The Dow Jones Industrial Average closed at 25,379.45 on Thursday with a loss of -327.23 points or -1.27%. The S&P 500 closed at 2,768.78 for a loss of -40.43 points or -1.44%. The Nasdaq Composite closed at 7,485.14 for a loss of -157.56 points or -2.06%. The VIX Volatility Index was higher at 19.84 for a gain of 2.44 points or 14.02%.
Thursday’s market movers
U.S. market indexes closed lower with higher trading volatility Thursday. The recent selloff has the three major indexes reporting losses over the past 30-day period. The Nasdaq is reporting the greatest loss at -5.9%.
The Treasury has announced a new eight-week Treasury security to complement the one-month and the three-month Treasury. Meanwhile, Treasury rates remain at elevated levels and the Treasury yield curve continues to flatten across maturities.
Economic reports affecting market trading on Thursday included the following:
- Jobless claims were down 5,000 at 210,000.
- The Conference Board’s Leading Economic Indicators Index increased 0.5% in September.
In the Dow Jones Industrial Average, the following stocks led losses:
Small-cap stocks
In small-caps, the Russell 2000 closed at 1,560.75 for a loss of -28.85 points or -1.81%. The S&P 600 closed at 972.21 for a loss of -18.66 points or -1.88%. The Dow Jones Small-Cap Growth TSM Index closed at 9,751.61 for a loss of -194.27 points or -1.95%. The Dow Jones Small-Cap Value TSM Index closed at 9,684.05 for a loss of -136.03 points or -1.39%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,884.59 for a loss of -28.83 points or -1.51%; the S&P 100 at 1,232.83 for a loss of -18.83 points or -1.50%; the Russell 3000 at 1,633.28 for a loss of -24.55 points or -1.48%; the Russell 1000 at 1,530.80 for a loss of -22.59 points or -1.45%; the Wilshire 5000 at 28,622.13 for a loss of -434.09 points or -1.49%; and the Dow Jones U.S. Select Dividend Index at 694.82 for a loss of -2.36 points or -0.34%.
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