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 20.4% year-to-date, and up 33.9% over the past 12 months. The Dow Jones Industrial Average is currently up 15.1% 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%
+20.4%
+33.9%
+54.2%
+128.8%
Dow Jones Industrial Average
DIA
-0.73%
+15.1%
+26.1%
+33.6%
+113.4%
Nasdaq Composite Index
ONEQ
0.0%
+18.0%
+37.9%
+88.6%
+202.1%
Nasdaq 100 Index
QQQ
0.0%
+20.9%
+38.5%
+100.1%
+235.1%
CBOE Volatility Index
VXX
+6.5%
-62.5%
-74.8%
-73.1%
-7.6%
S&P Large Cap
OEF
-0.97%
+20.7%
+32.7%
+59.4%
+135.9%
S&P Mid Cap
IJH
-0.79%
+18.0%
+43.2%
+40.7%
+90.5%
S&P Small Cap
IJR
-0.055%
+19.7%
+51.7%
+39.1%
+91.8%
Sectors
Stocks in the Consumer Discretionary sector rose the most with a stayed level.
Stocks in the Materials sector fell the most with a 2.0% decline.
With a 280.1% gain, stocks in the Technology sector have advanced the most over the past 5 years
With a 16.3% 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 %
Consumer Discretionary
XLY
0.0%
+15.3%
+25.7%
+54.8%
+149.6%
Health Care
IYH
0.0%
+17.5%
+27.3%
+52.9%
+103.2%
Industrials
IYJ
0.0%
+14.9%
+31.9%
+40.7%
+107.5%
Energy
IYE
0.0%
+35.0%
+53.1%
-15.1%
-16.3%
Telecom
IYZ
-0.53%
+13.5%
+22.6%
+19.6%
+14.0%
Consumer Staples
XLP
-0.54%
+7.6%
+13.9%
+25.2%
+54.8%
Financials
IYF
-0.58%
+25.8%
+42.7%
+32.6%
+102.7%
Real Estate
IYR
-0.95%
+27.1%
+30.3%
+22.6%
+59.1%
Technology
IYW
-1.4%
+26.9%
+46.5%
+111.8%
+280.1%
Utilities
IDU
-1.5%
+8.5%
+14.8%
+10.2%
+53.8%
Materials
IYM
-2.0%
+14.9%
+25.9%
+43.3%
+82.3%
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%
-0.5%
+2.0%
+14.0%
+29.2%
High Yield
HYG
-0.12%
+3.3%
+8.4%
+10.3%
+30.6%
Emerging Markets
EMB
0.0%
-0.5%
+3.3%
+7.9%
+22.1%
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%
+33.3%
+51.6%
+2.2%
+15.7%
Bloomberg Commodity Index TR
DJCB
-1.1%
+27.9%
+38.9%
+25.7%
+25.7%
Crude Oil West Texas Intermediate
DBO
-0.83%
+56.9%
+81.7%
+29.8%
+65.6%
Brent Crude Oil
BNO
-0.41%
+53.3%
+82.4%
-3.3%
+46.3%
Gold
IAU
-0.15%
-7.9%
-10.7%
+16.4%
+32.1%
Copper
CPER
-0.19%
+20.1%
+38.1%
+57.7%
+83.9%
Silver
SLV
-2.4%
-13.5%
-15.8%
+26.9%
+19.0%
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 0.4% 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
-0.4%
GBP-USD
GBPUSD
$1.37
-0.5%
USD-JPY
USDJPY
109.98¥
-0.1%
Cryptocurrencies
Bitcoin rose by 2.8% to $48721.24 today.
Ethereum rose by 1.9% to $3515.39 today.
Tether declined by 0.1% to $0.9994717622565004 today.