Wednesday, November 20, 2013

It's The Economy Stupid: Market Close

Well, apparently the market didn’t like hearing that the Fed actually has a plan for tapering QE.  Did I miss the memo about it becoming permanent???  See, I thought it was supposed to come to an end by design.  Silly me!  I actually thought that the economy improving well enough to end QE was a good thing.  My bad I guess.

 

As If!  The S&P 500 Index headed for its first three-day slump since September and Treasuries slid again today as the Federal Reserve indicated it may reduce stimulus in coming months as (if?) the economy improves.   According to the record of the Federal Open Market Committee’s Oct. 29-30 meetings, Fed policy makers expect that economic data will show ongoing improvement in the labor market and “thus warrant

trimming the pace of purchases in coming months.”  Great Expectations…

 

So, once again, in summary:  U.S. Stocks down, U.S. Bonds down, European Stocks down, Japanese Stocks down, Gold down, Silver down, Asian Stocks up, Oil up, Gas up.

 

Description

Ticker

Last

Change

% Chg Today

% Chg 1Year

 

STOCK MARKETS

 

 

 

 

 

 

Dow Jones Industrial Average

INDU Index

15900.820

-66.2100

-0.4147

24.3368

 

S&P 500 Index

SPX Index

1781.370

-6.5000

-0.3636

28.2640

 

NASDAQ 100 Index

NDX Index

3367.167

-10.9660

-0.3246

29.7728

 

NASDAQ Composite Index

CCMP Index

3921.270

-10.2830

-0.2616

34.4428

 

Russell 3000 Index

RAY Index

1064.390

-3.6700

-0.3436

29.8876

 

Russell 1000 Index (Large Cap)

RIY Index

990.920

-3.5900

-0.3610

29.1973

 

Russell 2000 Index (Small Cap)

RTY Index

1099.790

-1.5900

-0.1444

38.5458

 

Wilshire 5000 Total Market

W5000 Index

18878.080

-62.7900

-0.3315

30.1249

 

TREASURIES

% Yield

 

 

 

 

 

3 Month Treasury

0.0811

 

0.0000

0.0000

 

 

6 Month Treasury

0.0964

 

-0.0050

-5.2632

 

 

2 Year Treasury

0.2742

99.953

0.0234

0.0235

 

 

5 Year Treasury

1.3713

99.406

-0.1016

-0.1021

 

 

10 Year Treasury

2.7878

99.609

-0.7656

-0.7628

 

 

30 Year Treasury

3.8983

97.219

-1.8906

-1.9076

 

 

ENERGY

 

 

 

 

 

 

Crude Oil, Brent Index

Brent Crude

107.880

0.9600

0.8979

3.7921

 

Crude Oil, Louisiana Lt. Sweet

LA Lt Sweet

97.330

0.3400

0.3506

-11.0000

 

Natural Gas, Henry Hub Index

Nat Gas

3.676

0.1200

3.3746

-14.8517

 

PRECIOUS METALS

 

 

 

 

 

 

Spot Gold $/oz

GOLD

1244.650

-31.0000

-2.4301

-27.9135

 

Spot Silver $/oz

SILVER

19.861

-0.5095

-2.5012

-40.0724

 

CURRENCIES

 

 

 

 

 

 

Euro

EUR Curncy

0.744

0.0057

0.7717

-4.5629

 

Japanese Yen

JPY Curncy

100.030

-0.1100

-0.1098

-18.3118

 

British Pound

GBP Curncy

0.621

0.0006

0.0967

-1.1148

 

Swiss Franc

CHF Curncy

0.917

0.0056

0.6147

2.5753

 

Canadian Dollar

CAD Curncy

1.045

-0.0018

-0.1719

-4.5846

 

Chinese Renminbi

CNY Curncy

6.092

0.0006

0.0098

2.3281

 

FOREIGN INDICIES

 

 

 

 

 

 

EURO STOXX 600 INDEX

EUROPE

307.840

-0.3800

-0.1233

24.3999

 

FTSE 100 INDEX

UK

6681.080

-16.9300

-0.2528

16.2311

 

CAC 40 INDEX

FRANCE

4268.370

-3.9200

-0.0918

23.2899

 

DAX INDEX

GERMANY

9202.070

8.7800

0.0955

28.2878

 

NIKKEI 225 INDEX

JAPAN

15076.080

-50.4800

-0.3337

63.4703

 

HANG SENG INDEX

HONG KONG

23700.860

43.0500

0.1820

10.1118

 

TEL AVIV 100 INDEX

ISRAEL

2206.613

13.4880

0.6150

8.6831

 

SHANGHAI COMP INDEX

CHINA

2206.613

13.4880

0.6150

8.6831

 

 

Last

Chg Today

% Chg Today

3 Mo Tot Ret

6 Mo Tot Ret

YTD Tot Ret

S&P 500 INDEX

1781.370

-6.500

-0.3636

8.2983

7.969

27.198

S&P 500 CONSUMER DISCRETION

505.870

-2.654

-0.5220

9.7405

12.147

36.129

S&P 500 CONSUMER STAPLES

440.790

-2.070

-0.4674

7.6403

4.470

25.056

S&P 500 ENERGY

636.820

-1.890

-0.2959

9.0839

5.564

22.046

S&P 500 FINANCIALS

283.580

-1.010

-0.3549

6.1852

6.368

30.236

S&P 500 HEALTH CARE

627.700

1.580

0.2523

9.9255

12.273

37.901

S&P 500 INDUSTRIALS

428.410

-2.250

-0.5225

11.3866

13.257

32.818

S&P 500 INFO TECHNOLOGY

547.820

-1.600

-0.2912

7.6227

7.988

20.090

S&P 500 MATERIALS

277.900

-2.280

-0.8138

9.2310

8.350

19.340

S&P 500 TELECOM SERVICES

157.830

-1.370

-0.8606

5.9614

-2.707

12.953

S&P 500 UTILITIES

195.090

-2.360

-1.1952

3.7711

-1.926

13.809

 

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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