Friday, February 7, 2014

It's The Economy Stupid: Market Close

U.S. stocks rose, with the Standard & Poor’s 500 Index capping its best two-day rally since October, amid optimism economic growth is robust enough to weather stimulus cuts even as data showed weaker-than-forecast hiring.  The S&P 500 rallied 2.6 percent in the past two days, the most since Oct. 11, with the gauge posting consecutive gains of at least 1 percent for the first time in 2013. The surge has trimmed the index’s decline from as much as -5.8 percent in mid-January to only down about -2.8 percent.

 

Three rounds of stimulus from the Fed have helped push the S&P 500 as much as 173 percent higher from a 12-year low in 2009.  About two-thirds of S&P 500 companies have posted quarterly earnings this season, with 76 percent of those reporting beating profit estimates and 66 percent exceeding sales projections, data compiled by Bloomberg show. Profit for members of the gauge probably increased 8.3 percent in the final three months of 2013, while sales climbed 2.7 percent, according to analysts’ estimates compiled by Bloomberg.  Let’s remember those numbers.  Stocks earnings are increasing at about 8.3% and their revenues are increasing at about 2.7%. 

 

Description

Ticker

Last

Change

% Chg Today

% Chg 1Year

YTD Tot Ret

U.S. STOCK MARKET

 

 

 

 

 

 

Dow Jones Industrial Average

INDU Index

15794.08

165.550

1.059

13.268

-4.529

S&P 500 Index

SPX Index

1797.02

23.590

1.330

19.046

-2.600

NASDAQ 100 Index

NDX Index

3561.91

64.312

1.839

29.689

-0.687

NASDAQ Composite Index

CCMP Index

4125.86

68.737

1.694

30.353

-1.077

Russell 3000 Index

RAY Index

1078.61

13.810

1.297

20.006

-2.534

Russell 1000 Index (Large Cap)

RIY Index

1004.00

12.980

1.310

19.768

-2.398

Russell 2000 Index (Small Cap)

RTY Index

1116.55

12.620

1.143

22.838

-4.070

Russell Mid Cap Index

RMC Index

1471.64

17.880

1.230

21.481

-1.274

Wilshire 5000 Total Market

W5000 Index

19203.91

246.830

1.302

20.468

-2.548

FOREIGN STOCKS

 

 

 

 

 

 

FTSE ALL-WORLD INDEX

 

259.99

3.050

1.187

11.552

-3.203

FTSE ALL-WORLD EX U.S. INDEX

 

269.14

2.820

1.059

4.947

-3.841

FTSE ALL-WORLD DEVELOPED IDX

 

252.12

3.040

1.220

14.681

-2.906

FTSE ALL-WORLD DEVL EX U.S.

 

253.23

2.760

1.102

9.649

-3.350

FTSE ALL-WORLD DEVL EUROPE

 

250.97

2.120

0.852

15.686

-2.174

FTSE ALL-WORLD DEVL ASIA-PAC

 

231.19

3.290

1.444

3.099

-5.764

FTSE ALL-WORLD EMERGING MKTS

 

460.58

3.890

0.852

-13.493

-6.225

EURO STOXX 600 INDEX

EUROPE

325.09

2.320

0.719

14.517

-0.835

EURO STOXX TOTAL MARKET

EUROPE

318.49

2.270

0.718

14.912

-0.819

FTSE 100 INDEX

UK

6571.68

13.400

0.204

5.511

-2.525

CAC 40 INDEX

FRANCE

4228.18

40.080

0.957

17.415

-1.555

DAX INDEX

GERMANY

9301.92

45.340

0.490

22.541

-2.620

NIKKEI 225 INDEX

JAPAN

14462.41

307.290

2.171

29.671

-11.220

HANG SENG INDEX

HONG KONG

21636.85

213.720

0.998

-6.799

-7.163

TEL AVIV 100 INDEX

ISRAEL

2044.50

11.414

0.561

-15.947

-3.377

SHANGHAI COMP INDEX

CHINA

2044.50

11.414

0.561

-15.947

-3.377

RUSSIAN RTS INDEX

RUSSIA

1340.50

-0.990

-0.074

-15.975

-15.975

TREASURIES

% Yield

 

 

 

 

 

3 Month Treasury

0.0811

 

0.015

23.077

 

 

6 Month Treasury

0.0811

 

0.010

15.385

 

 

2 Year Treasury

0.3034

100.14

0.031

0.031

 

 

5 Year Treasury

1.4689

100.15

0.242

0.242

 

 

10 Year Treasury

2.6820

100.58

0.156

0.156

 

 

30 Year Treasury

3.6708

101.38

-0.094

-0.092

 

 

ENERGY

 

 

 

 

 

 

Crude Oil, Brent Index

Brent Crude

109.40

2.210

2.062

0.959

 

Crude Oil, Louisiana Lt. Sweet

LA Lt Sweet

106.48

2.490

2.394

-8.860

 

Natural Gas, Henry Hub Index

Nat Gas

4.78

-0.155

-3.143

20.453

 

PRECIOUS METALS

 

 

 

 

 

 

Spot Gold $/oz

GOLD

1267.31

9.120

0.725

-24.173

 

Spot Silver $/oz

SILVER

20.03

0.063

0.313

-36.346

 

CURRENCIES

 

 

 

 

 

 

Euro

EUR Curncy

0.73

-0.002

-0.326

-1.728

 

Japanese Yen

JPY Curncy

102.36

0.250

0.245

-8.484

 

British Pound

GBP Curncy

0.61

-0.004

-0.571

-4.273

 

Swiss Franc

CHF Curncy

0.90

-0.003

-0.355

2.306

 

Canadian Dollar

CAD Curncy

1.10

-0.003

-0.253

-9.627

 

Chinese Renminbi

CNY Curncy

6.06

0.002

0.031

2.785

 

 

 

 

 

 

 

 

 

Last

Chg Today

% Chg Today

3 Mo Tot Ret

6 Mo Tot Ret

YTD Tot Ret

S&P 500 INDEX

1797.020

23.59

1.330

3.362

7.400

-2.600

S&P 500 CONSUMER DISCRETION

508.110

6.32

1.259

3.320

8.026

-4.084

S&P 500 CONSUMER STAPLES

420.660

3.80

0.912

-3.110

-0.324

-4.789

S&P 500 ENERGY

613.210

6.64

1.095

-1.411

2.778

-5.694

S&P 500 FINANCIALS

286.680

3.58

1.265

4.980

5.113

-2.513

S&P 500 HEALTH CARE

651.700

11.35

1.772

7.999

11.285

1.607

S&P 500 INDUSTRIALS

435.460

7.03

1.641

3.734

11.966

-3.693

S&P 500 INFO TECHNOLOGY

575.870

8.27

1.457

6.559

13.095

-1.399

S&P 500 MATERIALS

282.160

3.84

1.380

3.747

11.705

-3.143

S&P 500 TELECOM SERVICES

145.400

1.04

0.720

-6.209

-5.706

-5.514

S&P 500 UTILITIES

197.420

1.21

0.617

0.727

1.123

2.410

 

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

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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