U.S. market indexes were higher on Thursday. For the day, the Dow Jones Industrial Average closed at 20662.95 for a gain of 14.80 points or 0.07%. The S&P 500 closed at 2357.49 for a gain of 4.54 points or 0.19%. The Nasdaq Composite closed at 5878.95 for a gain of 14.47 points or 0.25%. The VIX Volatility Index was lower for the day at 12.32 for a loss of -0.57 points or -4.42%.
Thursday’s market movers
Economic reports affecting market trading on Thursday included the following:
- Jobless claims decreased by 25,000 to 234,000.
- Mortgage rates were lower. Freddie Mac reported an average weekly rate on 30-year fixed-rate mortgages of 4.10%, a decrease from 4.14%. The 15-year fixed-rate mortgage average was also lower at 3.36%.
In the Dow Jones Industrial Average, the following stocks led gains:
Caterpillar (CAT, Financial) 1.68%
ExxonMobil (XOM, Financial) 0.57%
Chevron (CVX, Financial) 0.56%
Goldman Sachs (GS, Financial) 0.43%
Home Depot (HD, Financial) 0.38%
JPMorgan (JPM, Financial) 0.37%
In the broad market, energy stocks led gains. Technology was also higher with the S&P 500 technology sector gaining 0.02%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1364.43 for a gain of 12.28 points or 0.91%. The S&P 600 Small-Cap Index closed at 827.87 for a gain of 8.38 points or 1.02%. The Dow Jones Small-Cap Growth TSM Index closed at 8192.45 for a gain of 72.14 points or 0.89%. The Dow Jones Small-Cap Value TSM Index closed at 9548.28 for a gain of 86.17 points or 0.91%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1708.05 for a gain of 13.26 points or 0.78%; the S&P 100 Index at 1043.66 for a loss of -0.05 points or -0.01%; the Russell 3000 Index at 1396.65 for a gain of 4.19 points or 0.30%; the Russell 1000 Index at 1306.85 for a gain of 3.28 points or 0.25%; and the Dow Jones U.S. Select Dividend Index at 652.66 for a gain of 2.86 points or 0.44%.
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