Dollar Strengthens, Commodities Decline, Stocks Slump, Treasuries Fall - U.S Daily Markets Wrap
Stocks decline led by decline in small cap and materials sector stocks, while 10-year treasury yields increase, dollar strengthens, and crude oil declines
U.S. stocks remained level today fueled by a 1.8% decline in small cap stocks and a 2.5% decline in materials stocks. The S&P 500 Index is currently up 13.3% year-to-date, and up 37.0% over the past 12 months. The Dow Jones Industrial Average is currently up 12.2% year-to-date, and up 31.7% over the past 12 months. Elsewhere, commodities fell 2.5% with gold falling 3.1%, crude oil falling 1.7% and copper falling 3.0%. The yield on 10-year Treasuries is 1.51%, while the dollar strengthened by 0.8% against a basket of other currencies. Meanwhile, investment grade corporate bonds rose by 0.6%, and high yield bonds rose by 0.1%.
Stocks
The S&P 500 Index stayed level.
The Dow Jones Industrial Average stayed level.
The Nasdaq Composite Index rose 1.0%.
The Nasdaq 100 Index rose 1.3%.
The Volatility Index declined 0.6%.
Large cap stocks, as represented by the S&P 100 Index, rose 0.3%.
Mid cap stocks, as represented by the S&P MidCap 400 Index, declined 1.6%.
Small cap stocks, as represented by the S&P SmallCap 600 Index, declined 1.8%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P 500
SPY
0.0%
+13.3%
+37.0%
+51.3%
+122.7%
Dow Jones Industrial Average
DIA
0.0%
+12.2%
+31.7%
+35.9%
+113.9%
Nasdaq Composite Index
ONEQ
+0.96%
+9.0%
+43.2%
+82.9%
+203.3%
Nasdaq 100 Index
QQQ
+1.3%
+8.8%
+41.3%
+89.5%
+229.2%
CBOE Volatility Index
VXX
-0.56%
-52.2%
-78.3%
-70.7%
+17.6%
S&P Large Cap
OEF
+0.26%
+12.5%
+35.8%
+55.1%
+128.0%
S&P Mid Cap
IJH
-1.6%
+18.0%
+49.6%
+46.2%
+96.6%
S&P Small Cap
IJR
-1.8%
+24.8%
+64.6%
+54.3%
+111.2%
Sectors
Stocks in the Technology sector rose the most with a 1.3% gain.
Stocks in the Materials sector fell the most with a 2.5% decline.
With a 274.5% gain, stocks in the Technology sector have advanced the most over the past 5 years
With a 7.1% 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 %
Technology
IYW
+1.3%
+12.0%
+44.6%
+100.4%
+274.5%
Health Care
IYH
+0.88%
+9.3%
+25.7%
+43.0%
+94.4%
Consumer Discretionary
XLY
+0.38%
+7.4%
+34.5%
+48.9%
+134.9%
Utilities
IDU
+0.37%
+5.5%
+13.2%
+11.5%
+47.0%
Real Estate
IYR
+0.16%
+21.3%
+26.5%
+21.4%
+52.6%
Consumer Staples
XLP
0.0%
+4.0%
+20.1%
+24.8%
+48.0%
Financials
IYF
0.0%
+23.3%
+43.4%
+35.7%
+108.3%
Industrials
IYJ
0.0%
+13.6%
+45.0%
+45.7%
+108.8%
Energy
IYE
0.0%
+49.1%
+41.7%
-2.2%
-7.1%
Telecom
IYZ
-0.36%
+12.1%
+20.3%
+19.7%
+14.2%
Materials
IYM
-2.5%
+18.4%
+50.7%
+48.4%
+86.9%
Bonds
The yield on 1-year Treasuries decreased by 42 basis points to 0.08% today.
The yield on 5-year Treasuries increased by 28.999999999999996 basis points to 0.79% today.
The yield on 10-year Treasuries increased by 101 basis points to 1.51% today.
The yield on 30-year Treasuries increased by 170 basis points to 2.2% today.
Name
Ticker
Yield
DoD Yield Δ
1-year Treasuries
DGS1
0.08%
-0.42%
5-year Treasuries
DGS5
0.79%
+0.29%
10-year Treasuries
DGS10
1.51%
+1.01%
30-year Treasuries
DGS30
2.2%
+1.7%
Credit
Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index rose by 0.6%.
High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index rose by 0.1%.
Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index rose by 0.4%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
Investment Grade
LQD
+0.56%
-3.0%
+1.6%
+15.0%
+27.5%
High Yield
HYG
+0.069%
+1.5%
+9.2%
+11.2%
+34.5%
Emerging Markets
EMB
+0.36%
-2.6%
+6.2%
+8.1%
+24.7%
Commodities
The S&P GSCI Total Return Index, the leading measure of general commodity price movements, declined by 2.5%
West Texas Intermediate crude oil declined by 1.7%.
Brent crude oil declined by 1.4%.
Gold declined by 3.1%.
Copper declined by 3.0%.
Silver declined by 4.8%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P GSCI Total Return Index
GSG
-2.5%
+28.3%
+54.5%
+5.3%
+4.1%
Bloomberg Commodity Index TR
DJCB
-3.6%
+20.7%
+49.9%
+18.6%
+18.6%
Crude Oil West Texas Intermediate
DBO
-1.7%
+49.9%
+82.1%
+37.6%
+50.4%
Brent Crude Oil
BNO
-1.4%
+46.7%
+77.0%
+4.5%
+32.7%
Gold
IAU
-3.1%
-4.0%
+5.5%
+35.7%
+40.9%
Copper
CPER
-3.0%
+21.9%
+64.1%
+61.3%
+91.1%
Silver
SLV
-4.8%
+2.8%
+55.4%
+81.6%
+54.9%
Currencies
The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, strengthened by 0.8% to $24.74 today.
The Euro strengthened by 19.1% to $1.19.
The British pound strengthened by 39.3% to $1.39.
The Japanese yen strengthened by 10.3% to 110.27 per dollar.