U.S. market indexes were lower on Friday. The Dow Jones Industrial Average closed at 22,773.67 for a loss of -1.72 points or -0.01%. The S&P 500 closed at 2,549.33 for a loss of -2.74 points or -0.11%. The Nasdaq Composite closed at 6,590.18 for a gain of 4.82 points or 0.07%. The VIX Volatility Index was higher at 9.68 for a gain of 0.49 points or 5.33%.
For the week, the Dow Jones gained 1.62%, the S&P 500 gained 1.16% and the Nasdaq Composite gained 1.42%.
Friday’s market movers
The Nasdaq Composite reached another new high on Friday while the Dow Jones and S&P 500 were slightly lower. Hurricane effects on the U.S. jobs report for September was a factor.
Economic reports affecting market trading included the following:
- The September Employment Situation report showed a decrease of -33,000 jobs for the month.
- The unemployment rate decreased to 4.2%.
- Wholesale trade reported a 0.9% increase.
- The Baker Hughes rig count decreased to 1,145 from 1,153.
- Consumer credit increased by $13.1 billion.
In the Dow Jones Industrial Average, the following stocks led gains and losses:
Gains
Travelers (TRV, Financial) 0.51%
McDonald's (MCD, Financial) 0.50%
American Express (AXP, Financial) 0.43%
Losses
Chevron (CVX, Financial) -1.31%
Verizon (VZ, Financial) -0.79%
General Electric (GE, Financial) -0.59%
Wal-Mart (WMT, Financial) -0.52%
JPMorgan (JPM, Financial) -0.18%
In the broad market, technology led gains with the S&P 500 technology sector increasing 0.15%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,510.23 for a loss of -1.86 points or -0.12%. The S&P 600 Small-Cap Index closed at 915.10 for a loss of -1.64 points or -0.18%. The Dow Jones Small-Cap Growth TSM Index closed at 9,165.30 for a loss of -8.19 points or -0.09%. The Dow Jones Small-Cap Value TSM Index closed at 10,050.32 for a loss of -36.13 points or -0.36%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,818.43 for a loss of -1.53 points or -0.08%; the S&P 100 Index at 1,125.03 for a loss of -1.47 points or -0.13%; the Russell 3000 Index at 1,513.69 for a loss of -1.63 points or -0.11%; the Russell 1000 Index at 1,413.85 for a loss of -1.50 points or -0.11%; and the Dow Jones U.S. Select Dividend Index at 674.07 for a loss of -2.85 points or -0.42%.
