US Market Indexes Gain on Friday

S&P 500 and Nasdaq Composite report new closing highs

Author's Avatar
Jan 19, 2018
Article's Main Image

U.S. market indexes were higher on Friday. The Dow Jones Industrial Average closed at 26,071.72 for a gain of 53.91 points or 0.21%. The S&P 500 Index closed at 2,810.30 for a gain of 12.27 points or 0.44%. The Nasdaq Composite closed at 7,336.38 for a gain of 40.33 points or 0.55%. The VIX Volatility Index was lower at 11.20 for a loss of -1.02 points or -8.35%.

For the week, the Dow Jones gained 1.07%, the S&P 500 gained 0.53% and the Nasdaq Composite gained 0.50%.

Friday’s market movers

U.S. market indexes were higher Friday despite uncertainty over a government shutdown. The S&P 500 and Nasdaq Composite reported new closing highs. Sectors leading gains included consumer staples, consumer discretionary, real estate and materials.

Economic reports affecting market trading included the following:

  • The University of Michigan's Consumer Sentiment Index was reported at 94.4, decreasing from 95.9.
  • The Baker Hughes rig count increased to 1,261 from 1,215.

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

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,596.52 for a gain of 19.79 points or 1.26%. The S&P 600 Index closed at 976.06 for a gain of 14.25 points or 1.48%. The Dow Jones Small-Cap Growth TSM Index closed at 9,854.19 for a gain of 115.44 points or 1.19%. The Dow Jones Small-Cap Value TSM Index closed at 10,510.50 for a gain of 121.07 points or 1.17%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,978.45 for a gain of 20.15 points or 1.03%; the S&P 100 Index at 1,245.28 for a gain of 3.69 points or 0.30%; the Russell 3000 Index at 1,659.97 for a gain of 8.43 points or 0.51%; the Russell 1000 Index at 1,555.53 for a gain of 7.32 points or 0.47%; and the Dow Jones U.S. Select Dividend Index at 720.00 for a gain of 5.06 points or 0.71%.