U.S. market indexes were lower on Thursday. For the day, the Dow Jones Industrial Average closed at 20919.42 for a loss of -23.69 points or -0.11%. The S&P 500 closed at 2394.44 for a loss of -5.19 points or -0.22%. The Nasdaq Composite closed at 6115.96 for a loss of -13.18 points or -0.22%. The VIX Volatility Index was higher for the day at 10.59 for a gain of 0.38 points or 3.72%.
Thursday’s market movers
Disappointing retail stock earnings weighed on valuations for the day. Economic reports affecting trading included the following:
- Jobless claims decreased by 2,000 for the week to 236,000.
- The Producer Price Index increased by 0.5% for the month and reported an annual increase of 2.5%.
In the Dow Jones Industrial Average, the following stocks led losses:
Microsoft (MSFT, Financial) -1.23%
Home Depot (HD, Financial) -1.22%
American Express (AXP, Financial) -0.93%
Intel (INTC, Financial) -0.89%
In the broad market, financial and consumer discretionary stocks led losses. Technology stocks were also lower with the S&P 500 technology sector down -0.13%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1390.20 for a loss of -9.39 points or -0.67%. The S&P 600 Small-Cap Index closed at 845.02 for a loss of -6.29 points or -0.74%. The Dow Jones Small-Cap Growth TSM Index closed at 8397.50 for a loss of -43.39 points or -0.51%. The Dow Jones Small-Cap Value TSM Index closed at 9501.82 for a loss of -72.40 points or -0.76%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1727.54 for a loss of -11.02 points or -0.63%; the S&P 100 Index at 1057.24 for a loss of -1.86 points or -0.18%; the Russell 3000 Index at 1418.49 for a loss of -3.97 points or -0.28%; the Russell 1000 Index at 1326.93 for a loss of -3.29 points or -0.25%; and the Dow Jones U.S. Select Dividend Index at 650.97 for a loss of -4.52 points or -0.69%.
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