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Julie Young
Julie Young
Articles (910) 

US Market Indexes Gain Friday With Comments From Economists

Dow Jones closes at 21,813.67

U.S. market indexes gained on Friday. For the day, the Dow Jones Industrial Average closed at 21,813.67 for a gain of 30.27 points or 0.14%. The S&P 500 closed at 2,443.05 for a gain of 4.08 points or 0.17%. The Nasdaq Composite closed at 6,265.64 for a gain of 7.34 points or 0.12%. The VIX Volatility Index was lower for the day at 11.28 for a loss of -0.95 points or -7.77%.

For the week, the Dow Jones gained 0.67%. The S&P 500 gained 0.74% and the Nasdaq Composite gained 0.78%.

Friday’s market movers

Speeches from Mario Draghi and Janet Yellen at the Jackson Hole Economic Policy Symposium helped stocks to gain on Friday. Durable goods orders was the market’s leading report for the day. Durable goods orders decreased by -6.8% for the month and increased 4.2% for the year.

In the Dow Jones Industrial Average, the following stocks led gains:

Home Depot (NYSE:HD) 0.94%

Disney (NYSE:DIS) 0.88%

General Electric (NYSE:GE) 0.78%

Verizon (NYSE:VZ) 0.77%

Chevron (NYSE:CVX) 0.74%

Travelers (NYSE:TRV) 0.72%

Cisco (NASDAQ:CSCO) 0.64%

IBM (NYSE:IBM) 0.56%

In the broad market, real estate stocks led gains. Technology was lower for the day with the S&P 500 technology sector down -0.02%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,377.45 for a gain of 3.58 points or 0.26%. The S&P 600 Small-Cap Index closed at 827.65 for a gain of 3.68 points or 0.45%. The Dow Jones Small-Cap Growth TSM Index closed at 8,369.46 for a gain of 5.92 points or 0.07%. The Dow Jones Small-Cap Value TSM Index closed at 9,393.42 for a gain of 46.12 points or 0.49%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,708.97 for a gain of 7.50 points or 0.44%; the S&P 100 Index at 1,080.02 for a gain of 1.34 points or 0.12%; the Russell 3000 Index at 1,443.36 for a gain of 2.57 points or 0.18%; the Russell 1000 Index at 1,353.12 for a gain of 2.32 points or 0.17%; and the Dow Jones U.S. Select Dividend Index at 656.49 for a gain of 3.26 points or 0.50%.

About the author:

Julie Young
Julie Young is a financial journalist with comprehensive experience in the financial services industry. She primarily writes about financial market news and economic trends. Julie holds a Master of Science degree in finance from Boston College and a Bachelor of Science degree in finance from the University of Arkansas.

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