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Julie Young
Julie Young
Articles (1269) 

US Indexes Close Mostly Flat Monday

Nasdaq down 0.32%

June 24, 2019 | About:

The Dow Jones Industrial Average closed at 26,727.54 on Monday with a gain of 8.41 points or 0.03%. The S&P 500 closed at 2,945.35 for a loss of 5.11 points or -0.17%. The Nasdaq Composite closed at 8,005.70 for a loss of 26.01 points or -0.32%. The VIX Volatility Index was lower at 15.36 for a loss of 0.04 points or -0.26%.

Monday’s market movers

U.S. stocks closed mostly flat on Monday. Tech stocks were a detractor as analysts looked at affects from the Commerce Department’s business restrictions with five new Chinese tech companies.

Across the broad market, investors were watching international tensions with Iran and China. President Trump signed an executive order imposing sanctions on Iran, limiting their use of financial instruments. On Friday, the president will also begin talks with China’s Xi Jinping to discuss trade.

Economic reports affecting market trading included the following:

  • The Chicago Fed National Activity Index improved to -0.05 in May from -0.48.
  • The Treasury held auctions for three-month bills at a rate of 2.085% and six-month bills at a rate of 2.03%.

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

Small-cap stocks

In small caps, the Russell 2000 closed at 1,530.08 for a loss of 19.54 points or -1.26%. The S&P 600 closed at 926.59 for a loss of 10.46 points or -1.12%. The Dow Jones Small-Cap Growth Total Stock Market Index closed at 9,800.97 for a loss of 129.75 points or -1.31%. The Dow Jones Small-Cap Value Total Stock Market Index closed at 9,391.31 for a loss of 82.75 points or -0.87%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,912.65 for a loss of 15.46 points or -0.80%; the S&P 100 at 1,302.82 for a loss of 1.54 points or -0.12%; the Russell 3000 at 1,728.08 for a loss of 5.37 points or -0.31%; the Russell 1000 at 1,628.99 for a loss of 3.92 points or -0.24%; the Wilshire 5000 at 30,134.72 for a loss of 92.32 points or -0.31%; and the Dow Jones U.S. Select Dividend Index at 707.66 for a loss of 3.27 points or -0.46%.

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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 has a Master of Science in finance from Boston College and a Bachelor of Science in finance from the University of Arkansas.

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