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US Market Indexes Mostly Higher With Losses for the Week

- By Julie Young

U.S. market indexes were mostly higher on Friday. For the day, the Dow Jones Industrial Average closed at 21349.63 for a gain of 62.60 points or 0.29%. The S&P 500 closed at 2423.41 for a gain of 3.71 points or 0.15%. The Nasdaq Composite closed at 6140.42 for a loss of -3.93 points or -0.06%. The VIX Volatility Index was lower for the day at 11.18 for a loss of -0.26 points or -2.27%.

For the week, the Dow Jones reported a loss of -0.20%, the S&P 500 was down -0.61% and the Nasdaq Composite fell -1.99%.

For the first half of the year, the Dow Jones has a gain of 8.03%, the S&P 500 has gained 8.25% and the Nasdaq Composite has gained 14.07%

Friday's market movers

Economic reports released on Friday included the following:

  • Personal income increased 0.4% for the month. The PCE Price Index reported an increase of 1.4% for the year.
  • The University of Michigan's Consumer Sentiment Index increased to 95.1 from 94.5.

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

Nike (NKE) 10.96%

Caterpillar (CAT) 1.72%

Home Depot (HD) 0.81%

American Express (AXP) 0.73%

Microsoft (MSFT) 0.66%

In the broad market, industrial stocks led gains and utilities stocks led losses. Technology stocks in the S&P 500 technology sector were lower with a loss of -0.05%.

Small-cap stocks

In small-caps, the Russell 2000 Index closed at 1415.36 for a loss of -0.84 points or -0.06%. The S&P 600 Small-Cap Index closed at 855.85 for a gain of 0.40 points or 0.05%. The Dow Jones Small-Cap Growth TSM Index closed at 8552.26 for a gain of 9.49 points or 0.11%. The Dow Jones Small-Cap Value TSM Index closed at 9547.56 for a loss of -6.06 points or -0.06%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1746.65 for a gain of 2.62 points or 0.15%; the S&P 100 Index at 1067.71 for a gain of 1.03 points or 0.10%; the Russell 3000 Index at 1436.82 for a gain of 2.07 points or 0.14%; the Russell 1000 Index at 1343.52 for a gain of 2.16 points or 0.16%; and the Dow Jones U.S. Select Dividend Index at 660.85 for a gain of 0.80 points or 0.12%.

This article first appeared on GuruFocus.