It's The Economy Stupid: Market Close

The market is suffering from the post-holiday bla’s.   Either it ate too much turkey, or it is a turkey.

 

The Dow and the S&P extended declines in the final hour of trading, amid data showed manufacturing unexpectedly climbed last month and reports on holiday retail sales.   The Dow Jones kept its head above 16000 @ 16008.77, off 77 points, down .48%.  The S&P 500 kept its head above 1800 at 1800.99, down 4.91 points, or off .27%.

 

Historically December has been the second-best month for U.S. equity returns, according to S&P 500 index data compiled by Bloomberg that starts in 1928. The average return for the month is 1.5 percent, more than twice the overall monthly mean of 0.6 percent. Should stocks match their historic gains this month, it would put the S&P 500 index at around 1,832 by the end of the month.

 

Description	Ticker	Last	Change	% Chg Today	% Chg 1Year
STOCK MARKETS
Dow Jones Industrial Average	INDU Index	16008.770	-77.6400	-0.4826	22.9026
S&P 500 Index	SPX Index	1800.900	-4.9100	-0.2719	27.1660
NASDAQ 100 Index	NDX Index	3481.151	-6.6690	-0.1912	29.9966
NASDAQ Composite Index	CCMP Index	4045.260	-14.6260	-0.3603	34.3833
Russell 3000 Index	RAY Index	1078.050	-3.5400	-0.3273	28.6717
Russell 1000 Index (Large Cap)	RIY Index	1002.460	-2.5100	-0.2498	27.9676
Russell 2000 Index (Small Cap)	RTY Index	1129.120	-13.7700	-1.2048	37.3759
Wilshire 5000 Total Market	W5000 Index	19137.390	-64.5700	-0.3363	28.8882
TREASURIES	% Yield
3 Month Treasury	0.0558		-0.0050	-9.0909
6 Month Treasury	0.1065		0.0050	5.2632
2 Year Treasury	0.2854	99.930	-0.0078	-0.0078
5 Year Treasury	1.4175	99.195	-0.2266	-0.2279
10 Year Treasury	2.7970	99.594	-0.4531	-0.4529
30 Year Treasury	3.8596	98.063	-0.8594	-0.8687
ENERGY
Crude Oil, Brent Index	Brent Crude	111.460	1.7700	1.6136	5.9606
Crude Oil, Louisiana Lt. Sweet	LA Lt Sweet	97.820	1.6500	1.7157	-11.8000
Natural Gas, Henry Hub Index	Nat Gas	3.965	0.0110	0.2782	-4.6187
PRECIOUS METALS
Spot Gold $/oz	GOLD	1219.980	-33.5100	-2.6733	-28.8564
Spot Silver $/oz	SILVER	19.161	-0.8291	-4.1476	-42.6867
CURRENCIES
Euro	EUR Curncy	0.739	0.0027	0.3669	-3.6027
Japanese Yen	JPY Curncy	102.940	0.5000	0.4881	-20.0894
British Pound	GBP Curncy	0.611	0.0006	0.0982	-1.6093
Swiss Franc	CHF Curncy	0.909	0.0021	0.2317	1.8710
Canadian Dollar	CAD Curncy	1.064	0.0027	0.2544	-6.4931
Chinese Renminbi	CNY Curncy	6.094	0.0021	0.0345	2.1972
FOREIGN INDICIES
EURO STOXX 600 INDEX	EUROPE	310.970	-1.0400	-0.3333	22.0304
FTSE 100 INDEX	UK	6595.330	-55.2400	-0.8306	12.4175
CAC 40 INDEX	FRANCE	4285.810	-9.4000	-0.2188	20.4800
DAX INDEX	GERMANY	9401.960	-3.3400	-0.0355	26.9592
NIKKEI 225 INDEX	JAPAN	15655.070	-6.8000	-0.0434	65.5189
HANG SENG INDEX	HONG KONG	24038.550	157.2600	0.6585	10.4314
TEL AVIV 100 INDEX	ISRAEL	2207.371	-13.1330	-0.5914	12.6344
SHANGHAI COMP INDEX	CHINA	2207.371	-13.1330	-0.5914	12.6344
	Last	Chg Today	% Chg Today	3 Mo Tot Ret	6 Mo Tot Ret	YTD Tot Ret
S&P 500 INDEX	1800.900	-4.910	-0.2719	10.8664	11.613	28.770
S&P 500 CONSUMER DISCRETION	516.540	-2.600	-0.5008	13.6085	17.147	39.118
S&P 500 CONSUMER STAPLES	439.450	-2.130	-0.4824	8.9417	8.103	24.798
S&P 500 ENERGY	632.960	0.300	0.0474	7.0030	8.375	21.352
S&P 500 FINANCIALS	288.320	-0.600	-0.2077	10.7438	9.029	32.473
S&P 500 HEALTH CARE	638.720	0.660	0.1034	12.7924	15.951	40.447
S&P 500 INDUSTRIALS	432.870	-2.040	-0.4691	14.5502	16.566	34.313
S&P 500 INFO TECHNOLOGY	560.610	-1.750	-0.3112	11.5327	11.402	22.931
S&P 500 MATERIALS	278.320	-0.560	-0.2008	10.0346	11.274	19.595
S&P 500 TELECOM SERVICES	154.720	-1.330	-0.8523	4.3609	2.172	10.821
S&P 500 UTILITIES	191.440	-0.730	-0.3799	2.6153	2.630	11.751

 

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Somedays you're the dog, and somedays you're the fire hydrant.

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us