U.S. market indexes were higher on Friday with the Dow Jones and Nasdaq Composite reaching new highs. For the day, the Dow Jones Industrial Average closed at 20624.05 for a gain of 4.28 points or 0.02%. The S&P 500 Index closed at 2351.16 for a gain of 3.94 points or 0.17%. The Nasdaq Composite closed at 5838.58 for a gain of 23.68 points or 0.41%. The VIX Volatility Index was lower for the day at 11.41 for a loss of -0.35 points or -2.98%.
For the week, the Dow Jones gained 1.73%. The S&P 500 gained 1.49% and the Nasdaq Composite gained 1.80%.
Friday’s market movers
Economic reports affecting market trading on Friday included the following:
- E-commerce retail sales increased to a quarterly rate of 1.9% SAAR.
- The Conference Board Leading Economic Index increased 0.6% in January.
- The Baker Hughes North American rig count decreased to 1,082.
In the Dow Jones Industrial Average, the following stocks led gains:
Home Depot (HD, Financial) 1.03%
McDonald's (MCD, Financial) 0.87%
In the broad market, consumer staples led gains. Technology was also higher with the S&P 500 technology sector up 0.35%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1399.86 for a gain of 0.73 points or 0.05%. The S&P 600 Small-Cap Index closed at 855.10 for a loss of -1.17 points or -0.14%. The Dow Jones Small-Cap Growth TSM Index closed at 8346.25 for a gain of 17.15 points or 0.21%. The Dow Jones Small-Cap Value TSM Index closed at 9862.59 for a loss of -16.19 points or -0.16%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1734.76 for a gain of 1.61 points or 0.09%; the S&P 100 Index at 1039.23 for a gain of 1.67 points or 0.16%; the Russell 3000 Index at 1398.04 for a gain of 2.25 points or 0.16%; the Russell 1000 Index at 1305.46 for a gain of 2.22 points or 0.17%; and the Dow Jones U.S. Select Dividend Index at 650.42 for a loss of -0.86 points or -0.13%.
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