The Dow Jones gained on Friday while other leading indexes reported losses. For the day, the Dow Jones Industrial Average closed at 21830.31 for a gain of 33.76 points or 0.15%. The S&P 500 closed at 2472.10 with a loss of -3.32 points or -0.13%. The Nasdaq Composite closed at 6374.68 for a loss of -7.51 points or -0.12%. The VIX Volatility Index was higher at 10.37 for a gain of 0.26 points or 2.57%.
For the week, the Dow Jones gained 0.61%, the S&P 500 reported a loss of -0.02% and the Nasdaq Composite reported a loss of -0.21%.
Friday’s market movers
The Dow Jones Industrial Average closed at an all-time high on Friday with gains from second-quarter earnings reports. Economic reports affecting market trading included the following:
- GDP reported a 2.6% seasonally adjusted annual growth rate.
- The University of Michigan’s Consumer Sentiment Index increased to 93.4 from 93.1.
In the Dow Jones Industrial Average, the following stocks led gains:
Chevron (CVX, Financial) 1.89%
UnitedHealth (UNH, Financial) 1.18%
American Express (AXP, Financial) 1.13%
Travelers Companies (TRV, Financial) 1.06%
In the broad market, health care stocks led gains and consumer staples led losses. Technology stocks decreased with the S&P 500 technology sector down -0.10%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1429.26 for a loss of -4.36 points or -0.30%. The S&P 600 Small-Cap Index closed at 865.00 for loss of -1.69 points or -0.19%. The Dow Jones Small-Cap Growth TSM Index closed at 8655.83 for a loss of -18.50 points or -0.21%. The Dow Jones Small-Cap Value TSM Index closed at 9675.12 for a loss of -40.13 points or -0.41%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1762.34 for a loss of -8.68 points or -0.49%; the S&P 100 Index at 1089.53 for a loss of -2.72 points or -0.25%; the Russell 3000 Index at 1463.64 for a loss of -2.24 points or -0.15%; the Russell 1000 Index at 1369.58 for a loss of -1.93 points or -0.14%; and the Dow Jones U.S. Select Dividend Index at 662.38 for a loss of -3.77 points or -0.57%.