U.S. market indexes were lower on Thursday with stocks trending lower for the week. For the day, the Dow Jones Industrial Average closed at 19732.40 for a loss of -72.32 points or -0.37%. The S&P 500 closed at 2263.69 for a loss of -8.20 points or -0.36%. The Nasdaq Composite closed at 5540.08 for a loss of -15.57 points or -0.28%. The VIX Volatility Index was higher for the day at 12.78 for a gain of 0.30 points or 2.40%.
For the week, the Dow Jones, S&P 500 and Nasdaq Composite are all trending lower with losses of approximately -1%.
Thursday's market movers
Economic reports affecting trading for the day included the following:
- Housing starts increased to 1.226 million SAAR.
- Jobless claims decreased by 15,000 to 234,000.
- The EIA Petroleum Status report showed an increase in oil inventory of 2.3 million barrels for the week.
In the Dow Jones Industrial Average, UnitedHealth (UNH, Financial) led gains with a return of 0.6% and ExxonMobil (XOM, Financial) led losses with a return of -1.8%.
In the broad market, real estate led losses and the industrial sector led gains. Technology was lower for the day with the S&P 500 technology sector down -0.14%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1345.74 for a loss of -12.81 points or -0.94%. The S&P 600 Small-Cap Index closed at 823.96 for a loss of -8.61 points or -1.03%. The Dow Jones Small-Cap Growth TSM Index closed at 7984.70 for a loss of -61.88 points or -0.77%. The Dow Jones Small-Cap Value TSM Index closed at 9598.26 for a loss of -86.71 points or -0.90%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1667.44 for a loss of -12.53 points or -0.75%; the S&P 100 Index at 1000.11 for a loss of -3.74 points or -0.37%; the Russell 3000 Index at 1345.58 for a loss of -5.61 points or -0.42%; the Russell 1000 Index at 1256.60 for a loss of -4.67 points or -0.37%; and the Dow Jones U.S. Select Dividend Index at 632.48 for a loss of -4.59 points or -0.72%.
Start a free 7-day trial of Premium Membership to GuruFocus.
