53 points or 0.04%; the Russell 3000 at 1701.13 for a loss of -1.91 points or -0.11%; the Russell 1000 at 1594.09 for a loss of -1.73 points or -0.11%; the Wilshire 5000 at 29788.14 for a loss of -34.89 points or -0.12%; and the Dow Jones US Select Dividend Index at 720.84 for a gain of 2.76 points or 0.38%.
