U.S. market indexes were lower Thursday. The Dow Jones Industrial Average closed at 23,957.89 for a loss of -724.42 points or -2.93%. The S&P 500 closed at 2,643.69 for a loss of -68.24 points or -2.52% The Nasdaq Composite closed at 7,166.68 for a loss of -178.61 points or -2.43%. The VIX Volatility Index was higher at 23.34 for a gain of 5.48 points or 30.68%.
Thursday’s market movers
Stocks fell again on Thursday after reports from the Trump administration on new tariffs for China. The financial and industrial sectors led losses for the day.
Economic reports affecting market trading included the following:
- Jobless claims increased by 3,000 to 229,000.
- The FHFA House Price Index increased 0.8% for the month and 7.3% for the year.
- The Composite Purchasing Managers' Index decreased to 54.3.
- The Index of Leading Economic Indicators increased 0.6% for the month.
In the Dow Jones Industrial Average, the following stocks led losses:
- Caterpillar (CAT, Financial) -5.71%
- Boeing (BA, Financial) -5.19%
- 3M (MMM, Financial) -4.69%
- JPMorgan (JPM, Financial) -4.17%
Small-cap stocks
In small-caps, the Russell 2000 closed at 1,543.87 for a loss of -35.43 points or -2.24%. The S&P 600 closed at 943.41 for a loss of -20.74 points or -2.15%. The Dow Jones Small-Cap Growth TSM Index closed at 9,596.37 for a loss of -226.49 points or -2.31%. The Dow Jones Small-Cap Value TSM Index closed at 9,813.11 for a loss of -227.63 points or -2.27%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,875.86 for a loss of -48.83 points or -2.54%; the S&P 100 at 1,157.91 for a loss of -31.62 points or -2.66%; the Russell 3000 at 1,568.72 for a loss of -39.85 points or -2.48%; the Russell 1000 at 1,466.92 for a loss of -37.56 points or -2.50%; and the Dow Jones U.S. Select Dividend Index at 673.94 for a loss of -11.44 points or -1.67%.
