U.S. Markets closed

US Market Indexes Gain on Thursday

- By Julie Young

U.S. market indexes were higher on Thursday. For the day, the Dow Jones Industrial Average closed at 20662.95 for a gain of 14.80 points or 0.07%. The S&P 500 closed at 2357.49 for a gain of 4.54 points or 0.19%. The Nasdaq Composite closed at 5878.95 for a gain of 14.47 points or 0.25%. The VIX Volatility Index was lower for the day at 12.32 for a loss of -0.57 points or -4.42%.


Thursday's market movers

Economic reports affecting market trading on Thursday included the following:

  • Jobless claims decreased by 25,000 to 234,000.
  • Mortgage rates were lower. Freddie Mac reported an average weekly rate on 30-year fixed-rate mortgages of 4.10%, a decrease from 4.14%. The 15-year fixed-rate mortgage average was also lower at 3.36%.



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

Caterpillar (CAT) 1.68%

ExxonMobil (XOM) 0.57%

Chevron (CVX) 0.56%

Goldman Sachs (GS) 0.43%

Home Depot (HD) 0.38%

JPMorgan (JPM) 0.37%

In the broad market, energy stocks led gains. Technology was also higher with the S&P 500 technology sector gaining 0.02%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1364.43 for a gain of 12.28 points or 0.91%. The S&P 600 Small-Cap Index closed at 827.87 for a gain of 8.38 points or 1.02%. The Dow Jones Small-Cap Growth TSM Index closed at 8192.45 for a gain of 72.14 points or 0.89%. The Dow Jones Small-Cap Value TSM Index closed at 9548.28 for a gain of 86.17 points or 0.91%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1708.05 for a gain of 13.26 points or 0.78%; the S&P 100 Index at 1043.66 for a loss of -0.05 points or -0.01%; the Russell 3000 Index at 1396.65 for a gain of 4.19 points or 0.30%; the Russell 1000 Index at 1306.85 for a gain of 3.28 points or 0.25%; and the Dow Jones U.S. Select Dividend Index at 652.66 for a gain of 2.86 points or 0.44%.

Start a free 7-day trial of Premium Membership to GuruFocus.

This article first appeared on GuruFocus.