The Dow Jones Industrial Average closed at 27,691.49 with no change on Tuesday. The S&P 500 closed at 3,091.84 for a gain of 4.83 points or 0.16%. The Nasdaq Composite closed at 8,486.09 for a gain of 21.81 points or 0.26%. The VIX Volatility Index was higher at 12.76 for a gain of 0.07 points or 0.55%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Tuesday’s market movers” data-reactid=”12″>Tuesday’s market movers
U.S. indexes ended the day higher Tuesday following losses and light Veterans Day trading Monday. Some big announcements helped contribute to the day’s gains. Facebook announced a new pay service and Disney launched its Disney+ streaming service. Both stocks led gains in the S&P 100 Tuesday. President Trump also spoke on trade at the Economic Club of New York, commenting that negotiators are getting closer to a trade deal agreement.
Economic reports affecting market trading included the following:
- The NFIB Business Optimism Index increased to 102.4 from 101.8.
- The Treasury held auctions for three-month bills at a rate of 1.565% and six-month bills at a rate of 1.550%.
In the S&P 500, the health care, materials and utilities sectors led gains. In the S&P 100, the following stocks led gains:
- Facebook (NASDAQ:FB) 2.65%
- Disney (NYSE:DIS) 1.25%
- AbbVie (NYSE:ABBV) 1.16%
- Merck (NYSE:MRK) 1.10%
- Starbucks (SBX) 1.10%
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Small-cap stocks” data-reactid=”32″>Small-cap stocks
In small caps, the Russell 2000 closed at 1,595.12 for a gain of 0.35 points or 0.022%. The S&P 600 closed at 985.47 for a loss of 0.15 points or -0.015%. The Dow Jones U.S. Small-Cap Growth Index closed at 10,143.44 for a gain of 6.79 points or 0.07%. The Dow Jones U.S. Small-Cap Value Index closed at 9,761.00 for a loss of 26.61 points or -0.27%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Other notable indexes” data-reactid=”34″>Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,990.99 for a loss of 3.47 points or -0.17%; the S&P 100 at 1,378.61 for a gain of 1.97 points or 0.14%; the Nasdaq 100 at 8,263.79 for a gain of 21.88 points or 0.27%; the Russell 3000 at 1,811.05 for a gain of 2.57 points or 0.14%; the Russell 1000 at 1,707.77 for a gain of 2.57 points or 0.15%; the Wilshire 5000 at 31,596.99 for a gain of 41.13 points or 0.13%; and the Dow Jones U.S. Select Dividend Index at 738.63 for a loss of 0.37 points or -0.050%.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.” data-reactid=”36″>Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This article first appeared on GuruFocus.
” data-reactid=”37″>This article first appeared on GuruFocus.
Add Comment