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Julie Young
Julie Young
Articles (798) 

US Market Indexes Lower on Thursday

Dow Jones closes at 23,860.46

U.S. market indexes were lower Thursday. The Dow Jones Industrial Average closed at 23,860.46 for a loss of -1032.89 points or -4.15%. The S&P 500 closed at 2,581.00 for a loss of -100.66 points or -3.75%. The Nasdaq Composite closed at 6,777.16 for a loss of -274.82 points or -3.90%. The VIX Volatility Index was higher at 33.66 for a gain of 5.93 points or 21.38%.

Thursday’s market movers

Stocks reported another day of substantial losses with the Dow Jones falling -1,032.89 points. Treasury yields continued to be a factor with the 10-year Treasury yield reaching an intraday high of 2.875%.

Jobless claims was the only market moving report on the economic calendar Thursday. Jobless claims decreased 9,000 to 221,000.

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

In the broad market, the financial and technology sectors reported the greatest losses.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1,463.79 for a loss of -44.17 points or -2.93%. The S&P 600 Index closed at 893.05 for a loss of -25.49 points or -2.78%. The Dow Jones Small-Cap Growth TSM Index closed at 9,056.68 for a loss of -304.55 or -3.25%. The Dow Jones Small-Cap Value TSM Index closed at 9,566.03 for a loss of -269.94 points or -2.74%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,801.30 for a loss of -61.24 points or -3.29%; the S&P 100 Index at 1,142.28 for a loss of -45.28 points or -3.81%; the Russell 3000 Index at 1,525.30 for a loss of -57.88 points or -3.66%; the Russell 1000 Index at 1,429.27 for a loss of -55.14 points or -3.71%; and the Dow Jones U.S. Select Dividend Index at 664.39 for a loss of -19.84 points or -2.90%.

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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