Dollar Weakens, Treasuries Fall, Commodities Decline, Stocks Slump - U.S Daily Markets Wrap

Stocks decline led by decline in large cap and energy sector stocks, while 10-year treasury yields increase, dollar weakens, and crude oil declines

Sep 08, 2021 by Kwhen Finance Editors

Dollar Weakens, Treasuries Fall, Commodities Decline, Stocks Slump - U.S Daily Markets Wrap
U.S. stocks fell by 0.1% today fueled by a no change in large cap stocks and a 1.2% decline in energy stocks. The S&P 500 Index is currently up 21.4% year-to-date, and up 37.3% over the past 12 months. The Dow Jones Industrial Average is currently up 15.9% year-to-date, and up 29.6% over the past 12 months. Elsewhere, commodities fell 0.0% with gold remaining level, crude oil remaining level and copper remaining level. The yield on 10-year Treasuries is 1.38%, while the dollar remained level against a basket of other currencies. Meanwhile, investment grade corporate bonds remained level, and high yield bonds remained level.

Stocks

  • The S&P 500 Index declined 0.1%.
  • The Dow Jones Industrial Average declined 0.2%.
  • The Nasdaq Composite Index stayed level.
  • The Nasdaq 100 Index declined 0.0%.
  • The Volatility Index stayed level.
  • Large cap stocks, as represented by the S&P 100 Index, stayed level.
  • Mid cap stocks, as represented by the S&P MidCap 400 Index, stayed level.
  • Small cap stocks, as represented by the S&P SmallCap 600 Index, stayed level.
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
S&P 500SPY-0.12%+21.4%+37.3%+56.6%+126.4%
Dow Jones Industrial AverageDIA-0.20%+15.9%+29.6%+36.0%+110.9%
Nasdaq Composite IndexONEQ0.0%+18.8%+41.4%+91.4%+203.4%
Nasdaq 100 IndexQQQ-0.0079%+21.7%+41.9%+101.5%+238.3%
CBOE Volatility IndexVXX0.0%-62.0%-77.4%-74.2%-6.4%
S&P Large CapOEF0.0%+21.9%+35.6%+62.1%+134.6%
S&P Mid CapIJH0.0%+18.8%+47.8%+45.9%+85.4%
S&P Small CapIJR0.0%+21.0%+55.7%+48.2%+88.4%

Sectors

  • Stocks in the Utilities sector rose the most with a 1.8% gain.
  • Stocks in the Energy sector fell the most with a 1.2% decline.
  • With a 282.9% gain, stocks in the Technology sector have advanced the most over the past 5 years
  • With a 22.1% decline, stocks in the Energy sector have declined the most over the past 5 years
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
UtilitiesIDU+1.8%+10.3%+17.6%+12.4%+54.6%
Consumer DiscretionaryXLY+0.11%+15.0%+27.8%+53.1%+144.1%
FinancialsIYF+0.036%+26.6%+46.6%+35.5%+97.9%
Consumer StaplesXLP0.0%+8.0%+12.7%+23.6%+51.5%
TelecomIYZ0.0%+15.3%+25.1%+24.2%+14.1%
Real EstateIYR0.0%+30.5%+38.3%+24.2%+55.9%
IndustrialsIYJ-0.053%+16.8%+38.7%+45.1%+104.7%
Health CareIYH-0.11%+20.2%+33.3%+56.5%+106.6%
TechnologyIYW-0.74%+28.1%+43.1%+114.6%+282.9%
MaterialsIYM-1.0%+16.0%+32.1%+48.9%+76.0%
EnergyIYE-1.2%+31.1%+44.6%-11.4%-22.1%

Bonds

  • The yield on 1-year Treasuries decreased by 42 basis points to 0.08% today.
  • The yield on 5-year Treasuries increased by 32 basis points to 0.82% today.
  • The yield on 10-year Treasuries increased by 88 basis points to 1.38% today.
  • The yield on 30-year Treasuries increased by 149 basis points to 1.99% today.
NameTickerYieldDoD Yield Δ
1-year TreasuriesDGS10.08%-0.42%
5-year TreasuriesDGS50.82%+0.32%
10-year TreasuriesDGS101.38%+0.88%
30-year TreasuriesDGS301.99%+1.49%

Credit

  • Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index stayed level.
  • High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index stayed level.
  • Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index rose by 0.1%.
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
Investment GradeLQD0.0%-1.1%+2.0%+10.8%+27.3%
High YieldHYG0.0%+3.1%+8.9%+10.4%+29.2%
Emerging MarketsEMB+0.066%-0.3%+3.8%+5.9%+20.1%

Commodities

  • The S&P GSCI Total Return Index, the leading measure of general commodity price movements, stayed level
  • West Texas Intermediate crude oil stayed level.
  • Brent crude oil stayed level.
  • Gold stayed level.
  • Copper stayed level.
  • Silver stayed level.
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
S&P GSCI Total Return IndexGSG0.0%+29.8%+52.8%+6.2%+8.6%
Bloomberg Commodity Index TRDJCB0.0%+25.4%+37.6%+23.2%+23.2%
Crude Oil West Texas IntermediateDBO0.0%+50.2%+85.4%+31.4%+45.9%
Brent Crude OilBNO0.0%+47.3%+85.8%+2.8%+29.8%
GoldIAU0.0%-6.1%-7.6%+18.1%+32.1%
CopperCPER0.0%+19.0%+38.3%+57.5%+87.6%
SilverSLV0.0%-9.8%-10.4%+31.4%+19.1%

Currencies

  • The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, stayed level to $24.89 today.
  • The Euro strengthened by 18.3% to $1.18.
  • The British pound strengthened by 38.5% to $1.39.
  • The Japanese yen strengthened by 9.8% to 109.77 per dollar.
NameTickerPriceDoD %Δ
Deutsche Bank Long US Dollar IndexUUP$24.890.0%
EUR-USDEURUSD$1.18+18.3%
GBP-USDGBPUSD$1.39+38.5%
USD-JPYUSDJPY109.77¥+9.8%

Cryptocurrencies

NameTickerPriceDoD %Δ
Bitcoin USDBTCUSD$46926.19NaN%
Ethereum USDETHUSD$3508.47NaN%
Tether USDUSDTUSD$1.00NaN%
XRP USDTXRPUSDT1.11NaN%

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