Friday, September 27, 2013

It's The Economy Stupid: Market Close

Well, the market’s down, but not as down as it was.

I hope everyone has a good weekend.

Geaux Tigers!

 

U.S. stocks fell, extending a weekly drop, amid concern a political impasse over the federal budget will hurt the economy. Treasuries rose and the yen strengthened while metals rallied.  The Dow Jones Industrial Average dropped over 70 points to 15258. The Standard & Poor’s 500 Index fell over 5 points to 1,691 in New York while the rate on 10-year Treasury notes lost 2.5 basis points to 2.62 percent. The yen appreciated against all 16 major peers as Japan’s finance minister damped speculation the government will cut the corporate tax rate. The pound advanced against most major currencies as Bank of England Governor Mark Carney told a U.K. newspaper he does not support increasing asset purchases.  Italian bonds and European shares slid following a debt auction.

     The U.S. Senate voted to finance the government through Nov. 15 after removing language to choke off funding for the health care law, putting pressure on the House to avoid a federal shutdown set to start Oct. 1.   Federal Reserve Bank of New York President William C. Dudley said budget battles in Washington are among risks to the economic outlook.

 

Description

Ticker

Last

Change

% Chg Today

% Chg 1Year

 

STOCK MARKETS

 

 

 

 

 

 

Dow Jones Industrial Average

INDU Index

15258.240

-70.0600

-0.4571

13.1670

 

S&P 500 Index

SPX Index

1692.320

-6.3500

-0.3738

16.7284

 

NASDAQ 100 Index

NDX Index

3230.305

-3.7310

-0.1154

14.4498

 

NASDAQ Composite Index

CCMP Index

3781.594

-5.8330

-0.1540

20.5616

 

Russell 3000 Index

RAY Index

1016.800

-3.9800

-0.3899

19.2185

 

Russell 1000 Index (Large Cap)

RIY Index

944.780

-3.7000

-0.3901

18.5478

 

Russell 2000 Index (Small Cap)

RTY Index

1074.190

-4.2200

-0.3913

27.4119

 

Wilshire 5000 Total Market

W5000 Index

18072.740

-69.9200

-0.3854

19.6270

 

TREASURIES

% Yield

 

 

 

 

 

3 Month Treasury

0.0203

 

#N/A N/A

#N/A N/A

 

 

6 Month Treasury

0.0355

 

0.0050

20.0000

 

 

2 Year Treasury

0.3324

99.836

0.0156

0.0157

 

 

5 Year Treasury

1.3993

99.875

0.1641

0.1645

 

 

10 Year Treasury

2.6227

98.922

0.2188

0.2216

 

 

30 Year Treasury

3.6829

98.922

0.1875

0.1899

 

 

ENERGY

 

 

 

 

 

 

Crude Oil, Brent Index

Brent Crude

108.350

-0.8600

-0.7875

3.2178

 

Crude Oil, Louisiana Lt. Sweet

LA Lt Sweet

105.260

-0.1700

-0.1612

-5.8100

 

Natural Gas, Henry Hub Index

Nat Gas

3.595

0.0280

0.7850

-8.6439

 

PRECIOUS METALS

 

 

 

 

 

 

Spot Gold $/oz

GOLD

1336.610

12.5200

0.9456

-24.7118

 

Spot Silver $/oz

SILVER

21.754

0.0240

0.1104

-37.1344

 

CURRENCIES

 

 

 

 

 

 

Euro

EUR Curncy

0.740

-0.0018

-0.2428

-4.5190

 

Japanese Yen

JPY Curncy

98.210

-0.7800

-0.7880

-21.0339

 

British Pound

GBP Curncy

0.620

-0.0039

-0.6256

0.5844

 

Swiss Franc

CHF Curncy

0.906

-0.0043

-0.4724

3.4662

 

Canadian Dollar

CAD Curncy

1.030

-0.0010

-0.0970

-4.8238

 

Chinese Renminbi

CNY Curncy

6.120

-0.0008

-0.0131

2.9984

 

FOREIGN INDICIES

 

 

 

 

 

 

FTSE 100 INDEX

UK

6512.660

-52.9300

-0.8062

12.6871

 

CAC 40 INDEX

FRANCE

4186.770

0.0500

0.0012

21.7325

 

DAX INDEX

GERMANY

8661.510

-2.5900

-0.0299

18.8133

 

NIKKEI 225 INDEX

JAPAN

14760.070

-39.0500

-0.2639

66.4014

 

HANG SENG INDEX

HONG KONG

23207.040

82.0100

0.3546

11.3561

 

SHANGHAI COMP INDEX

CHINA

2160.027

4.2180

0.1957

3.5404

 

 

Last

Chg Today

% Chg Today

3 Mo Tot Ret

6 Mo Tot Ret

YTD Tot Ret

S&P 500 INDEX

1692.320

-6.350

-0.3738

5.2683

9.239

20.334

S&P 500 CONSUMER DISCRETION

482.490

0.241

0.0499

8.6507

16.069

29.697

S&P 500 CONSUMER STAPLES

414.600

-2.560

-0.6137

1.2758

2.914

17.327

S&P 500 ENERGY

609.940

-1.890

-0.3089

5.7657

5.269

16.336

S&P 500 FINANCIALS

270.360

-1.070

-0.3942

2.9990

11.487

23.926

S&P 500 HEALTH CARE

587.570

0.270

0.0460

6.1630

12.277

28.762

S&P 500 INDUSTRIALS

403.210

-2.540

-0.6260

8.8997

13.374

24.672

S&P 500 INFO TECHNOLOGY

522.180

-3.110

-0.5921

6.7679

9.284

14.013

S&P 500 MATERIALS

266.060

-3.220

-1.1958

10.2236

9.417

14.068

S&P 500 TELECOM SERVICES

150.190

-1.470

-0.9693

-4.6702

-2.665

6.164

S&P 500 UTILITIES

190.070

-1.300

-0.6793

0.7202

-1.170

10.320

 

 

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us

 

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