The Dow Jones Industrial Average closed at 25,411.52 on Tuesday with a gain of 172.15 points or 0.68%. The S&P 500 closed at 2,737.70 for a gain of 12.83 points or 0.47%. The Nasdaq Composite closed at 7,402.08 for a gain of 54.55 points or 0.74%. The VIX Volatility Index was lower at 15.51 for a loss of 0.22 points or -1.40%.
Tuesday’s market movers
U.S. market indexes gained for a fifth day ahead of President Trump’s State of the Union address, which is scheduled for Tuesday night at 9 p.m. Eastern. Earnings also helped to support gains, with Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Apple (NASDAQ:AAPL), Disney (NYSE:DIS), Estée Lauder (NYSE:EL), M/I Homes (NYSE:MHO) and BP (NYSE:BP) leading headlines.
After controversial scheduling due to the government shutdown, the president will address the nation Tuesday night. Investors will be watching for a potential border emergency announcement, plans for discussions with North Korea’s leader Kim Jong Un and insights on tariff negotiations with China ahead of a March 1 deadline.
Economic reports affecting market trading included the following:
The Markit Services PMI decreased to 54.2 in January from 54.4. The ISM Non-Manufacturing PMI decreased to 56.7 in January from 58.0. The Treasury held an auction for three-year notes at a rate of 2.502%.
In the Dow Jones Industrial Average, the following stocks led gains:
In small caps, the Russell 2000 closed at 1,520.29 for a gain of 2.76 points or 0.18%. The S&P 600 closed at 945.64 for a gain of 0.83 points or 0.09%. The Dow Jones Small-Cap Growth TSM Index closed at 9,580.58 for a gain of 24.23 points or 0.25%. The Dow Jones Small-Cap Value TSM Index closed at 9,597.27 for a gain of 21.29 points or 0.22%.
Other notable indexes
Other notable index closes included the S&P