U.S. market indexes were mixed with technology stocks leading gains.
For the day the Dow Jones Industrial Average closed at 21,478.17 for a loss of 1.10 points or 0.01%. The Standard & Poor's 500 closed at 2,432.54 for a gain of 3.53 points or 0.15%. The Nasdaq Composite closed at 6,150.86 for a gain of 40.80 points or 0.67%. The VIX Volatility Index was lower for the day at 11.02 for a loss of 0.20 points or 1.78%.
Wednesday's market movers
Economic reports affecting trading for the day included the following:
- The Federal Reserve released the minutes from its June monetary policy meeting which showed plans for decreasing its balance sheet.
- Factory orders decreased 0.8% for the month following a decrease of 0.3% in the previous month. Factory orders were also below consensus of -0.5%.
In the Dow Jones Industrial Average, the following stocks led losses and gains:
Losses
- Nike (NKE, Financial) -1.79%.
- Disney (DIS, Financial) -1.79%.
- Chevron (CVX, Financial) -1.62%.
- ExxonMobil (XOM, Financial) -1.54%.
Gains
- Intel (INTC, Financial) 2.66%.
- Boeing (BA, Financial) 1.73%.
- Microsoft (MSFT, Financial) 1.36%.
- JPMorgan (JPM, Financial) 1.00%.
In the broad market, energy stocks led losses and technology stocks led gains. Energy stocks in the S&P 500 energy sector reported a loss of 2.03%. Technology stocks in the S&P 500 technology sector reported a gain of 0.94%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,420.15 for a loss of 6.54 points or 0.46%. The S&P 600 Small-Cap Index closed at 857.25 for a loss of 6.09 points or 0.71%. The Dow Jones Small-Cap Growth TSM Index closed at 8,581.16 for a loss of 7.62 points or 0.09%. The Dow Jones Small-Cap Value TSM Index closed at 9,582.48 for a loss of 77.35 points or 0.80%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,751.94 for a loss of 6.10 points or 0.35%; the S&P 100 Index at 1,072.77 for a gain of 2.27 points or 0.21%; the Russell 3000 Index at 1,441.80 for a gain of 0.80 points or 0.06%; the Russell 1000 Index at 1,348.18 for a gain of 1.32 points or 0.10%; and the Dow Jones U.S. Select Dividend Index at 660.47 for a loss of 3.46 points or 0.52%.
