Monday, February 3, 2014

It's The Economy Stupid: Market Close

I would like to report that the stock markets did much better today.  But I cannot.  Because they did not

 

U.S. stocks fell, sending benchmark indexes to their biggest declines since June, as a gauge of manufacturing in the world’s largest economy retreated more than estimated.  The S&P 500 Index dropped 2.3 percent to 1,741.89, down 40 points, its lowest level since Oct. 17. The Dow Jones Industrial Average lost over  325 points, or 2.1 percent, to 15,372.80. The gauge has fallen 7.3 percent this year. The benchmark measure for U.S. equities retreated 3.6 percent in January, its worst opening month since 2010, as the gauge retreated in each of the month’s final three weeks, the longest streak since 2012. The S&P 500 has dropped 5.8 percent this year as the Federal Reserve trimmed its bond-buying program for the second time in as many months and emerging-market currencies tumbled amid signs growth was slowing in China. The country’s official Purchasing Managers’ Index decreased to a six-month low in January as output and orders slowed.

 

Treasuries, Gold and Silver rallied as investors raced to safety.  All major foreign stock indices were down.  Crude Oil and Natural Gas were also off.  The Japanese Yen and most foreign currencies took another beating today. 

 

This is getting old.

 

Description

Ticker

Last

Change

% Chg Today

% Chg 1Year

YTD Tot Ret

U.S. STOCK MARKET

 

 

 

 

 

 

Dow Jones Industrial Average

INDU Index

15372.80

-326.050

-2.077

9.729

-7.155

S&P 500 Index

SPX Index

1741.89

-40.700

-2.283

15.108

-5.667

NASDAQ 100 Index

NDX Index

3440.50

-81.420

-2.312

24.477

-4.177

NASDAQ Composite Index

CCMP Index

3996.96

-106.920

-2.605

25.726

-4.244

Russell 3000 Index

RAY Index

1046.22

-26.060

-2.430

16.148

-5.529

Russell 1000 Index (Large Cap)

RIY Index

972.95

-23.530

-2.361

15.818

-5.491

Russell 2000 Index (Small Cap)

RTY Index

1094.59

-36.290

-3.209

20.070

-5.931

Russell Mid Cap Index

RMC Index

1422.92

-38.990

-2.667

17.412

-4.580

Wilshire 5000 Total Market

W5000 Index

18643.10

-462.140

-2.419

16.671

-5.394

FOREIGN STOCKS

 

 

 

 

 

 

FTSE ALL-WORLD INDEX

 

253.91

-4.170

-1.616

7.687

-5.556

FTSE ALL-WORLD EX U.S. INDEX

 

264.71

-2.630

-0.984

1.328

-5.467

FTSE ALL-WORLD DEVELOPED IDX

 

245.99

-4.200

-1.679

10.635

-5.358

FTSE ALL-WORLD DEVL EX U.S.

 

248.94

-2.490

-0.990

5.685

-5.034

FTSE ALL-WORLD DEVL EUROPE

 

244.04

-2.720

-1.102

8.241

-4.887

FTSE ALL-WORLD DEVL ASIA-PAC

 

232.33

-1.940

-0.828

4.282

-5.328

FTSE ALL-WORLD EMERGING MKTS

 

454.11

-4.420

-0.964

-15.888

-7.577

EURO STOXX 600 INDEX

EUROPE

318.21

-4.310

-1.336

10.413

-2.947

EURO STOXX TOTAL MARKET

EUROPE

311.80

-4.180

-1.323

10.898

-2.902

FTSE 100 INDEX

UK

6465.66

-44.780

-0.688

1.866

-4.115

CAC 40 INDEX

FRANCE

4107.75

-57.970

-1.392

8.857

-4.359

DAX INDEX

GERMANY

9186.52

-119.960

-1.289

17.274

-3.828

NIKKEI 225 INDEX

JAPAN

14619.13

-295.400

-1.981

29.828

-10.258

HANG SENG INDEX

HONG KONG

22035.42

-106.190

-0.480

-7.139

-5.453

TEL AVIV 100 INDEX

ISRAEL

2033.08

-16.831

-0.821

-14.771

-3.917

SHANGHAI COMP INDEX

CHINA

2033.08

-16.831

-0.821

-14.771

-3.917

RUSSIAN RTS INDEX

RUSSIA

1289.03

-4.170

-0.322

-20.836

-20.836

TREASURIES

% Yield

 

 

 

 

 

3 Month Treasury

0.0304

 

0.000

0.000

 

 

6 Month Treasury

0.0609

 

0.000

0.000

 

 

2 Year Treasury

0.2961

100.16

0.070

0.070

 

 

5 Year Treasury

1.4300

100.34

0.289

0.289

 

 

10 Year Treasury

2.5734

101.53

0.625

0.619

 

 

30 Year Treasury

3.5283

104.09

1.344

1.308

 

 

ENERGY

 

 

 

 

 

 

Crude Oil, Brent Index

Brent Crude

105.98

-0.420

-0.395

-1.897

 

Crude Oil, Louisiana Lt. Sweet

LA Lt Sweet

101.38

-1.410

-1.372

-13.400

 

Natural Gas, Henry Hub Index

Nat Gas

4.93

-0.017

-0.344

23.818

 

PRECIOUS METALS

 

 

 

 

 

 

Spot Gold $/oz

GOLD

1256.95

12.400

0.996

-24.616

 

Spot Silver $/oz

SILVER

19.34

0.166

0.863

-39.221

 

CURRENCIES

 

 

 

 

 

 

Euro

EUR Curncy

0.74

-0.002

-0.310

-0.135

 

Japanese Yen

JPY Curncy

100.89

-1.150

-1.127

-8.426

 

British Pound

GBP Curncy

0.61

0.005

0.822

-3.326

 

Swiss Franc

CHF Curncy

0.90

-0.005

-0.596

0.821

 

Canadian Dollar

CAD Curncy

1.11

-0.003

-0.288

-9.969

 

Chinese Renminbi

CNY Curncy

6.06

-0.001

-0.010

2.845

 

 

 

 

 

 

 

 

 

Last

Chg Today

% Chg Today

3 Mo Tot Ret

6 Mo Tot Ret

YTD Tot Ret

S&P 500 INDEX

1741.890

-40.70

-2.283

-0.627

2.923

-5.667

S&P 500 CONSUMER DISCRETION

485.190

-13.29

-2.665

-3.269

1.575

-8.421

S&P 500 CONSUMER STAPLES

409.840

-9.31

-2.221

-5.612

-3.406

-7.240

S&P 500 ENERGY

599.580

-10.86

-1.779

-3.968

-0.798

-7.964

S&P 500 FINANCIALS

276.700

-7.03

-2.478

0.134

-0.473

-6.002

S&P 500 HEALTH CARE

634.740

-13.16

-2.031

3.697

7.668

-1.116

S&P 500 INDUSTRIALS

420.340

-11.63

-2.692

-0.394

6.638

-7.054

S&P 500 INFO TECHNOLOGY

557.980

-12.35

-2.165

3.114

8.734

-4.626

S&P 500 MATERIALS

271.390

-6.65

-2.392

-0.864

6.135

-6.853

S&P 500 TELECOM SERVICES

143.560

-5.49

-3.683

-9.267

-7.348

-6.710

S&P 500 UTILITIES

197.230

-1.54

-0.775

0.443

0.180

2.200

 

 

 

 

----------------------

Life is good!  The alternative?  Not so much.

 

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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