U.S. market indexes were lower for the week with gains on Friday. For the day, the Dow Jones Industrial Average closed at 19827.25 for a gain of 94.85 points, or 0.48%. The S&P 500 closed at 2271.31 for a gain of 7.62 points, or 0.34%. The Nasdaq Composite closed at 5555.33 for a gain of 15.25 points, or 0.28%. The VIX Volatility Index was lower at 11.54 for a loss of 1.24 points, or -9.70%.
Friday's market movers
Stocks gained on Friday with the presidential inauguration. Federal Reserve officials speaking on Friday included John Williams and Patrick Harker. Baker Hughes ( BHI ) also reported its North American Rig Count, which showed an increase of 62 oil rigs for the week.
In the Dow Jones Industrial Average, the following stocks led gains:
Merck ( MRK ) up 3.65%.
Procter & Gamble ( PG ) up 3.25%.
IBM ( IBM ) up 2.24%.
In the broad market, the materials sector led gains. Technology was also higher with the S&P 500 technology sector up 0.55%.
In small-caps, the Russell 2000 closed at 1351.85 for a gain of 6.10 points, or 0.45%. The S&P 600 Small-Cap Index closed at 827.56 for a gain of 3.60 points, or 0.44%. The Dow Jones Small-Cap Growth TSM Index closed at 8012.45 for a gain of 27.75 points, or 0.35%. The Dow Jones Small-Cap Value TSM Index closed at 9650.88 for a gain of 52.62 points, or 0.55%.
Other notable indexes
Other notable index closes included the S&P 400 Mid-Cap Index at 1675.68 for a gain of 8.24 points, or 0.49%; the S&P 100 Index at 1003.04 for a gain of 2.93 points, or 0.29%; the Russell 3000 Index at 1350.10 for a gain of 4.52 points, or 0.34%; the Russell 1000 Index at 1260.70 for a gain of 4.10 points, or 0.33%; and the Dow Jones U.S. Select Dividend Index at 635.76 for a gain of 3.28 points, or 0.52%.
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This article first appeared on GuruFocus .
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