US Market Indexes Mostly Lower Friday With Losses for the Week
- By Julie Young
U.S. market indexes were mostly lower on Friday. The Dow Jones Industrial Average closed at 21,797.79 for a gain of 13.01 points or 0.06%. The S&P 500 closed at 2,461.43 for a loss of -3.67 points or -0.15%.
The Nasdaq Composite closed at 6,360.19 for a loss of -37.68 points or -0.59%. The VIX Volatility Index was higher for the day at 12.12 for a gain of 0.57 points or 4.94%.
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For the week, the Dow Jones was down -0.84%, the S&P 500 was down -0.54% and the Nasdaq Composite was down -1.13%.
Friday's market movers
Stocks continued to be affected by the hurricane and geopolitical risks. Economic reports affecting market trading on Friday included the following:
Wholesale trade inventories increased 0.6% for the month.
The Baker Hughes rig count increased to 1,146 from 1,144.
Consumer credit reported an increase of $18.5 billion for the month.
In the Dow Jones Industrial Average, the following stocks led losses:
Apple (AAPL) -1.63%
Wal-Mart (WMT) -1.55%
Intel (INTC) -0.98%
Johnson & Johnson (JNJ) -0.92%
Chevron (CVX) -0.91%
Cisco (CSCO) -0.88%
General Electric (GE) -0.83%
Microsoft (MSFT) -0.48%
In the broad market, energy stocks and technology led losses. The S&P 500 energy sector reported a loss of -1.06%. The S&P 500 technology sector reported an increase of -0.82%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,399.43 for a gain of 0.76 points or 0.05%. The S&P 600 Small-Cap Index closed at 838.92 for a gain of 1.51 points or 0.18%. The Dow Jones Small-Cap Growth TSM Index closed a t 8,573.80 for a gain of 2.56 points or 0.03%. The Dow Jones Small-Cap Value TSM Index closed at 9,379.14 for a gain of 25.77 points or 0.28%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,719.09 for a gain of 5.51 points or 0.32%; the S&P 100 Index at 1,086.98 for a loss of -3.43 points or -0.31%; the Russell 3000 Index at 1,455.25 for a loss of -1.58 points or -0.11%; the Russell 1000 Index at 1,363.43 for a loss of -1.66 points or -0.12%; and the Dow Jones US Select Dividend Index at 658.95 for a gain of 2.21 points or 0.34%.
This article first appeared on GuruFocus.
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