US Market Indexes Lower on Friday

Dow Jones closes at 21,674.51

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Aug 18, 2017
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U.S. market indexes were lower Friday. For the day, the Dow Jones Industrial Average closed at 21,674.51 for a loss of -76.22 points or -0.35%. The S&P 500 closed at 2,425.55 for a loss of -4.46 points or -0.18%. The Nasdaq Composite closed at 6,216.53 for a loss of -5.39 points or -0.09%. The VIX Volatility Index was lower for the day at 14.29 for a loss of -1.26 points or -8.10%.

For the week, the Dow Jones was down -0.84%. The S&P 500 reported a loss of -0.64% and the Nasdaq Composite reported a loss of -0.65%

Friday’s market movers

U.S. market indexes reported their second week of losses. On Friday, the University of Michigan’s Consumer Sentiment Index was the market’s leading report. The Consumer Sentiment Index increased to 97.6 from 93.4.

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

Nike (NKE, Financial) -4.37%

Cisco (CSCO, Financial) -2.16%

Home Depot (HD, Financial) -1.46%

UnitedHealth (UNH, Financial) -0.98%

3M (MMM, Financial) -0.89%

General Electric (GE, Financial) -0.85%

American Express (AXP, Financial) -0.82%

IBM (IBM, Financial) -0.71%

In the broad market, real estate stocks led losses. The technology sector was also lower with the S&P 500 technology sector down -0.11%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,357.79 for a loss of -1.15 points or -0.08%. The S&P 600 Small-Cap Index closed at 818.38 for a loss of -1.45 points or -0.18%. The Dow Jones Small-Cap Growth TSM Index closed at 8,269.01 for a loss of -3.58 points or -0.04%. The Dow Jones Small-Cap Value TSM Index closed at 9,265.81 for a loss of -14.78 points or -0.16%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,692.30 for a loss of -3.84 points or -0.23%; the S&P 100 Index at 1,073.52 for a loss of -2.59 points or -0.24%; the Russell 3000 Index at 1,431.52 for a loss of -2.52 points or -0.18%; the Russell 1000 Index at 1,342.68 for a loss of -2.46 points or -0.18%; and the Dow Jones U.S. Select Dividend Index at 648.97 for a loss of -0.06 points or -0.01%.