The Dow Jones Industrial Average closed at 26,786.68 on Tuesday with a gain of 69.25 points or 0.26%. The S&P 500 closed at 2,973.01 for a gain of 8.68 points or 0.29%. The Nasdaq Composite closed at 8,109.09 for a gain of 17.93 points or 0.22%. The VIX Volatility Index was lower at 13.03 for a loss of 1.03 points or -7.33%.
Tuesday’s market movers
Stocks continued to gain Tuesday after the U.S.’s reported trade truce with China. The S&P 500 reached a new closing high at 2,973.01.
A report on trade with the European Union capped gains for the day and created some new uncertainty in international trade relations. The U.S. released a list of European Union goods on Tuesday worth $4 billion that could see U.S. import taxes. No import tariffs have been imposed specifically on the European Union yet, though Tuesday’s announcement adds to a proposed tariff list.
June vehicle sales was the only major report on the economic calendar Tuesday with preliminary results being provided throughout the day. Analysts are estimating a seasonally adjusted annual average of 17 million, decreasing from the previous total of 17.3 million.
In the Dow Jones Industrial Average, the following stocks led gains:
Small-cap stocks
In small caps, the Russell 2000 closed at 1,558.72 for a loss of 10.95 points or -0.70%. The S&P 600 closed at 948.46 for a loss of 6.37 points or -0.67%. The Dow Jones Small-Cap Growth Total Stock Market Index closed at 10,018.18 for a loss of 39.22 points or -0.39%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,946.21 for a loss of 6.17 points or -0.32%; the S&P 100 at 1,313.61 for a gain of 5.66 points or 0.43%; the Russell 3000 at 1,747.09 for a gain of 3.59 points or 0.21%; the Russell 1000 at 1,645.82 for a gain of 4.31 points or 0.26%; the Wilshire 5000 at 30,468.12 for a gain of 66.85 points or 0.22%; and the Dow Jones U.S. Select Dividend Index at 713.93 for a gain of 0.25 points or 0.04%.
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