Dollar Strengthens, Stocks Slump, Commodities Rise, Treasuries Fall - U.S Daily Markets Wrap
Stocks decline led by decline in large cap and consumer discretionary sector stocks, while 10-year treasury yields decrease, dollar strengthens, and crude oil gains
U.S. stocks fell by 1.6% today fueled by a 0.4% decline in large cap stocks and a 3.6% decline in consumer discretionary stocks. The S&P 500 Index is currently down 17.1% year-to-date, and down 3.9% over the past 12 months. The Dow Jones Industrial Average is currently down 11.9% year-to-date, and down 5.5% over the past 12 months. Elsewhere, commodities climbed 0.6% with gold falling 1.5%, crude oil rising 1.0% and copper falling 2.8%. The yield on 10-year Treasuries is 2.99%, while the dollar strengthened by 0.9% against a basket of other currencies. Meanwhile, investment grade corporate bonds rose by 0.0%, and high yield bonds fell by 0.0%.
Stocks
The S&P 500 Index declined 1.6%.
The Dow Jones Industrial Average declined 1.0%.
The Nasdaq Composite Index rose 0.1%.
The Nasdaq 100 Index declined 0.2%.
The Volatility Index declined 1.3%.
Large cap stocks, as represented by the S&P 100 Index, declined 0.4%.
Mid cap stocks, as represented by the S&P MidCap 400 Index, rose 1.0%.
Small cap stocks, as represented by the S&P SmallCap 600 Index, rose 1.3%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P 500
SPY
-1.6%
-17.1%
-3.9%
+38.2%
+79.0%
Dow Jones Industrial Average
DIA
-1.0%
-11.9%
-5.5%
+36.2%
+68.6%
Nasdaq Composite Index
ONEQ
+0.068%
-27.0%
-14.1%
+25.7%
+94.3%
Nasdaq 100 Index
QQQ
-0.20%
-26.6%
-9.9%
+30.1%
+118.9%
CBOE Volatility Index
VXX
-1.3%
+47.2%
-33.8%
-79.1%
+0.1%
S&P Large Cap
OEF
-0.40%
-17.9%
-3.4%
+36.1%
+83.5%
S&P Mid Cap
IJH
+0.98%
-17.0%
-12.3%
+44.0%
+45.7%
S&P Small Cap
IJR
+1.3%
-17.8%
-13.1%
+54.7%
+44.8%
Sectors
Stocks in the Telecom sector rose the most with a 1.8% gain.
Stocks in the Consumer Discretionary sector fell the most with a 3.6% decline.
With a 144.7% gain, stocks in the Technology sector have advanced the most over the past 5 years
With a 14.0% decline, stocks in the Telecom sector have declined the most over the past 5 years
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
Telecom
IYZ
+1.8%
-22.6%
-23.1%
-2.5%
-14.0%
Utilities
IDU
+0.74%
-1.0%
+9.3%
+31.3%
+54.2%
Real Estate
IYR
+0.72%
-19.1%
-1.9%
+31.6%
+38.8%
Energy
IYE
+0.39%
+36.8%
+51.4%
+116.4%
+28.2%
Health Care
IYH
+0.30%
-12.6%
+0.3%
+22.9%
+76.4%
Materials
IYM
+0.037%
-4.3%
-2.3%
+68.0%
+65.3%
Consumer Staples
XLP
-0.43%
-1.2%
+10.1%
+37.6%
+57.5%
Industrials
IYJ
-1.0%
-18.1%
-16.4%
+36.6%
+48.0%
Financials
IYF
-1.1%
-15.3%
-8.2%
+44.7%
+52.9%
Technology
IYW
-3.4%
-27.0%
-5.8%
+37.5%
+144.7%
Consumer Discretionary
XLY
-3.6%
-28.7%
-15.1%
+26.1%
+70.8%
Bonds
The yield on 1-year Treasuries remained unchanged at 2.01% today.
The yield on 5-year Treasuries remained unchanged at 2.91% today.
The yield on 10-year Treasuries remained unchanged at 2.99% today.
The yield on 30-year Treasuries remained unchanged at 3.12% today.
Name
Ticker
Yield
DoD Yield Δ
1-year Treasuries
DGS1
2.01%
0%
5-year Treasuries
DGS5
2.91%
0%
10-year Treasuries
DGS10
2.99%
0%
30-year Treasuries
DGS30
3.12%
0%
Credit
Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index rose by 0.0%.
High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index fell by 0.0%.
Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index rose by 0.1%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
Investment Grade
LQD
+0.045%
-14.6%
-12.2%
-6.4%
+9.2%
High Yield
HYG
-0.039%
-10.4%
-8.4%
+5.2%
+10.4%
Emerging Markets
EMB
+0.062%
-16.8%
-16.5%
-5.6%
-2.9%
Commodities
The S&P GSCI Total Return Index, the leading measure of general commodity price movements, rose by 0.6%
West Texas Intermediate crude oil rose by 1.0%.
Brent crude oil rose by 1.1%.
Gold declined by 1.5%.
Copper declined by 2.8%.
Silver declined by 3.8%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P GSCI Total Return Index
GSG
+0.64%
+37.8%
+50.9%
+163.2%
+65.5%
Bloomberg Commodity Index TR
DJCB
0.0%
+30.2%
+37.9%
+117.4%
+64.8%
Crude Oil West Texas Intermediate
DBO
+1.0%
+33.9%
+54.5%
+219.0%
+123.4%
Brent Crude Oil
BNO
+1.1%
+46.6%
+75.6%
+286.1%
+125.3%
Gold
IAU
-1.5%
+1.1%
+0.5%
+8.6%
+49.5%
Copper
CPER
-2.8%
-6.5%
-14.0%
+70.9%
+55.6%
Silver
SLV
-3.8%
-7.6%
-22.6%
+37.6%
+28.6%
Currencies
The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, strengthened by 0.9% to $28.05 today.
The Euro weakened by 1.3% to $1.04.
The British pound weakened by 0.3% to $1.22.
The Japanese yen weakened by 1.1% to 128.49 per dollar.
