The Dow Jones Industrial Average closed at 26,341.02 on Monday with a loss of 83.97 points or -0.32%. The S&P 500 closed at 2,895.77 for a gain of 3.03 points or 0.10%. The Nasdaq Composite closed at 7,953.88 for a gain of 15.19 points or 0.19%. The VIX Volatility Index was higher at 13.17 for a gain of 0.35 points or 2.73%.
Monday’s market movers
Stocks continued to rally on Monday with closing gains helping the S&P 500 to a positive eight-day streak. Investors were optimistic about trade talks with China as both countries reported new progress had been made last week. Investors were also looking ahead to the first quarter’s earnings reports as big banks begin reporting this week.
Economic reports affecting market trading included the following:
- Factory orders decreased 0.5% in February.
- The Treasury held auctions for three-month bills at a rate of 2.375% and six-month bills at a rate of 2.395%.
In the Dow Jones Industrial Average, the following stocks led gains and losses:
- Apple (AAPL, Financial) 1.57%
- Procter & Gamble (PG, Financial) 1.27%
- Boeing (BA, Financial) -4.44%
- Nike (NKE, Financial) -0.78%
Small-cap stocks
In small caps, the Russell 2000 closed at 1,579.00 for a loss of 3.55 points or -0.22%. The S&P 600 closed at 964.85 for a loss of 1.30 points or -0.13%. The Dow Jones Small-Cap Growth TSM Index closed at 10,017.18 for a loss of 15.87 points or -0.16%. The Dow Jones Small-Cap Value TSM Index closed at 9,713.97 for a loss of 15.00 points or -0.15%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,949.37 for a gain of 0.46 points or 0.02%; the S&P 100 at 1,277.57 for a gain of 2.03 points or 0.16%; the Russell 3000 at 1,707.67 for a gain of 1.39 points or 0.08%; the Russell 1000 at 1,604.56 for a gain of 1.68 points or 0.10%; the Wilshire 5000 at 29,908.91 for a gain of 21.88 points or 0.07%; and the Dow Jones U.S. Select Dividend Index at 716.64 for a loss of -0.80 points or -0.11%.
