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Julie Young
Julie Young
Articles (547) 

Dow Jones Reaches New High

US markets mixed in Thursday trading

February 17, 2017 | About:

U.S. market indexes were mixed on Thursday with the Dow Jones Industrial Average reaching a new high.

For the day, the Dow Jones Industrial Average closed at 20,619.77 for a gain of 7.91 points or 0.04%. The Standard & Poor's 500 closed at 2,347.22 for a loss of 2.03 points or 0.09%. The Nasdaq Composite closed at 5,814.90 for a loss of 4.54 points or 0.08%. The VIX Volatility Index was lower for the day at 11.76 for a loss of 0.21 points or 1.75%.

Thursday’s market movers

Economic reports affecting market trading on Thursday included the following:

  • Housing starts decreased to a seasonally adjusted annual rate of 1.246 million.
  • Jobless claims increased by 5,000 to 239,000.

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

In the broad market, utilities led gains.

Small-cap stocks

In small-caps, the Russell 2000 closed at 1,399.13 for a loss of 5.07 points or 0.36%. The S&P 600 Small-Cap Index closed at 856.27 for a loss of 1.64 points or 0.19%. The Dow Jones Small-Cap Growth TSM Index closed at 8,329.10 for a loss of 32.24 points or 0.39%. The Dow Jones Small-Cap Value TSM Index closed at 9,878.78 for a loss of 11.99 points or 0.12%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,733.15 for a loss of 1.36 points or 0.08%; the S&P 100 Index at 1,037.56 for a loss of 0.03 points or 0.01%; the Russell 3000 Index at 1,395.79 for a loss of 1.65 points or 0.12%; the Russell 1000 Index at 1,303.24 for a loss of 1.27 points or 0.10%; and the Dow Jones U.S. Select Dividend Index at 651.28 for a gain of 0.82 points or 0.13%.

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About the author:

Julie Young
Julie Young is a financial journalist with comprehensive experience in the financial services industry. She primarily writes about financial market news and economic trends. Julie holds a Master of Science degree in finance from Boston College and a Bachelor of Science degree in finance from the University of Arkansas.

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