US Market Indexes Flat, S&P 500 Extends Closing Losses to Fifth Day

Dow Jones closes at 25,191.43 with a loss of -0.50%

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Oct 23, 2018
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The Dow Jones Industrial Average closed at 25,191.43 on Tuesday with a loss of -125.98 points or -0.50%. The S&P 500 closed at 2,740.69 with a loss of -15.19 points or -0.55%. The Nasdaq Composite closed at 7,437.54 for a loss of -31.09 points or -0.42%. The VIX Volatility Index was higher at 20.86 for a gain of 1.22 points or 6.21%.

Tuesday’s market movers

U.S. indexes closed mostly flat on Tuesday with the S&P 500 extending closing losses to a fifth day. Losses in China affected equities across the globe. Five Dow Jones companies reported earnings, including: 3M (MMM, Financial), Caterpillar (CAT, Financial), McDonald's (MCD), United Technologies (UTX) and Verizon (VZ). Asbury Automotive Group (ASG) topped the list of earnings gainers, beating expectations by 20% and gaining 11% for the day.

There were no major reports on the economic calendar Tuesday. The Treasury held auctions for the following: four-week bills at a rate of 2.180%, two-year notes at a rate of 2.880%. In the S&P 500, energy and industrials led losses.

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

Small-cap stocks

In small-caps, the Russell 2000 closed at 1,526.59 for a loss of -12.91 points or -0.84%. The S&P 600 closed at 954.45 for a loss of -7.49 points or -0.78%. The Dow Jones Small-Cap Growth TSM Index closed at 9,518.53 for a loss of -82.80 points or -0.86%. The Dow Jones Small-Cap Value TSM Index closed at 9,503.49 for a loss of -68.00 points or -0.71%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,844.73 for a loss of -18.42 points or -0.99%; the S&P 100 at 1,225.82 for a loss of -5.20 points or -0.42%; the Russell 3000 at 1,614.03 for a loss of -9.36 points or -0.58%; the Russell 1000 at 1,513.98 for a loss of -8.46 points or -0.56%; the Wilshire 5000 at 28,279.62 for a loss of -167.93 points or -0.59%; and the Dow Jones U.S. Select Dividend Index at 689.06 for a loss of -3.56 points or -0.51%.

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