1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Julie Young
Julie Young
Articles (669) 

US Market Indexes Lower on Thursday

Dow Jones closes at 21,784.78

September 08, 2017 | About:

U.S. market indexes were lower Thursday.

The Dow Jones Industrial Average closed at 21,784.78 for a loss of 22.86 points or 0.10%. The Standard & Poor's 500 closed at 2,465.10 for a loss of 0.44% or 0.02%. The Nasdaq Composite closed at 6,397.87 for a loss of 4.55 points or 0.07%. The VIX Volatility Index was lower at 11.56 for a loss of 0.07 points or 0.60%.

Thursday’s market movers

Financial and consumer discretionary stocks kept indexes lower for the day. Economic reports affecting market trading included the following:

  • Jobless claims increased by 62,000 to 298,000.
  • Productivity and costs were reported. Productivity increased to a seasonally adjusted annual growth rate of 1.5%. Unit labor costs increased to a seasonally adjusted annual growth rate of 0.2%.

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

In the broad market, financial stocks led losses. Technology stocks gained for the day with the S&P 500 technology sector up 0.34%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,398.67 for a loss of 3.52 points or 0.25%. The S&P 600 closed at 837.41 for a loss of 2.53 points or 0.30%. The Dow Jones Small-Cap Growth TSM Index closed at 8,571.24 for a loss of 8.16 points or 0.10%. The Dow Jones Small-Cap Value TSM closed at 9,353.37 for a loss of 56.00 points or 0.60%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,713.58 for a loss of 6.09 points or 0.35%; the S&P 600 Index at 837.41 for a loss of 2.53 points or 0.30%; the Russell 3000 Index at 1,456.83 for a loss of 0.95 points or 0.06%; the Russell 1000 Index at 1,365.09 for a loss of 0.68 points or 0.05%; and the Dow Jones US Select Dividend Index at 656.74 for a loss of 0.79 points or 0.12%.

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.

Rating: 5.0/5 (1 vote)



Please leave your comment:

GuruFocus has detected 2 Warning Signs with Walt Disney Co $DIS.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Julie Young

User Generated Screeners

pbarker46Begin here 3
DBrizan2017sep22 1045p
andrewgu999nick scali style
liuzishudeep value non-div
star1907Rule #1
star1907C3 20% Growth 5 yr
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat