Dow Jones Stays Above 20,000 on Thursday

U.S. market indexes were mixed on Thursday with the Dow Jones reaching a new high. For the day, the Dow Jones Industrial Average closed at 20100.91 for a gain of 32.40 points or 0.16%. The S&P 500 closed at 2296.68 for a loss of -1.69 points or -0.07%. The Nasdaq Composite closed at 5655.18 for a loss of -1.16 points or -0.02%. The VIX Volatility Index was lower for the day at 10.63 for a loss of -0.18 points or -1.67%.

Thursday’s market movers

Economic reports affecting market trading included the following:

• International trade in goods reported a deficit of -$65.0 billion.
• Jobless claims increased by 22,000 to 259,000.
• The Chicago Fed National Activity Index increased to 0.14 from -0.33.
• The PMI Services Index increased to 55.1 from 53.4.
• New home sales decreased to 536,000 SAAR from 598,000 SAAR.
• The Leading Indicators Index increased 0.5%.

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

DuPont (DD, Financial) 1.72%

Boeing (BA, Financial) 1.05%

Goldman Sachs (GS, Financial) 0.98%

UnitedHealth (UNH, Financial) 0.94%

Microsoft (MSFT, Financial) 0.93%

JPMorgan (JPM, Financial) 0.84%

In the broad market, materials led gains. Technology was lower with the S&P 500 technology sector down 0.28%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1375.60 for a loss of -6.84 points or -0.49%. The S&P 600 Small-Cap Index closed at 841.79 for a loss of -4.99 points or -0.59%. The Dow Jones Small-Cap Growth TSM Index closed at 8149.07 for a loss of -37.68 points or -0.46%. The Dow Jones Small-Cap Value TSM Index closed at 9831.93 for a loss of -22.28 points or -0.23%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1704.98 for a loss of -5.31 points or -0.31%; the S&P 100 Index at 1013.12 for a loss of -0.12 points or -0.01%; the Russell 3000 Index at 1366.37 for a loss of -1.62 points or -0.12%; the Russell 1000 Index at 1275.30 for a loss of -1.10 points or -0.09%; and the Dow Jones U.S. Select Dividend Index at 643.68 for a loss of -2.32 points or -0.36%.

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