U.S. market indexes were lower Thursday. The Dow Jones Industrial Average closed at 23,860.46 for a loss of -1032.89 points or -4.15%. The S&P 500 closed at 2,581.00 for a loss of -100.66 points or -3.75%. The Nasdaq Composite closed at 6,777.16 for a loss of -274.82 points or -3.90%. The VIX Volatility Index was higher at 33.66 for a gain of 5.93 points or 21.38%.
Thursday’s market movers
Stocks reported another day of substantial losses with the Dow Jones falling -1,032.89 points. Treasury yields continued to be a factor with the 10-year Treasury yield reaching an intraday high of 2.875%.
Jobless claims was the only market moving report on the economic calendar Thursday. Jobless claims decreased 9,000 to 221,000.
In the Dow Jones Industrial Average, the following stocks led losses:
- American Express (AXP, Financial) -5.62%
- Intel (INTC, Financial) -5.42%
- Caterpillar (CAT, Financial) -5.41%
- Home Depot (HD, Financial) -5.26%
- Travelers (TRV, Financial) -5.02%
- Boeing (BA, Financial) -4.84%
- Nike (NKE, Financial) -4.78%
- Visa (V, Financial) -4.78%
- Microsoft (MSFT, Financial) -4.61%
- JPMorgan (JPM, Financial) -4.42%
In the broad market, the financial and technology sectors reported the greatest losses.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,463.79 for a loss of -44.17 points or -2.93%. The S&P 600 Index closed at 893.05 for a loss of -25.49 points or -2.78%. The Dow Jones Small-Cap Growth TSM Index closed at 9,056.68 for a loss of -304.55 or -3.25%. The Dow Jones Small-Cap Value TSM Index closed at 9,566.03 for a loss of -269.94 points or -2.74%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,801.30 for a loss of -61.24 points or -3.29%; the S&P 100 Index at 1,142.28 for a loss of -45.28 points or -3.81%; the Russell 3000 Index at 1,525.30 for a loss of -57.88 points or -3.66%; the Russell 1000 Index at 1,429.27 for a loss of -55.14 points or -3.71%; and the Dow Jones U.S. Select Dividend Index at 664.39 for a loss of -19.84 points or -2.90%.
