- By Julie Young

Thebay area aau basketball teams Dow Jones Industrial Average closed at 23,346.24 on Wednesday with a gain of 18.78 points or 0.08%. The S&P 500 closed at 2,510.03 for a gain of 3.18 points or 0.13%. The Nasdaq Composite closed at 6,665.94 for a gain of 30.66 points or 0.46%. The VIX Volatility Index was lower at 23.36 for a loss of 2.06 points or -8.10%.

Wednesday's market movers

Warning! GuruFocus has detected 2 Warning Sign with GS. Click here to check it out.

GS 15-Year Financial Data

The intrinsic value of GS

Peter Lynch Chart of GS

Slowing economic data from China and the continuing government shutdown weighed on U.S. market indexes, which traded in negative territory for most of the day. The three major indexes rebounded in late day trading, starting the year higher after reporting steep annual losses in 2018 that matched the market's returns in 2008. On Wednesday, President Trump and Congressional leaders were scheduled to meet at the White House to discuss ongoing border funding conflicts, which have been the main factor in government budget negotiations.

In the S&P 500, oil price gains helped energy sector stocks, which reported a return of 1.28%. The 10-year Treasury also reported new lows on Wednesday with the yield falling to 2.663%

The Markit Manufacturing PMI was the only major report on Wednesday's economic calendar. The Index decreased to 53.8 in December from 53.9.

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

Goldman Sachs (

GS

)2.56%

DowDuPont (

DWDP

) 1.63%

JPMorgan (

JPM

) 1.60%

Exxon (

XOM

) 1.38%

IBM (

IBM

) 0.99%

Small-cap stocks

In small caps, the Russell 2000 closed at 1,349.53 for a gain of 0.97 points or 0.07%. The S&P 600 closed at 847.10 for a gain of 2.16 points or 0.26%. The Dow Jones Small-Cap Growth TSM Index closed at 8,427.90 for a gain of 25.49 points or 0.30%. The Dow Jones Small-Cap Value TSM Index closed at 8,592.41 for a gain of 36.28 points or 0.42%.

Other notable indexes

Other notable index closes included the S&P 400 Mid-Cap Index at 1,651.76 for a loss of 11.28 points or -0.68%; the S&P 100 at 1,114.83 for a gain of 0.96 points or 0.09%; the Russell 3000 at 1,469.02 for a loss of 3.12 points or -0.21%; the Russell 1000 at 1,380.98 for a loss of 3.28 points or -0.24%; the Wilshire 5000 at 25,793.29 for a gain of 43.57 points or 0.17%; and the Dow Jones U.S. Select Dividend Index at 637.42 for a loss of 1.65 points or -0.26%.

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GuruFocus

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Warning! GuruFocus has detected 2 Warning Sign with GS. Click here to check it out.

GS 15-Year Financial Data

The intrinsic value of GS

Peter Lynch Chart of GS

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