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US Indexes Close Higher Again on Thursday

The Dow Jones Industrial Average closed at 28,956.90 on Thursday with a gain of 211.81 points or 0.74%. The S&P 500 closed at 3,274.70 for a gain of 21.65 points or 0.67%. The Nasdaq Composite closed at 9,203.43 for a gain of 74.18 points or 0.81%. The VIX Volatility Index was lower at 12.54 for a loss of 0.91 points or -6.77%.

Thursday's market movers

Investors shrugged off Middle East conflicts and U.S. indexes closed higher for another day on Thursday. All three major indexes reported closing records. Values were helped by reports of steady confidence in China trade negotiations. Media announcements said Vice Premier Liu He is scheduled to sign the Phase One China trade deal next week.

In other news highlights:

  • Boeing's (NYSE:BA) stock was higher Thursday after news reports suggested Wednesday's fallen Ukraine Air Boeing 737 was caused by an Iranian missile strike.
  • Jobless claims decreased to 214,000 from 223,000 in the previous week.
  • The Treasury held auctions for four-week bills at a rate of 1.49%, eight-week bills at a rate of 1.515% and 30-year bonds at a rate of 2.341%.

In the S&P 500, technology and energy led gains. In the Dow Jones Industrial Average, the following stocks led gains:

  • Apple (NASDAQ:AAPL) 2.18%
  • Goldman Sachs (NYSE:GS) 2.04%
  • Coca-Cola (NYSE:KO) 1.82%
  • American Express (NYSE:AXP) 1.81%
  • Boeing (NYSE:BA) 1.54%

Small-cap stocks

In small caps, the Russell 2000 closed at 1,664.99 for a gain of 1.40 points or 0.084%. The S&P 600 closed at 1,015.79 for a loss of 0.72 points or -0.071%. The Dow Jones U.S. Small-Cap Growth Index closed at 10,709.78 for a gain of 20.55 points or 0.19%. The Dow Jones U.S. Small-Cap Value Index closed at 9,816.83 for a loss of 13.38 points or -0.14%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 2,058.05 for a gain of 5.12 points or 0.25%; the S&P 100 at 1,466.47 for a gain of 10.98 points or 0.75%; the Nasdaq 100 at 8,989.63 for a gain of 77.26 points or 0.87%; the Russell 3000 at 1,916.71 for a gain of 11.69 points or 0.61%; the Russell 1000 at 1,809.16 for a gain of 11.69 points or 0.65%; the Wilshire 5000 at 33,443.26 for a gain of 204.89 points or 0.62%; and the Dow Jones U.S. Select Dividend Index at 751.59 for a gain of 2.77 points or 0.37%.

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This article first appeared on GuruFocus.