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

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

Mar 12, 2021 by Kwhen Finance Editors

Commodities Decline, Stocks Slump, Dollar Strengthens, Treasuries Fall - U.S Daily Markets Wrap
U.S. stocks remained level today fueled by a 0.1% decline in large cap stocks and a 1.0% decline in technology stocks. The S&P 500 Index is currently up 5.3% year-to-date, and up 46.1% over the past 12 months. The Dow Jones Industrial Average is currently up 6.6% year-to-date, and up 40.8% over the past 12 months. Elsewhere, commodities fell 0.5% with gold rising 0.1%, crude oil falling 0.5% and copper rising 0.2%. The yield on 10-year Treasuries is 1.53%, while the dollar strengthened by 0.3% against a basket of other currencies. Meanwhile, investment grade corporate bonds fell by 1.2%, and high yield bonds fell by 0.3%.

Stocks

  • The S&P 500 Index stayed level.
  • The Dow Jones Industrial Average stayed level.
  • The Nasdaq Composite Index declined 0.7%.
  • The Nasdaq 100 Index declined 0.8%.
  • The Volatility Index declined 1.9%.
  • Large cap stocks, as represented by the S&P 100 Index, declined 0.1%.
  • Mid cap stocks, as represented by the S&P MidCap 400 Index, rose 0.9%.
  • Small cap stocks, as represented by the S&P SmallCap 600 Index, rose 1.0%.
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
S&P 500SPY0.0%+5.3%+46.1%+46.7%+113.8%
Dow Jones Industrial AverageDIA0.0%+6.6%+40.8%+32.2%+110.9%
Nasdaq Composite IndexONEQ-0.75%+3.7%+69.2%+80.3%+195.5%
Nasdaq 100 IndexQQQ-0.85%+1.4%+64.1%+84.8%+212.1%
CBOE Volatility IndexVXX-1.9%-15.3%-63.2%-53.8%-47.8%
S&P Large CapOEF-0.11%+4.3%+46.0%+49.9%+118.2%
S&P Mid CapIJH+0.92%+13.9%+67.4%+43.0%+100.4%
S&P Small CapIJR+0.97%+23.9%+84.8%+49.7%+121.3%

Sectors

  • Stocks in the Real Estate sector rose the most with a 1.7% gain.
  • Stocks in the Technology sector fell the most with a 1.0% decline.
  • With a 248.6% gain, stocks in the Technology sector have advanced the most over the past 5 years
  • With a 5.6% decline, stocks in the Energy sector have declined the most over the past 5 years
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
Real EstateIYR+1.7%+4.4%+10.4%+10.7%+39.9%
TelecomIYZ+0.85%+5.6%+20.4%+8.8%+10.1%
Consumer StaplesXLP+0.82%-2.7%+17.2%+27.4%+43.3%
Health CareIYH+0.24%+1.0%+29.9%+33.0%+87.1%
EnergyIYE+0.11%+40.5%+67.5%-13.4%-5.6%
Consumer DiscretionaryXLY0.0%+3.4%+56.9%+55.1%+130.1%
FinancialsIYF0.0%+13.1%+40.7%+31.5%+95.9%
IndustrialsIYJ0.0%+7.1%-23.6%-30.8%+2.3%
MaterialsIYM0.0%+10.4%+71.8%+40.8%+87.8%
UtilitiesIDU0.0%-1.4%+3.8%+9.8%+46.2%
TechnologyIYW-0.97%+2.7%+67.7%+90.8%+248.6%

Bonds

  • The yield on 1-year Treasuries decreased by 42 basis points to 0.08% today.
  • The yield on 5-year Treasuries increased by 30 basis points to 0.8% today.
  • The yield on 10-year Treasuries increased by 103 basis points to 1.53% today.
  • The yield on 30-year Treasuries increased by 174 basis points to 2.24% today.
NameTickerYieldDoD Yield Δ
1-year TreasuriesDGS10.08%-0.42%
5-year TreasuriesDGS50.8%+0.3%
10-year TreasuriesDGS101.53%+1.03%
30-year TreasuriesDGS302.24%+1.74%

Credit

  • Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index fell by 1.2%.
  • High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index fell by 0.3%.
  • Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index fell by 1.2%.
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
Investment GradeLQD-1.2%-5.4%+7.9%+18.3%+30.8%
High YieldHYG-0.28%+0.0%+12.7%+12.2%+35.9%
Emerging MarketsEMB-1.2%-4.6%+11.7%+10.0%+27.0%

Commodities

  • The S&P GSCI Total Return Index, the leading measure of general commodity price movements, declined by 0.5%
  • West Texas Intermediate crude oil declined by 0.5%.
  • Brent crude oil declined by 0.7%.
  • Gold rose by 0.1%.
  • Copper rose by 0.2%.
  • Silver declined by 0.9%.
NameTickerDoD %ΔYTD %Δ1 Yr %2 Yr %5 Yr %
S&P GSCI Total Return IndexGSG-0.54%+19.7%+28.3%-5.6%+4.2%
Bloomberg Commodity Index TRDJCB-0.40%+11.3%+29.4%+9.4%+9.4%
Crude Oil West Texas IntermediateDBO-0.53%+34.9%+68.2%+12.1%+49.0%
Brent Crude OilBNO-0.68%+36.3%+50.4%-7.1%+40.0%
GoldIAU+0.061%-9.4%+5.2%+32.6%+36.2%
CopperCPER+0.24%+17.4%+64.1%+40.3%+71.2%
SilverSLV-0.91%-1.3%+55.2%+68.8%+64.7%

Currencies

  • The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, strengthened by 0.3% to $24.69 today.
  • The Euro strengthened by 19.7% to $1.2.
  • The British pound strengthened by 39.2% to $1.39.
  • The Japanese yen strengthened by 9.0% to 109.03 per dollar.
NameTickerPriceDoD %Δ
Deutsche Bank Long US Dollar IndexUUP$24.69+0.3%
EUR-USDEURUSD$1.20+19.7%
GBP-USDGBPUSD$1.39+39.2%
USD-JPYUSDJPY109.03¥+9.0%

Cryptocurrencies

  • Bitcoin declined by NaN% to $57412.9 today.
  • Ethereum declined by NaN% to $1768.35.
  • Tether declined by NaN% to $1.000872341441832.
  • XRP declined by NaN% to $0.43.
NameTickerPriceDoD %Δ
Bitcoin USDBTCUSD$57412.90NaN%
Ethereum USDETHUSD$1768.35NaN%
Tether USDUSDTUSD$1.00NaN%
XRP USDXRPUSD$0.43NaN%

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