The Dow Jones Industrial Average closed at 25,848.87 on Friday with a gain of 138.93 points or 0.54%. The S&P 500 closed at 2,822.48 for a gain of 14.00 points or 0.50%. The Nasdaq Composite closed at 7,688.53 for a gain of 57.62 points or 0.76%. The VIX Volatility Index was lower at 12.93 for a loss of 0.57 points or -4.22%.
For the week, the Nasdaq gained 3.1%, the S&P 500 gained 2.4% and the Dow Jones gained 2.2%. For the year, the Nasdaq has a gain of 15.0%, the S&P 500 has a gain of 12.6% and the Dow Jones has a gain of 10.2%.
Friday’s market movers
U.S. market indexes closed higher Friday, reporting their best weekly gains since February. Boeing rebounded, helping the Dow Jones to gain 0.54% for the day. Economic data was also positive, supporting stock demand. On Friday, President Trump also vetoed a resolution blocking his national emergency declaration, which still may face some legal challenges.
Economic reports affecting market trading for the day included the following:
The University of Michigan’s Consumer Sentiment Index increased to 97.8 in March from 93.8. Industrial production increased 0.1% in February and 3.5% year over year. The Baker Hughes North American oil rig count decreased to 1,187 from 1,216.
In the Dow Jones Industrial Average, the following stocks led gains:
In small caps, the Russell 2000 closed at 1,553.53 for a gain of 3.90 points or 0.25%. The S&P 600 closed at 947.26 for a gain of 0.46 points or 0.05%. The Dow Jones Small-Cap Growth TSM Index closed at 9,842.41 for a gain of 23.90 points or 0.24%. The Dow Jones Small-Cap Value TSM Index closed at 9,542.91 for a loss of 6.71 points or -0.07%.
Other notable indexes
Other notable index closes