US Market Indexes Mostly Higher
- By Julie Young
U.S. market indexes were mostly higher on Friday.
The Dow Jones Industrial Average closed at 22,349.59 for a loss of 9.64 points or 0.04%. The Standard & Poor's 500 closed at 2,502.22 for a gain of 1.62 points or 0.06%. The Nasdaq Composite closed at 6,426.92 for a gain of 4.23 points or 0.07%. The VIX Volatility Index was lower at 9.59 for a loss of 0.08 points or 0.83%.
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For the week, the Dow Jones gained 0.34%, the S&P 500 gained 0.05%, and the Nasdaq Composite lost 0.36%.
Friday's market movers
Threats from North Korea regarding nuclear weapons kept stock valuations from gaining further on Friday. Economic reports affecting market trading included the following:
The Purchasing Managers' Composite Index decreased to 54.6 from 56.0.
The Baker Hughes rig count increased to 1,155 from 1,148.
In the Dow Jones Industrial Average the following stocks led losses and gains:
Losses
Gains
In the broad market, energy stocks led gains, and real estate led losses. Technology was higher with the S&P 500 technology sector gaining 0.05%.
Small-cap stocks
In small-caps, the Russell 2000 Index closed at 1,450.78 for a gain of 6.60 points or 0.46%. The S&P 600 Small-Cap Index closed at 874.87 for a gain of 5.91 points or 0.68%. The Dow Jones Small-Cap Growth TSM Index closed at 8,839.14 for a gain of 31.92 points or 0.36%. The Dow Jones Small-Cap Value TSM Index closed at 9,739.14 for a gain of 47.32 points or 0.49%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1,768.65 for a gain of 5.82 points or 0.33%; the S&P 100 Index at 1,106.61 for a gain of 0.22 points or 0.02%; the Russell 3000 Index at 1,482.86 for a gain of 1.59 points or 0.11%; the Russell 1000 Index at 1,387.33 for a gain of 1.09 points or 0.08%; and the Dow Jones US Select Dividend Index at 666.75 for a gain of 0.10 points or 0.02%.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 8 Warning Signs with UNH. Click here to check it out.
The intrinsic value of UNH