It's The Economy Stupid: Market Close

      U.S. stocks rose on better-than-estimated earnings and gold advanced while the dollar weakened as investors assessed manufacturing data from the world’s two largest economies.

      Chinese stocks fell as their benchmark money-market rate jumped the most since June as the People’s Bank of China refrained from adding funds to markets.  Gold climbed 1.1 percent to $1,349 an ounce, while oil reversed an earlier loss. Treasury 10-year note yields were little changed, trading at almost a three-month low.

      Chinese manufacturing output strengthened this month more than anticipated, while U.S. factory output expanded in October at a slower pace than forecast. Another report showed euro-area services and manufacturing grew less than estimated. The U.S. trade deficit was little changed in August as imports and exports stalled.

      About 47 companies in the S&P 500 are scheduled to post earnings results today, the busiest day of the third-quarter reporting season.

 

Description	Ticker	Last	Change	% Chg Today	% Chg 1Year
STOCK MARKETS
Dow Jones Industrial Average	INDU Index	15506.830	93.5000	0.6066	18.6540
S&P 500 Index	SPX Index	1751.620	5.2400	0.3000	24.4721
NASDAQ 100 Index	NDX Index	3362.375	16.3250	0.4879	26.6930
NASDAQ Composite Index	CCMP Index	3928.960	21.8860	0.5602	31.8039
Russell 3000 Index	RAY Index	1053.360	3.9600	0.3774	26.7951
Russell 1000 Index (Large Cap)	RIY Index	978.300	3.4000	0.3488	25.9292
Russell 2000 Index (Small Cap)	RTY Index	1118.690	7.7600	0.6985	37.4915
Wilshire 5000 Total Market	W5000 Index	18731.510	76.7500	0.4114	27.1794
TREASURIES	% Yield
3 Month Treasury	0.0355		0.0000	0.0000
6 Month Treasury	0.0761		0.0050	7.6923
2 Year Treasury	0.3028	99.898	0.0078	0.0078
5 Year Treasury	1.2946	100.367	-0.0625	-0.0622
10 Year Treasury	2.5124	99.859	-0.1250	-0.1250
30 Year Treasury	3.6050	100.234	-0.3125	-0.3108
ENERGY
Crude Oil, Brent Index	Brent Crude	106.900	-0.9000	-0.8349	5.1204
Crude Oil, Louisiana Lt. Sweet	LA Lt Sweet	97.860	0.5000	0.5136	-8.9100
Natural Gas, Henry Hub Index	Nat Gas	3.641	0.0220	0.6079	-10.9180
PRECIOUS METALS
Spot Gold $/oz	GOLD	1345.970	12.5500	0.9412	-20.8308
Spot Silver $/oz	SILVER	22.691	0.1395	0.6186	-28.3049
CURRENCIES
Euro	EUR Curncy	0.725	-0.0014	-0.1929	-6.0067
Japanese Yen	JPY Curncy	97.300	-0.0800	-0.0822	-18.0025
British Pound	GBP Curncy	0.617	-0.0015	-0.2424	-1.0104
Swiss Franc	CHF Curncy	0.892	-0.0001	-0.0112	4.5169
Canadian Dollar	CAD Curncy	1.043	0.0043	0.4142	-4.6724
Chinese Renminbi	CNY Curncy	6.082	-0.0026	-0.0427	2.7023
FOREIGN INDICIES
FTSE 100 INDEX	UK	6713.180	38.7000	0.5798	15.6492
CAC 40 INDEX	FRANCE	4275.690	15.0300	0.3528	24.7834
DAX INDEX	GERMANY	8980.630	60.7700	0.6813	24.8550
NIKKEI 225 INDEX	JAPAN	14486.410	60.3600	0.4184	59.9789
HANG SENG INDEX	HONG KONG	22835.820	-164.1300	-0.7136	4.7023
SHANGHAI COMP INDEX	CHINA	2164.322	-18.7850	-0.8605	2.9855
	Last	Chg Today	% Chg Today	3 Mo Tot Ret	6 Mo Tot Ret	YTD Tot Ret
S&P 500 INDEX	1751.620	5.240	0.3000	4.5620	12.258	25.054
S&P 500 CONSUMER DISCRETION	498.090	4.704	0.9534	6.3980	17.141	33.930
S&P 500 CONSUMER STAPLES	431.030	-0.800	-0.1853	1.8239	4.034	22.291
S&P 500 ENERGY	627.250	3.650	0.5853	3.3975	11.278	19.945
S&P 500 FINANCIALS	279.740	0.300	0.1074	1.0454	12.957	28.282
S&P 500 HEALTH CARE	610.040	-0.060	-0.0098	4.7128	12.234	33.891
S&P 500 INDUSTRIALS	419.620	3.060	0.7346	7.9982	19.241	29.909
S&P 500 INFO TECHNOLOGY	539.240	2.490	0.4639	6.9906	15.119	17.971
S&P 500 MATERIALS	278.090	1.400	0.5060	10.2007	14.493	19.229
S&P 500 TELECOM SERVICES	156.670	-1.560	-0.9859	-0.0448	-2.100	12.166
S&P 500 UTILITIES	197.090	-0.470	-0.2379	0.8345	-3.300	14.381

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us