U.S. Markets closed

US Market Indexes Gain on Wednesday

- By Julie Young

U.S. market indexes were higher on Wednesday. For the day, the Dow Jones Industrial Average closed at 20659.32 for a loss of -42.18 points or -0.20%. The S&P 500 closed at 2361.13 for a gain of 2.56 points or 0.11%. The Nasdaq Composite closed at 5897.55 for a gain of 22.41 points or 0.38%. The VIX Volatility Index was lower for the day at 11.42 for a loss of -0.11 points or -0.95%.


Wednesday's market movers

Economic reports affecting market trading on Wednesday included the following:

  • The Mortgage Bankers Association's mortgage applications index decreased by -0.8%.
  • The Pending Home Sales Index increased by 5.5%.
  • The EIA Petroleum Status report showed an increase of one million barrels in oil inventory for the week.



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

Losses

UnitedHealth (UNH) -1.16%

Travelers (TRV) -1.04%

Cisco (CSCO) -0.82%

Gains

Chevron (CVX) 0.84%

Wal-Mart (WMT) 0.60%

Pfizer (PFE) 0.50%

In the broad market, energy stocks led gains. Technology was also higher with a 0.17% gain from the S&P technology sector.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1371.64 for a gain of 4.38 points or 0.32%. The S&P 600 Small-Cap Index closed at 834.85 for a gain of 1.99 points or 0.24%. The Dow Jones Small-Cap Growth TSM Index closed at 8237.26 for a gain of 34.13 points or 0.42%. The Dow Jones Small-Cap Value TSM Index closed at 9530.47 for a gain of 20.23 points or 0.21%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1709.58 for a gain of 4.49 points or 0.26%; the S&P 100 Index at 1045.69 for a gain of 0.35 points or 0.03%; the Russell 3000 Index at 1399.09 for a gain of 1.96 points or 0.14%; the Russell 1000 Index at 1308.75 for a gain of 1.64 points or 0.13%; the Dow Jones U.S. Select Dividend Index at 652.00 for a gain of 0.62 points or 0.10%.

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This article first appeared on GuruFocus.