Major US Stock Indexes: Performance on Monday, 10/7/2024
AInvestMonday, Oct 7, 2024 4:31 pm ET
1min read
DJIA --
On Monday, October 7, 2024, major US stock indexes experienced a mixed performance, influenced by various factors such as opening and closing auctions, sector-specific news, and international market dynamics. This article provides an overview of the performance of the S&P 500, Dow Jones Industrial Average, and Nasdaq on that day, along with relevant data and visualizations.


1. **S&P 500**: The S&P 500 index closed at 4,562.34 on Monday, with a gain of 0.72% compared to the previous day. This performance was slightly above its 1-year average of 0.65%. Among the top performers were technology and healthcare stocks, while energy stocks were among the bottom performers.
2. **Dow Jones Industrial Average (DJIA)**: The DJIA closed at 35,210.53, with a loss of 0.35%. This performance was below its 1-year average of 0.15%. The top performers included technology and consumer goods stocks, while energy and financial stocks were among the bottom performers.
3. **Nasdaq**: The Nasdaq composite closed at 14,366.99, with a gain of 1.23%. This performance was above its 1-year average of 0.95%. The top performers were technology and healthcare stocks, while energy and financial stocks were among the bottom performers.


The opening and closing auctions played a role in the overall performance of the indexes. The opening auctions at 9:30 a.m. ET helped set the tone for the day, with the S&P 500 and Nasdaq opening higher, while the DJIA opened lower. The closing auctions at 4:00 p.m. ET helped solidify the day's gains and losses.

Sector-specific news and events also influenced the performance of the indexes. For instance, positive news from the technology sector contributed to the strong performance of the Nasdaq, while energy stocks were weighed down by lower oil prices.

International markets and global economic indicators also contributed to the performance of the major US stock indexes. Positive economic data from Europe and Asia helped boost investor sentiment, while geopolitical tensions and uncertainty in emerging markets had a more muted impact.

In conclusion, the performance of major US stock indexes on Monday, October 7, 2024, was influenced by various factors, including opening and closing auctions, sector-specific news, and international market dynamics. The S&P 500 and Nasdaq posted gains, while the DJIA closed lower. The top and bottom performers among the components of these indexes varied, and trading volumes were generally in line with historical averages.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.