U.S. market indexes were lower on Friday. For the day, the Dow Jones Industrial Average closed at 19843.27 for a loss of -8.97 points or -0.05%. The S&P 500 closed at 2258.07 for a loss of -3.96 points or -0.18%. The Nasdaq Composite closed at 5437.16 for a loss of -19.69 points or -0.36%. The VIX Volatility Index was lower at 12.29 for a loss of -0.50 points or -3.91%.
For the week, the U.S. market indexes were mixed. The Dow Jones Industrial Average gained 0.44%. The S&P 500 was down -0.07% and the Nasdaq Composite was lower by -0.15%.
Friday’s market movers
Economic reports affecting market trading on Friday included the following:
- Housing starts decreased to a seasonally adjusted annual rate of 1.09 million in November.
- The Atlanta Fed Business Inflation Expectations survey reported an increase in the expected annual inflation rate at 2.1%.
- The Baker Hughes North American rig count increased to 871 from 854 in the previous week.
In the Dow Jones Industrial Average, the following stocks led losses:
Caterpillar (CAT, Financial) -2.06%
Goldman Sachs (GS, Financial) -1.69%
Intel (INTC, Financial) -1.28%
JPMorgan (JPM, Financial) -1.23%
In the broad market, financial and technology stocks led losses. The S&P 500 financial sector was down 1.31% and the S&P 500 technology sector was down 1.16%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1364.40 for a loss of -2.01 points or -0.15%. The Russell 1000 Index closed at 1252.21 for a loss of -1.95 points or -0.16%. The S&P 600 Small-Cap Index closed at 842.04 for a loss of -4.06 points or -0.48%. The Dow Jones Small-Cap Growth TSM Index closed at 8029.05 for a loss of -18.14 points or -0.23%. The Dow Jones Small-Cap Value TSM Index closed at 9660.77 for a loss of -5.34 points or -0.06%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1667.73 for a loss of -3.01 points or -0.18%; the S&P 100 Index at 999.89 for a loss of -1.91 points or -0.19%; the Russell 3000 Index at 1342.70 for a loss of -2.08 points or -0.15%; the Russell 1000 Index at 1252.21 for a loss of -1.95 points or -0.16%; and the Dow Jones U.S. Select Dividend Index at 639.32 for a gain of 1.83 points or 0.29%.
Start a free 7-day trial of Premium Membership to GuruFocus.
