U.S. market indexes were mixed on Thursday. For the day, the Dow Jones Industrial Average closed at 19884.91 for a loss of -6.03 points or -0.03%. The S&P 500 closed at 2280.85 for a gain of 1.30 points or 0.06%. The Nasdaq Composite closed at 5636.20 for a loss of -6.45 points or -0.11%. The VIX Volatility Index was higher for the day at 11.93 for a gain of 0.12 points or 1.02%.
Thursday’s market movers
Economic reports affecting market trading included the following:
- Jobless claims decreased by 14,000 to 246,000.
- Productivity and costs reported a quarterly increase of 1.3% SAAR.
In the Dow Jones Industrial Average, the following stocks led losses:
Caterpillar (CAT, Financial) -1.41%
UnitedHealth (UNH, Financial) -1.20%
Microsoft (MSFT, Financial) -0.64%
Disney (DIS, Financial) -0.62%
JPMorgan (JPM, Financial) -0.42%
In the broad market, real estate stocks led gains after the Federal Reserve reported no increase to the federal funds rate. The S&P 500 real estate sector gained 1.19% for the day. Technology reported losses with the S&P 500 technology sector down 0.20%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1357.43 for a loss of -3.80 points or -0.28%. The S&P 600 Small-Cap Index closed at 828.22 for a loss of -4.26 points or -0.51%. The Dow Jones Small-Cap Growth TSM Index closed at 8070.94 for a loss of -18.89 points or -0.23%. The Dow Jones Small-Cap Value TSM Index closed at 9641.53 for a loss of -4.67 points or -0.05%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1684.84 for a gain of 1.34 points or 0.08%; the S&P 100 Index at 1006.15 for a loss of -0.18 points or -0.02%; the Russell 3000 Index at 1356.18 for a gain of 0.65 points or 0.05%; the Russell 1000 Index at 1266.42 for a gain of 0.96 points or 0.08%; and the Dow Jones U.S. Select Dividend Index at 640.75 for a gain of 2.67 points or 0.42%.
Start a free 7-day trial of Premium Membership to GuruFocus.
