Stocks decline led by decline in large cap and energy sector stocks, while 10-year treasury yields increase, dollar strengthens, and crude oil declines
U.S. stocks remained level today fueled by a 1.3% decline in large cap stocks and a 2.6% decline in energy stocks. The S&P 500 Index is currently down 16.3% year-to-date, and down 9.9% over the past 12 months. The Dow Jones Industrial Average is currently down 13.1% year-to-date, and down 8.3% over the past 12 months. Elsewhere, commodities fell 3.3% with gold falling 1.9%, crude oil falling 4.0% and copper falling 1.1%. The yield on 10-year Treasuries is 3.42%, while the dollar strengthened by 0.1% against a basket of other currencies. Meanwhile, investment grade corporate bonds fell by 0.5%, and high yield bonds fell by 0.6%.
Stocks
The S&P 500 Index stayed level.
The Dow Jones Industrial Average stayed level.
The Nasdaq Composite Index declined 1.3%.
The Nasdaq 100 Index declined 1.7%.
The Volatility Index stayed level.
Large cap stocks, as represented by the S&P 100 Index, declined 1.3%.
Mid cap stocks, as represented by the S&P MidCap 400 Index, declined 0.6%.
Small cap stocks, as represented by the S&P SmallCap 600 Index, declined 0.9%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P 500
SPY
0.0%
-16.3%
-9.9%
+20.0%
+72.1%
Dow Jones Industrial Average
DIA
0.0%
-13.1%
-8.3%
+15.3%
+55.3%
Nasdaq Composite Index
ONEQ
-1.3%
-24.2%
-20.9%
+8.4%
+91.6%
Nasdaq 100 Index
QQQ
-1.7%
-25.5%
-20.8%
+8.6%
+110.4%
CBOE Volatility Index
VXX
0.0%
+3.0%
-27.9%
-81.0%
-30.0%
S&P Large Cap
OEF
-1.3%
-17.7%
-11.3%
+16.7%
+75.0%
S&P Mid Cap
IJH
-0.60%
-13.6%
-7.8%
+31.3%
+49.1%
S&P Small Cap
IJR
-0.86%
-16.3%
-10.8%
+35.3%
+44.9%
Sectors
Stocks in the Consumer Discretionary sector rose the most with a stayed level.
Stocks in the Energy sector fell the most with a 2.6% decline.
With a 126.4% gain, stocks in the Technology sector have advanced the most over the past 5 years
With a 14.1% 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 %
Consumer Discretionary
XLY
0.0%
-21.6%
-12.0%
+9.7%
+86.8%
Technology
IYW
0.0%
-28.7%
-23.1%
+11.1%
+126.4%
Health Care
IYH
0.0%
-11.0%
-6.2%
+19.0%
+62.3%
Consumer Staples
XLP
0.0%
-6.5%
+1.8%
+15.2%
+46.9%
Financials
IYF
0.0%
-13.6%
-9.0%
+29.5%
+47.6%
Industrials
IYJ
0.0%
-16.9%
-15.1%
+12.5%
+42.5%
Materials
IYM
0.0%
-14.2%
-6.0%
+18.4%
+36.5%
Utilities
IDU
0.0%
+7.5%
+14.9%
+33.8%
+55.4%
Telecom
IYZ
-1.1%
-26.5%
-27.5%
-10.8%
-14.1%
Real Estate
IYR
-1.8%
-19.1%
-11.2%
+17.1%
+31.1%
Energy
IYE
-2.6%
+52.2%
+77.6%
+173.9%
+45.7%
Bonds
The yield on 1-year Treasuries increased by 22 basis points to 3.92% today.
The yield on 5-year Treasuries increased by 11 basis points to 3.58% today.
The yield on 10-year Treasuries increased by 5 basis points to 3.42% today.
The yield on 30-year Treasuries decreased by 2 basis points to 3.51% today.
Name
Ticker
Yield
DoD Yield Δ
1-year Treasuries
DGS1
3.92%
+0.22%
5-year Treasuries
DGS5
3.58%
+0.11%
10-year Treasuries
DGS10
3.42%
+0.05%
30-year Treasuries
DGS30
3.51%
-0.02%
Credit
Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index fell by 0.5%.
High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index fell by 0.6%.
Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index fell by 0.0%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
Investment Grade
LQD
-0.48%
-17.1%
-18.6%
-16.6%
+2.8%
High Yield
HYG
-0.63%
-11.7%
-11.5%
-3.9%
+6.7%
Emerging Markets
EMB
-0.047%
-19.9%
-21.9%
-19.1%
-9.8%
Commodities
The S&P GSCI Total Return Index, the leading measure of general commodity price movements, declined by 3.3%
West Texas Intermediate crude oil declined by 4.0%.
Brent crude oil declined by 3.6%.
Gold declined by 1.9%.
Copper declined by 1.1%.
Silver declined by 2.1%.
Name
Ticker
DoD %Δ
YTD %Δ
1 Yr %
2 Yr %
5 Yr %
S&P GSCI Total Return Index
GSG
-3.3%
+29.5%
+37.0%
+110.4%
+50.6%
Bloomberg Commodity Index TR
DJCB
0.0%
+24.4%
+26.2%
+75.1%
+57.5%
Crude Oil West Texas Intermediate
DBO
-4.0%
+24.5%
+31.4%
+145.6%
+102.6%
Brent Crude Oil
BNO
-3.6%
+42.2%
+54.8%
+192.7%
+102.5%
Gold
IAU
-1.9%
-7.5%
-6.3%
-13.9%
+26.1%
Copper
CPER
-1.1%
-22.4%
-20.0%
+11.3%
+11.5%
Silver
SLV
-2.1%
-16.3%
-18.6%
-28.8%
+7.3%
Currencies
The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, strengthened by 0.1% to $29.4 today.
The Euro strengthened by 0.1% to $1.
The British pound weakened by 0.7% to $1.15.
The Japanese yen strengthened by 0.2% to 143.37 per dollar.
