U.S. Markets closed
  • S&P 500

    3,345.51
    -6.09 (-0.18%)
     
  • Dow 30

    27,534.44
    -49.62 (-0.18%)
     
  • Nasdaq

    11,120.16
    +2.64 (+0.02%)
     
  • Russell 2000

    1,507.77
    -2.57 (-0.17%)
     
  • Crude Oil

    39.12
    -1.48 (-3.65%)
     
  • Gold

    1,901.90
    +19.60 (+1.04%)
     
  • Silver

    24.44
    +0.84 (+3.56%)
     
  • EUR/USD

    1.1741
    +0.0073 (+0.6223%)
     
  • 10-Yr Bond

    0.6460
    -0.0170 (-2.56%)
     
  • Vix

    26.20
    +0.01 (+0.04%)
     
  • GBP/USD

    1.2864
    +0.0023 (+0.1762%)
     
  • USD/JPY

    105.6770
    +0.1580 (+0.1497%)
     
  • BTC-USD

    10,736.46
    -107.75 (-0.99%)
     
  • CMC Crypto 200

    230.20
    +0.53 (+0.23%)
     
  • FTSE 100

    5,897.50
    -30.43 (-0.51%)
     
  • Nikkei 225

    23,539.10
    +27.48 (+0.12%)
     

US Indexes Close Mostly Higher Tuesday

GuruFocus.com

The Dow Jones Industrial Average closed at 26,840.40 on Tuesday with a gain of 159.53 points or 0.60%. The S&P 500 closed at 3,257.30 for a gain of 5.46 points or 0.17%. The Nasdaq Composite closed at 10,680.36 for a loss of 86.73 points or -0.81%. The VIX Volatility Index was higher at 24.91 for a gain of 0.45 points or 1.84%.

Tuesday's Market Movers


U.S. indexes closed mostly higher Tuesday, though the Nasdaq gave back some of its record gains.

In Europe, the European Union reported an agreement on a substantial Covid-19 rescue fund. The news came just a day after Oxford University and AstraZeneca (LSE:AZN) announced more positive vaccine testing results.

On the earnings calendar, Coca-Cola (KO) reported results. Revenue of $7.2 billion decreased -28.0% year over year and missed estimates by $60 million. Q2 GAAP EPS of $0.41 was in-line with estimates and non-GAAP EPS of $0.42 beat estimates by $0.01. The company also reported an uptrend in sales for July.

The S&P 500 energy sector led gains for the day, up 5.73% after oil prices gained and Chevron announced its acquisition of Noble Energy.

On Capital Hill, investors were watching discussions on another Covid-19 stimulus bill, but lawmakers are suggesting little action until August.

On the economic calendar:

  • The Chicago Fed National Activity Index improved to 4.11 in June from 3.50.

  • The Treasury held auctions for 119-day bills at a rate of 0.120%, 42-day bills at a rate of 0.100% and 273-day bills at a rate of 0.140%.



In the S&P 100, the following stocks led gains and losses:

  • Occidental Petroleum (NYSE:OXY) 11.03%

  • Halliburton (NYSE:HAL) 6.82%

  • Chevron (NYSE:CVX) 6.6%

  • Wells Fargo (NYSE:WFC) 6.08%

  • Exxon (NYSE:XOM) 4.92%

  • Philip Morris (NYSE:PM) 4.2%

  • Bank of America (NYSE:BAC) 3.53%

  • Citigroup (NYSE:C) 3.04%

  • AbbVie (NYSE:ABBV) -2.21%

  • Netflix (NASDAQ:NFLX) -2.18%

  • PayPal (NASDAQ:PYPL) -1.82%

  • Facebook (NASDAQ:FB) -1.71%

  • Gilead Sciences (GILD) -1.67%

  • Amazon (AMZN) -1.65%

  • NVIDIA (NVDA) -1.54%



Small-Cap Stocks

In small-caps, the Russell 2000 closed at 1,483.02 for a gain of 15.06 points or 1.03%. The S&P 600 closed at 859.38 for a gain of 17.51 points or 2.08%. The Dow Jones U.S. Small-Cap Growth Index closed at 10,390.34 for a gain of 46.22 points or 0.45%. The Dow Jones U.S. Small-Cap Value Index closed at 7,031.14 for a gain of 217.33 points or 3.19%.

Other Notable Indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,848.35 for a gain of 22.68 points or 1.24%; the S&P 100 at 1,502.97 for a loss of 1.14 points or -0.076%; the Nasdaq 100 at 10,833.07 for a loss of 119.00 points or -1.09%; the Russell 3000 at 1,902.50 for a gain of 3.47 points or 0.18%; the Russell 1000 at 1,808.03 for a gain of 2.07 points or 0.11%; the Wilshire 5000 at 33,231.21 for a gain of 58.55 points or 0.18%; and the Dow Jones U.S. Select Dividend Index at 595.89 for a gain of 11.51 points or 1.97%.

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.

This article first appeared on GuruFocus.