Weekly Scoreboard*

S&P 500 7,405.6 -2.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 50,875.5 -.2%

• NASDAQ 25,723.7 -4.3%

• Russell 2000 2,830.7 -3.1%

• NYSE FANG+ 17,080.4 -7.3%

• Goldman 50 Most Shorted 300.7 -8.4%
• Vaneck Social Sentiment 36.64 -10.1%

• Wilshire 5000 73,042.5 -2.3%

• Russell 1000 Growth 4,949.6 -3.8%

• Russell 1000 Value 2,325.6 -.5%

• S&P 500 Consumer Staples 934.3 +1.4%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 256.0 -2.8%
  

• NYSE Technology 9,356.1 -4.3%

• Transports 21,908.4 +2.4%

• Utilities 1,111.5 +.3%

• MSCI Europe Banks 119.43 -1.0%
  

• MSCI Emerging Markets 64.7 -5.6%

• Credit Suisse AllHedge Long/Short Equity Index 263.0 +.5%

• Credit Suisse AllHedge Equity Market Neutral Index 134.3 -.1%

Sentiment/Internals

• NYSE Cumulative A/D Line 618,080 +.1%
• Nasdaq/NYSE Volume Ratio 14.9 +5.4%

• Bloomberg New Highs-Lows Index 394 -863

• Crude Oil Commercial Bullish % Net Position -17.8 +2.1%

• CFTC Oil Net Speculative Position 160,998 -6.7%

• CFTC Oil Total Open Interest 2,003,795 +.04%

• Total Put/Call .90 +36.9%

• OEX Put/Call .44 +22.5%

• ISE Sentiment 179.0 +3.5%

• NYSE Arms .88 -31.5%
  
• Bloomberg Global Risk-On/Risk-Off Index 121.0 -.9%
• Bloomberg US Financial Conditions Index 1.22 +12.0 basis points
• Bloomberg European Financial Conditions Index 1.45 unch.

• Volatility(VIX) 19.6 +16.8%
• S&P 500 Intraday % Swing 1.12 +136.2%

• CBOE S&P 500 3M Implied Correlation Index 11.4 +21.0%

• G7 Currency Volatility (VXY) 6.40 +4.6%

• Emerging Markets Currency Volatility (EM-VXY) 7.0 +1.6%

• Smart Money Flow Index 21,344.9 +1.3%
• NAAIM Exposure Index  86.8 -11.6

• ICI Money Mkt Mutual Fund Assets $7.894 Trillion +1.4%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$1.575 Million

• AAII % Bulls 36.3 +2.0%

• AAII % Bears 37.0 -11.7%
• CNN Fear & Greed Index 48.0 (Moved to NEUTRAL from GREED) -11.0

Futures Spot Prices

• CRB Index 384.0 -.2%

• Crude Oil 90.58/bbl. +2.6%

• Reformulated Gasoline 304.9 -.1%

• Natural Gas 3.22 -1.6%
• US Power PJM Western Hub Peak Forward Y1 74.6 USD/Megawatt +.7% 
• Dutch TTF Nat Gas(European benchmark) 48.8 euros/megawatt-hour +6.0%
  

• Heating Oil 359.8 +1.4% 
• Newcastle Coal 147.0 (1,000/metric ton) +7.7%

• Gold 4,322.9 -4.8%
• Silver 68.15 -9.2%
  

• Bloomberg Industrial Metals Index 182.44 -1.8%

• Copper 626.5 -1.8%

• US No. 1 Heavy Melt Scrap Steel 401.0 USD/Metric Tonne -2.4%

• China Iron Ore Spot 101.70 USD/Metric Tonne -2.7%
• China Battery Grade Lithium Carbonate 27,250.0 USD/metric tonne -7.6%
• inSpectrum Tech Inc. DRAM Spot DDR4 16Gb 2048Mx8 61.99 +6.7%  

• CME Lumber 607.0 +3.7%

• UBS-Bloomberg Agriculture 1,344.7 -3.2%
• US Gulf NOLA Potash Spot 342.50 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 553.50 USD/Short Ton -4.0% 

Economy

• Atlanta Fed GDPNow Q2 Forecast +3.0% -.7 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 14.7 -.6 percentage point

• NY Fed Real-Time Weekly Economic Index 3.23 +7.0%
• Caldara Iacoviello Geopolitical Risk Index 113.9 -47.0% 
• Global Monitor Iran Instability Index 84.0 -2.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 90.0% -7.0 percentage points

• US Economic Policy Uncertainty Index 262.6 +17.9%
• Bloomberg Global Trade Policy Uncertainty Index 1.1 +.5
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(495 of 500 reporting) +28.0% n/a

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 362.69 +n/a:  Growth Rate +23.3% +n/a percentage points, P/E 20.9 -n/a
• S&P 500 Current Year Estimated Profit Margin 15.47% -2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +66.6% +n/a percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 896.84 +n/a: Growth Rate +72.9% +n/a percentage points, P/E 20.0 -n/a

• Citi US Economic Surprise Index 63.2 +18.3 points

• Citi Eurozone Economic Surprise Index -49.3 +18.1 points

• Citi Emerging Markets Economic Surprise Index 39.90 +4.5 points

• Fed Fund Futures imply 3.8%(+3.4 percentage points) chance of -25.0 basis point cut to 3.25-3.5%, 96.2%(-3.4 percentage points) chance of no change, 0.0%(unch.) chance of +25.0 basis point hike to 3.75-4.0% on 6/17

