Weekly Scoreboard*

S&P 500 5,914.2 +1.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 42,328.0 +1.0%

• NASDAQ 19,128.4 +.84%

• Russell 2000 2,072.94 +1.2%

• NYSE FANG+ 13,762.1 +1.4%

• Goldman 50 Most Shorted 172.4 -.9%

• Wilshire 5000 58,457.6 +1.1%

• Russell 1000 Growth 4,017.1 +1.0%

• Russell 1000 Value 1,855.1 +1.1%

• S&P 500 Consumer Staples 920.59 +2.4%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 237.94 -.47%
  

• NYSE Technology 5,669.5 -.41%

• Transports 14,736.1 +.64%

• Utilities 1,041.9 +1.8%

• Bloomberg European Bank/Financial Services 144.0 +.7%
  

• MSCI Emerging Markets 45.56 -1.2%

• Credit Suisse AllHedge Long/Short Equity Index 216.8 +.7%

• Credit Suisse AllHedge Equity Market Neutral Index 123.7 +.5%

Sentiment/Internals

• NYSE Cumulative A/D Line 547,398 +.4%
• Nasdaq/NYSE Volume Ratio 12.2 -19.7%

• Bloomberg New Highs-Lows Index 189 +138

• Crude Oil Commercial Bullish % Net Position -20.4 -7.7%

• CFTC Oil Net Speculative Position 186,420 +.6%

• CFTC Oil Total Open Interest 1,873,273 -3.8%

• Total Put/Call .89 -5.3%

• OEX Put/Call 1.07 +38.2%

• ISE Sentiment 128.0 -17.0

• NYSE Arms 1.01 -1.1%
  
• Bloomberg Global Risk-On/Risk-Off Index 67.6 -1.6%
• Bloomberg US Financial Conditions Index .32 +5.0 basis points
• Bloomberg European Financial Conditions Index 1.43 -3.0 basis points
  

• Volatility(VIX) 19.1 -6.3%
• S&P 500 Intraday % Swing .59 -44.9%

• CBOE S&P 500 3M Implied Correlation Index 22.9 +2.7%

• G7 Currency Volatility (VXY) 8.93 -4.4%
  

• Emerging Markets Currency Volatility (EM-VXY) 8.43 -2.5%

• Smart Money Flow Index 22,594.2 -.74%
• NAAIM Exposure Index  88.4 +7.5

• ICI Money Mkt Mutual Fund Assets $6.949 Trillion -.28%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$.117 Million

• AAII % Bulls 32.9 -12.7%

• AAII % Bears 41.9 +14.2%
• CNN Fear & Greed Index 61.0 (GREED) -3.0

Futures Spot Prices

• CRB Index 290.42 -2.0%

• Crude Oil 60.70/bbl. -.2%

• Reformulated Gasoline 203.8 -4.2%

• Natural Gas 3.45 +4.9%
• Dutch TTF Nat Gas(European benchmark) 34.2 euros/megawatt-hour -6.3%
  

• Heating Oil 201.72 -4.5% 
• Newcastle Coal 105.5 (1,000/metric ton) -1.1%

• Gold 3,293.2 -1.9%
• Silver 32.99 -1.4%
  

• S&P GSCI Industrial Metals Index 447.63 +.12%

• Copper 469.2 +.31%

• US No. 1 Heavy Melt Scrap Steel 343.0 USD/Metric Tonne +.9%

• China Iron Ore Spot 95.4 USD/Metric Tonne -.7%
• China Battery Grade Lithium Carbonate 8,650.0 USD/metric tonne -4.2%

• CME Lumber  591.0 -1.1%

• UBS-Bloomberg Agriculture 1,423.9 -2.9%
• US Gulf NOLA Potash Spot 321.0 USD/Short Ton +1.1%

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.8% +1.4 percentage points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 41.8 +4.8 percentage points

• NY Fed Real-Time Weekly Economic Index 1.9 -1.6%

• US Economic Policy Uncertainty Index 396.2 +57.7%
• Bloomberg Global Trade Policy Uncertainty Index 7.6 +34.6%
  
• DOGE Total Taxpayer Dollars Saved $175.0 Billion($1,086.96 Savings Per Taxpayer) +$5 Billion
• S&P 500 Current Quarter EPS Growth Rate YoY(491 of 500 reporting) +12.5% +1.2 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 276.68 +.80:  Growth Rate +8.9% -2.9 percentage points, P/E 21.3 +.1
• S&P 500 Current Year Estimated Profit Margin 13.26% -4.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(8 of 10 reporting) +32.5% +3.4 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 428.13 +2.34: Growth Rate +23.8% +.7 percentage point, P/E 32.2 +.4

• Citi US Economic Surprise Index 11.5 +5.5 points

• Citi Eurozone Economic Surprise Index 17.7 +5.2 points

• Citi Emerging Markets Economic Surprise Index 39.0 +8.1 points

• Fed Fund Futures imply 5.4%(-.2 percentage point) chance of -25.0 basis point cut to 4.0-4.25%, 94.6%(+.2 percentage point) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 4.5-4.75% on 6/18

