The Dow Jones Industrial Average closed at 30,211.91 on Monday with a gain of 229.29 points or 0.76{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. The S&P 500 closed at 3,773.86 for a gain of 59.62 points or 1.61{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. The Nasdaq Composite closed at 13,403.39 for a gain of 332.70 points or 2.55{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. The VIX Volatility Index was lower at 30.24 for a loss of 2.85 points or -8.61{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}.

Monday’s Market Movers

U.S. indexes started the new month with gains. Semiconductors and consumer discretionary led the charge. A report from the Congressional Budget Office said the U.S. economy could return to a pre-pandemic peak by the middle of this year, mainly in reference to gross domestic product. The Fed’s Rosengren said Monday that the economy is still in a deep recession.

In other news:

  • The ISM New York Index increased to 61.3 from 58.
  • The Treasury held auctions for 119-day bills at a rate of 0.075{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} and 42-day bills at a rate of 0.070{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}.

Across the board:

Small-Cap Stocks

In small-caps, the Russell 2000 closed at 2,126.16 for a gain of 52.52 points or 2.53{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. The S&P 600 closed at 1,210.25 for a gain of 21.54 points or 1.81{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. The Dow Jones U.S. Small-Cap Growth Index closed at 14,752.21 for a gain of 384.96 points or 2.68{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. The Dow Jones U.S. Small-Cap Value Index closed at 9508.87 for a gain of 165.34 points or 1.77{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}.

Other Notable Indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 2,388.77 for a gain of 48.65 points or 2.08{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}; the S&P 100 at 1,737.10 for a gain of 27.35 points or 1.60{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}; the Nasdaq 100 at 13,248.90 for a gain of 323.52 points or 2.50{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}; the Russell 3000 at 2,274.54 for a gain of 38.17 points or 1.71{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}; the Russell 1000 at 2,135.96 for a gain of 34.59 points or 1.65{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}; the Wilshire 5000 at 39,727.65 for a gain of 670.16 points or 1.72{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}; and the Dow Jones US Select Dividend Index at 699.31 for a gain of 7.27 points or 1.05{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}.

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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.