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US Market Indexes Higher on Monday

- By Julie Young

U.S. market indexes were higher on Monday.

For the day, the Dow Jones Industrial Average closed at 20,636.92 for a gain of 183.67 points or 0.90%. The Standard & Poor's 500 closed at 2,349.01 for a gain of 20.06 points or 0.86%. The Nasdaq Composite closed at 5,856.79 for a gain of 51.64 points or 0.89%. Trading volatility was lower on Monday with the VIX Volatility Index ending the day at 14.63 for a decrease of 1.33 points or 8.33%.

Monday's market movers

Stocks gained on Monday with a positive outlook on first-quarter earnings. The Housing Market Index was reported on Monday. The index decreased to 68 from 71 with homebuilders reporting less confidence in the housing market.

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

  • Boeing (BA) 1.90%.
  • JPMorgan (JPM) 1.69%.
  • Nike (NKE) 1.57%.
  • Goldman Sachs (GS) 1.47%.
  • UnitedHealth (UNH) 1.34%.

In the broad market, financials and real estate led gains. Technology was also higher with a gain of 0.88%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,361.14 for a gain of 15.90 points or 1.18%. The S&P 600 Small-Cap Index closed at 825.24 for a gain of 9.62 points or 1.18%. The Dow Jones Small-Cap Growth TSM Index closed at 8,167.10 for a gain of 87.18 points or 1.08%. The Dow Jones Small-Cap Value TSM Index closed at 9,526.15 for a gain of 120.33 points or 1.28%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,700.60 for a gain of 19.56 points or 1.16%; the S&P 100 Index at 1,039.15 for a gain of 8.75 points or 0.85%; the Russell 3000 Index at 1,392.16 for a gain of 12.39 points or 0.90%; the Russell 1000 Index at 1,302.56 for a gain of 11.29 points or 0.87%; and the Dow Jones U.S. Select Dividend Index at 652.64 for a gain of 4.47 points or 0.69%.

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This article first appeared on GuruFocus.