US Indexes Close Lower for the Week of Sept. 11

The Dow Jones Industrial Normal closed at 27,665.sixty four on Friday with a achieve of 131.06 points or .48%. The S&P five hundred closed at 3,340.ninety seven for a achieve of one.78 points or .05%. The Nasdaq Composite closed at ten,853.fifty five for a loss of sixty six.05 points or -.60%. The VIX Volatility Index was decrease at 26.81 for a loss of 2.ninety points or -nine.76%.

For the week, the Nasdaq returned -4.one%, the S&P five hundred was down -2.five% and the Dow Jones was down -one.7%. So much this year, the Nasdaq has a achieve of 21.7%, the S&P five hundred is up 3.forty one% and the Dow Jones is down -3.fifty two%.

Friday’s Industry Movers

The significant U.S. indexes have been mostly flat Friday and closed decrease for the week. Traders have been careful after a stimulus bill was blocked yesterday, leaving essentially nothing at all now on the desk for negotiation.

Throughout sectors, technological know-how led the day’s losses. The S&P five hundred industrial and components sectors the two led gains, up close to one.3%.

Throughout the board, the subsequent shares led losses and gains:

Economic experiences influencing industry trading included the subsequent:

  • The Shopper Price tag Index elevated .4% in August and one.3% year in excess of year. The Core Shopper Price tag Index elevated .4% in August and one.7% year in excess of year.
  • The Treasury’s August Regular monthly Budget Assertion confirmed a deficit of $200 billion, subsequent a deficit of $sixty three billion.
  • The Baker Hughes oil rig count confirmed two much less rigs in the U.S., four rigs added internationally and no transform in Canada.

Little-Cap Shares

In smaller-caps, the Russell 2000 closed at one,497.27 for a loss of ten.48 points or -.70%. The S&P 600 closed at 861.ninety three for a loss of five.60 points or -.sixty five%. The Dow Jones U.S. Little-Cap Expansion Index closed at ten,431.46 for a loss of fifty five.84 points or -.53%. The Dow Jones U.S. Little-Cap Price Index closed at 6,966.56 for a loss of 27.92 points or -.forty%.

Other Notable Indexes

Other notable index closes included the S&P 400 Mid-Cap Index at one,854.87 for a loss of 2.28 points or -.12% the S&P 100 at one,549.92 for a loss of one.11 points or -.072% the Nasdaq 100 at 11,087.forty for a loss of sixty six.72 points or -.60% the Russell 3000 at one,946.98 for a loss of .56 points or -.029% the Russell one thousand at one,852.12 for a achieve of .twenty points or .011% the Wilshire 5000 at 34,025.96 for a loss of nine.09 points or -.027% and the Dow Jones US Decide on Dividend Index at 596.00 for a achieve of five.70 points or .ninety seven%.

Not a Top quality Member of GuruFocus? Signal up for a free 7-working day demo right here.

About the writer:

Julie Younger

Julie Younger is a money writer with complete knowledge in the financial services business. She writes about investments, financial commitment solutions, money industry news and economic traits. Julie has a Grasp of Science in finance from Boston School and a Bachelor of Science in finance from the University of Arkansas.

Next Post

Mason Hawkins' Firm Bets Big on Eastman Kodak Co

Mason Hawkins (Trades, Portfolio)’ Southeastern Asset Management has uncovered a sizeable enhance in their keeping of Eastman Kodak Co. (NYSE:KODK). The business, led by Hawkins because 1975, normally takes a benefit-centered approach to investing. It seeks to reach outstanding prolonged-phrase functionality by getting fairness securities in comprehensible enterprises with solid […]