Stocks decline led by decline in large cap and materials sector stocks, while 10-year treasury yields increase, dollar strengthens, and crude oil declines
U.S. stocks fell by 1.3% today fueled by a 1.0% decline in large cap stocks and a 2.0% decline in materials stocks. The S&P 500 Index is currently up 19.2% year-to-date, and up 33.8% over the past 12 months. The Dow Jones Industrial Average is currently up 14.5% year-to-date, and up 26.1% over the past 12 months. Elsewhere, commodities fell 0.9% with gold falling 0.1%, crude oil falling 0.8% and copper falling 0.2%. The yield on 10-year Treasuries is 1.34%, while the dollar strengthened by 0.4% against a basket of other currencies. Meanwhile, investment grade corporate bonds fell by 0.2%, and high yield bonds fell by 0.1%.
Stocks
The S&P 500 Index declined 1.3%.
The Dow Jones Industrial Average declined 0.7%.
The Nasdaq Composite Index stayed level.
The Nasdaq 100 Index stayed level.
The Volatility Index rose 6.5%.
Large cap stocks, as represented by the S&P 100 Index, declined 1.0%.
Mid cap stocks, as represented by the S&P MidCap 400 Index, declined 0.8%.
Small cap stocks, as represented by the S&P SmallCap 600 Index, declined 0.1%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P 500
SPY
-1.3%
+19.2%
+33.8%
+52.3%
+126.6%
Dow Jones Industrial Average
DIA
-0.73%
+14.5%
+26.1%
+32.8%
+112.3%
Nasdaq Composite Index
ONEQ
0.0%
+17.1%
+38.8%
+86.5%
+199.8%
Nasdaq 100 Index
QQQ
0.0%
+19.4%
+39.1%
+96.8%
+231.1%
CBOE Volatility Index
VXX
+6.5%
-60.1%
-72.5%
-71.2%
-1.7%
S&P Large Cap
OEF
-0.97%
+19.5%
+32.6%
+57.4%
+133.7%
S&P Mid Cap
IJH
-0.79%
+17.1%
+42.9%
+40.1%
+89.0%
S&P Small Cap
IJR
-0.055%
+19.6%
+52.8%
+39.3%
+91.7%
Sectors
Stocks in the Health Care sector rose the most with a 0.1% gain.
Stocks in the Materials sector fell the most with a 2.0% decline.
With a 274.7% gain, stocks in the Technology sector have advanced the most over the past 5 years
With a 17.0% decline, stocks in the Energy sector have declined the most over the past 5 years
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
Health Care
IYH
+0.13%
+17.7%
+27.7%
+52.8%
+103.5%
Consumer Discretionary
XLY
0.0%
+14.9%
+27.1%
+53.4%
+148.8%
Energy
IYE
0.0%
+33.9%
+51.7%
-14.2%
-17.0%
Telecom
IYZ
-0.53%
+12.9%
+22.6%
+19.4%
+13.4%
Consumer Staples
XLP
-0.54%
+7.1%
+14.0%
+23.9%
+54.0%
Financials
IYF
-0.58%
+25.0%
+43.6%
+31.4%
+101.5%
Real Estate
IYR
-0.95%
+25.9%
+31.6%
+20.1%
+57.6%
Industrials
IYJ
-1.1%
+13.6%
+30.0%
+39.1%
+105.2%
Technology
IYW
-1.4%
+25.1%
+46.1%
+108.0%
+274.7%
Utilities
IDU
-1.5%
+6.8%
+13.9%
+7.6%
+51.4%
Materials
IYM
-2.0%
+12.6%
+22.3%
+40.0%
+78.6%
Bonds
The yield on 1-year Treasuries remained unchanged at 0.07% today.
The yield on 5-year Treasuries increased by 3 basis points to 0.84% today.
The yield on 10-year Treasuries increased by 3 basis points to 1.34% today.
The yield on 30-year Treasuries increased by 1 basis point to 1.88% today.
Name
Ticker
Yield
DoD Yield Δ
1-year Treasuries
DGS1
0.07%
0%
5-year Treasuries
DGS5
0.84%
+0.03%
10-year Treasuries
DGS10
1.34%
+0.03%
30-year Treasuries
DGS30
1.88%
+0.01%
Credit
Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index fell by 0.2%.
High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index fell by 0.1%.
Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index stayed level.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
Investment Grade
LQD
-0.22%
-0.7%
+1.7%
+13.5%
+28.9%
High Yield
HYG
-0.12%
+3.2%
+8.4%
+10.1%
+30.4%
Emerging Markets
EMB
0.0%
-0.8%
+3.4%
+7.2%
+21.7%
Commodities
The S&P GSCI Total Return Index, the leading measure of general commodity price movements, declined by 0.9%
West Texas Intermediate crude oil declined by 0.8%.
Brent crude oil declined by 0.4%.
Gold declined by 0.1%.
Copper declined by 0.2%.
Silver declined by 2.4%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P GSCI Total Return Index
GSG
-0.85%
+32.1%
+48.4%
+4.4%
+14.7%
Bloomberg Commodity Index TR
DJCB
-1.1%
+26.5%
+36.8%
+24.4%
+24.4%
Crude Oil West Texas Intermediate
DBO
-0.83%
+55.6%
+77.1%
+33.4%
+64.2%
Brent Crude Oil
BNO
-0.41%
+52.7%
+77.5%
+2.2%
+45.7%
Gold
IAU
-0.15%
-8.1%
-10.3%
+16.1%
+31.9%
Copper
CPER
-0.19%
+19.9%
+37.1%
+58.5%
+83.5%
Silver
SLV
-2.4%
-15.6%
-17.8%
+23.0%
+16.1%
Currencies
The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, strengthened by 0.4% to $25.02 today.
The Euro weakened by 0.5% to $1.17.
The British pound weakened by 0.5% to $1.37.
The Japanese yen weakened by 0.1% to 109.98 per dollar.
Name
Ticker
Price
DoD %Δ
Deutsche Bank Long US Dollar Index
UUP
$25.02
+0.4%
EUR-USD
EURUSD
$1.17
-0.5%
GBP-USD
GBPUSD
$1.37
-0.5%
USD-JPY
USDJPY
109.98¥
-0.1%
Cryptocurrencies
Bitcoin rose by 0.9% to $47830.82 today.
Ethereum declined by 1.1% to $3413.44 today.
Tether declined by 0.1% to $0.9998066474401062 today.