• US Dollar Index 99.33 -.6%

• MSCI Emerging Markets Currency Index 1,826.6 +.04%
  

• Bitcoin/USD 104,897.5 -3.3%

• Euro/Yen Carry Return Index 183.77 +.96%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.76 +.4%

• Yield Curve(2s/10s) 50.75 -.75 basis point
  

• 10-Year US Treasury Yield 4.42% -9.0 basis points

• Federal Reserve's Balance Sheet $6.626 Trillion -.24%
• Federal Reserve's Discount Window Usage $1.944 Billion +2.8%

• U.S. Sovereign Debt Credit Default Swap 52.05 -4.3%
  

• Illinois Municipal Debt Credit Default Swap 217.24 -7.0%
  

• Italian/German 10Y Yld Spread 98.0 -4.0 basis points
• UK Sovereign Debt Credit Default Swap 19.22 -2.1%

• China Sovereign Debt Credit Default Swap 51.61 -3.8%
  

• Brazil Sovereign Debt Credit Default Swap 161.71 -4.5%
  

• Israel Sovereign Debt Credit Default Swap 96.66 -6.4%

• South Korea Sovereign Debt Credit Default Swap 28.6 -8.4%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.83 -.41%
• China High-Yield Real Estate Total Return Index 121.13 -.70%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.8% unch.
• Zillow US All Homes Rent Index YoY +3.3% unch.
• US Urban Consumers Food CPI YoY +2.7% unch.
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +2.65% +5.0 basis points: CPI YoY +2.40% unch.
  
• 1-Year TIPS Spread 2.83 -15.0 basis points
• 10-Year TIPS Spread 2.35 unch.

• Treasury Repo 3M T-Bill Spread 1.75 basis points -5.5 basis points
  
• 2-Year SOFR Swap Spread -22.0 +1.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -1.0 +2.5 basis points

• N. America Investment Grade Credit Default Swap Index 56.2 -4.3%
  

• America Energy Sector High-Yield Credit Default Swap Index 247.0 -2.2% 
• Bloomberg TRACE # Distressed Bonds Traded 224.0 -2.0
  

• European Financial Sector Credit Default Swap Index 61.9 -5.6%
• Deutsche Bank Subordinated 5Y Credit Default Swap 143.79 -6.3%

• Emerging Markets Credit Default Swap Index 172.4 -1.8%
  

• MBS 5/10 Treasury Spread 156.0 -1.0 basis point
• Bloomberg CMBS Investment Grade Bbb Average OAS 616.0 +1.0 basis point
• Avg. Auto ABS OAS .60 -1.0 basis point

• M2 Money Supply YoY % Change +4.4% +30.0 basis points

• Commercial Paper Outstanding $1,449.2B +.4%

• 4-Week Moving Average of Jobless Claims 230,750 -.11%
  

• Continuing Claims Unemployment Rate 1.3% +10.0 basis points
• Kastle Back-to-Work Barometer(entries in secured buildings) 53.1 -.54%
  

• Average 30-Year Fixed Home Mortgage Rate 6.98% +7.0 basis points

• Weekly Mortgage Applications 235,700 -1.2%

• Weekly Retail Sales +5.6% unch.
• OpenTable US Seated Diners % Change YoY +11.0% +4.0 percentage points
• Box Office Weekly Gross $144.8M +24.7%

• Nationwide Gas $3.16/gallon -.04/gallon

• Baltic Dry Index 1,353.0 +.9%
• Drewry World Container Freight Index $2,508.4/40 ft Box +10.2%
  

• China (Export) Containerized Freight Index 1,117.6 +.92%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 27.5 -8.3%
• Truckstop.com Market Demand Index 70.6 -17.0%

• Rail Freight Carloads 262,618 +.41%
• TSA Total Traveler Throughput 2,626,000 +9.9%
  

Best Performing Style

• Small-Cap Value +.9%
  

Worst Performing Style

• Mid-Cap Value +.4%

Leading Sectors

• Airlines +3.6%

• Gambling +3.2%
• Alt Energy +3.0%

• Healthcare Providers +2.5%
  

• Insurance +2.3%
  

Lagging Sectors

• Homebuilding -1.3%
  

• Semis -1.3%
  

• Road & Rail -1.4%

• Shipping -2.3%
  

• Electric Vehicles -3.8%
  

Weekly High-Volume Stock Gainers (20)

• STRZ, ULTA, BBNX, MP, TSSI, ZS, U, CNX, LOCO, AKRO, HIMS, SGRY, CLBR, HRTG, CRWV, COST, AVO, ENPH and ALHC

Weekly High-Volume Stock Losers (18)

• DELL, HLNE, EMN, TWO, BULL, SNY, MRVL, GLXY, IONQ, ALAB, SATS, PD, ESTC, COO, AMBA, GAP, REGN and SMMT

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change