US Market Indexes Report Gains for the Week

S&P 500 closes at 2779.03 on Friday with a gain of 0.31%

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Jun 08, 2018
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The Dow Jones Industrial Average closed at 25316.53 on Friday with a gain of 75.12 points or 0.30%. The S&P 500 closed at 2779.03 for a gain of 8.66 points or 0.31%. The Nasdaq Composite closed at 7645.51 for a gain of 10.44 points or 0.14%. The VIX Volatility Index was higher at 12.17 for a gain of 0.04 points or 0.33%.

For the week, the Dow Jones gained 2.8%, the S&P 500 gained 1.6% and the Nasdaq Composite reported a return of 1.2%.

Year to date, the Nasdaq Composite is now up 10.86%, the S&P 500 has a return of 4.35% and the Dow Jones is up 2.93%.

Friday’s Market Movers

US market indexes ended higher on Friday after shaking off early losses from uncertainty around trade tensions at the G-7 trade summit in Canada. Consumer staples, health care, real estate and industrials led gains in the S&P 500. The S&P 500 technology and energy sectors were both lower for the day after rallying earlier in the week.

Economic reports affecting market trading included the following:

  • Wholesale trade inventories reported a monthly increase of 0.1%.
  • The Baker Hughes rig count increased to 1,174 from 1,159.

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

Procter & Gamble (PG, Financial) 1.80%

Walt Disney (DIS, Financial) 1.43%

Travelers (TRV, Financial) 1.18%

Small-Cap Stocks

In small-caps, the Russell 2000 closed at 1672.49 for a gain of 4.72 points or 0.28%. The S&P 600 closed at 1038.61 for a gain of 2.91 points or 0.28%. The Dow Jones Small-Cap Growth TSM Index closed at 10373.94 for a gain of 47.74 points or 0.46%. The Dow Jones Small-Cap Value TSM Index closed at 10557.18 for a gain of 12.36 points or 0.12%.

Other Notable Indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 2000.67 for a gain of 9.89 points or 0.50%; the S&P 100 at 1221.79 for a gain of 3.07 points or 0.25%; the Russell 3000 at 1654.74 for a gain of 5.33 points or 0.32%; the Russell 1000 at 1543.88 for a gain of 5.02 points or 0.33%; and the Dow Jones US Select Dividend Index at 701.84 for a gain of 1.49 points or 0.21%.