• US Dollar Index 100.05 +1.2%

• MSCI Emerging Markets Currency Index 1,863.4 -.6%
  

• Bitcoin/USD 59,690.2 -17.7%

• Euro/Yen Carry Return Index 210.73 -.5%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.53 -1.6%

• Yield Curve(2s/10s) 37.75 -5.0 basis points

• 10-Year US Treasury Yield 4.54% +11.0 basis points
• Japan 30-Year Yield 3.90% -3.0 basis points

• Federal Reserve's Balance Sheet $6.664 Trillion +.1%
• Federal Reserve's Discount Window Usage $6.325 Billion +5.6%

• U.S. Sovereign Debt Credit Default Swap 42.4 +1.0%
  

• Illinois Municipal Debt Credit Default Swap 181.9 -1.7%
  

• Italian/German 10Y Yld Spread 76.0 +5.0 basis points
• UK Sovereign Debt Credit Default Swap 19.1 -.3%

• China Sovereign Debt Credit Default Swap 40.7 +1.9%
  

• Brazil Sovereign Debt Credit Default Swap 123.5 +4.0%
  

• Israel Sovereign Debt Credit Default Swap 55.6 -1.6%
• Dubai Sovereign Debt Credit Default Swap 77.2 -1.4%

• South Korea Sovereign Debt Credit Default Swap 23.0 +3.4%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.1 -.1%
• China High-Yield Real Estate Total Return Index 119.6 +.9%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.6% unch.
• Zillow US All Homes Rent Index YoY +1.7% unch.
• US Urban Consumers Food CPI YoY +3.2% unch.
• CPI Core Services Ex-Shelter YoY +3.2% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.33% +2.0 basis points: CPI YoY +4.18% unch.
• 1-Year TIPS Spread 2.64 +1.0 basis point
• 10-Year TIPS Spread 2.37 -3.0 basis points

• Treasury Repo 3M T-Bill Spread 11.5 +5.5 basis points
• 2-Year SOFR Swap Spread -14.25 unch.

• 3-Month EUR/USD Cross-Currency Basis Swap -.75 unch.

• N. America Investment Grade Credit Default Swap Index 52.0 +2.7% 
• BofA Private Credit Proxy Index 71.1 -1.4%

• America Energy Sector High-Yield Credit Default Swap Index 152.0 +43.6%
• High-Yield Tech Sector OAS Index 429.7 -1.1% 
• Bloomberg TRACE # Distressed Bonds Traded 249.0 +24.0

• European Financial Sector Credit Default Swap Index 56.2 +1.6%

• Emerging Markets Credit Default Swap Index 151.3 +.4%
  

• MBS 5/10 Treasury Spread 111.0 +2.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 550.0 +7.0 basis points
• Avg. Auto ABS OAS .47 unch.

• M2 Money Supply YoY % Change +4.7% +10.0 basis points

• Commercial Paper Outstanding $1,401.7B +.8%

• 4-Week Moving Average of Jobless Claims 214,750 +3.1%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 52.62 -2.5%

• Average 30-Year Fixed Home Mortgage Rate 6.60% -1.0 basis point

• Weekly Mortgage Applications 252,800 -2.5%

• Weekly Retail Sales +8.9% unch.
• OpenTable US Seated Diners % Change YoY +13.0% unch.
• Box Office Weekly Gross $267.1M +78.5%

• Nationwide Gas $4.22/gallon -.17/gallon

• Baltic Dry Index 3,037.0 -5.8%
• Drewry World Container Freight Index $3,432.9/40 ft Box +22.6%
  

• China (Export) Containerized Freight Index 1,411.6 +3.3%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 210.0 -2.3%
• Truckstop.com Market Demand Index 155.4 -4.1%

• Rail Freight Carloads 264,449 -9.7%
• TSA Total Traveler Throughput 2,773,608 +20.2% 
• US Morning Consult Daily Consume Sentiment Index 92.6 +6.4 points
• Rasmussen Reports Daily Presidential Approval Tacking Poll 41.0% -1.0 percentage point

Best Performing Style

• Large-Cap Value unch.

Worst Performing Style

• Small-Cap Growth -3.9%

Leading Sectors

• Education +4.5%

• Insurance +4.3%
• Energy +3.7%

• Healthcare Providers +3.5%
  

• Road & Rail +3.5%
  

Lagging Sectors

• Software -5.0%

• AI Innovation -6.5%
  

• Airlines -8.0%

• Alt Energy -8.7%
  

• Gold & Silver -10.6%
  

Weekly High-Volume Stock Gainers (18)

• COO, GIII, ABM, COKE, ARCB, PODD, ARGX, KMB, KVUE, REZI, EG, TWFG, AGX, KO, HRTG, FRO and PPC

Weekly High-Volume Stock Losers (46)

• ABVX, CEF, GFI, BSTZ, MLYS, AVGO, SCVL, PLAB, AEM, DOCU, PSLV, DMRA, DRUG, PKX, LULU, ASST, BLSH, DXYZ, VPG, RLAY, GWRE, AMBA, GRRR, BIDU, MSTR, ASX, INSM, NNE, HL, GENB, ADUR, HBM, GLXY, BTDR, NOK, UUUU, RDW, AMRC, OUST, QUIK, FCEL, CRNC, BRUN, TSAT, ALM and PL

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change