US Market Indexes Close Lower Friday, Report Weekly Gains

The Dow Jones Industrial Average closed at 25,270.83 on Friday with a loss of -109.91 points or -0.43%. The S&P 500 closed at 2,723.06 for a loss of -17.31 points or -0.63%. The Nasdaq Composite closed at 7,356.99 for a loss of -77.06 points or -1.04%. The VIX Volatility Index was higher at 19.51 for a gain of 0.17 points or 0.88%.

For the week, the Dow Jones gained 1.5%, the Nasdaq gained 1.2% and the S&P 500 gained 1.0%. Year to date, the Nasdaq has a gain of 5.00%, the Dow Jones has a gain of 1.80% and the S&P 500 has a gain of 1.01%.

Friday’s market movers

U.S. market indexes ended a three-day winning streak but ended in positive territory for the week and year. Losses were influenced by the highest trade deficit report in seven months and a drop in Apple shares after the company’s earnings report. Apple was down 6.63% on Friday after beating estimates but disappointing analysts on sales guidance.

Economic reports affecting market trading included the following:

The October Employment report was released, showing 250,000 new nonfarm payrolls, beating the consensus outlook of 190,000. The unemployment rate was unchanged at 3.7%. The Balance of Trade report showed a deficit of -$54 billion, higher than consensus of -$53.6 billion. Factory orders increased 0.7% in September, beating consensus of 0.5%.

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

Small-cap stocks

In small caps, the Russell 2000 closed at 1,547.98 for a gain of 3.00 points or 0.19%. The S&P 600 closed at 973.43 for a gain of 4.55 points or 0.47%. The Dow Jones Small-Cap Growth TSM Index closed at 9,645.15 for a loss of -1.44 points or -0.01%. The Dow Jones Small-Cap Value TSM Index closed at 9,659.19 for a

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