Weekly Scoreboard*

S&P 500 7,350.8 -1.8%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 51,586.0 +.6%

• NASDAQ 25,285.9 -4.6%

• Russell 2000 2,991.5 +.6%

• NYSE FANG+ 16,583.2 -5.8%

• Goldman 50 Most Shorted 327.2 +.3%
• Vaneck Social Sentiment 35.5 -5.9%

• Wilshire 5000 73,020.3 -1.7%

• Russell 1000 Growth 4,785.4 -3.4%

• Russell 1000 Value 2,384.4 +.3%

• S&P 500 Consumer Staples 941.1 +1.7%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 253.2 -3.5%
  

• NYSE Technology 9,709.4 -4.2%

• Transports 21,820.4 +1.1%

• Utilities 1,161.8 +3.8%

• MSCI Europe Banks 127.9 +.5%
  

• MSCI Emerging Markets 67.2 -4.8%

• Credit Suisse AllHedge Long/Short Equity Index 268.5 +.6%

• Credit Suisse AllHedge Equity Market Neutral Index 136.1 +.8%

Sentiment/Internals

• NYSE Cumulative A/D Line 618,679 -.1%
• Nasdaq/NYSE Volume Ratio 17.3 +6.7%

• Bloomberg New Highs-Lows Index 15 -216

• Crude Oil Commercial Bullish % Net Position -15.3 +2.4%

• CFTC Oil Net Speculative Position 124,483 -4.5%

• CFTC Oil Total Open Interest 2,007,709 +.1%

• Total Put/Call 1.04 +3.0%

• OEX Put/Call .19 -34.9%

• ISE Sentiment 179.0 +3.5%

• NYSE Arms .85 -53.0%
  
• Bloomberg Global Risk-On/Risk-Off Index 118.6 -2.7%
• Bloomberg US Financial Conditions Index .98 -15.0 basis points
• Bloomberg European Financial Conditions Index .98 -32.0 basis points

• Volatility(VIX) 19.1 +14.6%
• S&P 500 Intraday % Swing 1.35 +136.6%

• CBOE S&P 500 3M Implied Correlation Index 10.6 +18.8%

• G7 Currency Volatility (VXY) 6.67 unch.

• Emerging Markets Currency Volatility (EM-VXY) 6.66 +1.1%

• Smart Money Flow Index 19,817.2 -3.7%
• NAAIM Exposure Index  98.6 +5.8

• ICI Money Mkt Mutual Fund Assets $7.900 Trillion -.24%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$49.600 Million

• AAII % Bulls 44.9 +22.7%

• AAII % Bears 36.1 -8.4%
• CNN Fear & Greed Index 25.0 (Moved to EXTREME FEAR from FEAR) -12.0

Futures Spot Prices

• CRB Index 356.05 -2.3%

• Crude Oil 69.1/bbl. -9.6%

• Reformulated Gasoline 295.3 -.6%

• Natural Gas 3.23 +.5%
• US Power PJM Western Hub Peak Forward Y1 80.8 USD/Megawatt +3.5% 
• Dutch TTF Nat Gas(European benchmark) 40.95 euros/megawatt-hour -3.3%
  

• Heating Oil 320.0 +2.6% 
• Newcastle Coal 125.8 (1,000/metric ton) -5.8%

• Gold 4,065.3 -2.0%
• Silver 58.9 -9.1%
  

• Bloomberg Industrial Metals Index 171.85 -4.9%

• Copper 611.7 -3.9%

• US No. 1 Heavy Melt Scrap Steel 396.0 USD/Metric Tonne +.3%

• China Iron Ore Spot 99.10 USD/Metric Tonne +.7%
• China Battery Grade Lithium Carbonate 23,700.0 USD/metric tonne -3.7%
• Silicon Data LLM Token Expenditure Index 1.70(price per million tokens) +2.0% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 44.66 +3.0%  

• CME Lumber 619.5 -2.1%

• UBS-Bloomberg Agriculture 1,377.2 +1.9%
• US Gulf NOLA Potash Spot 340.0 USD/Short Ton -.7%
• US Gulf NOLA Urea Granular Spot 352.5 USD/Short Ton -4.1% 

Economy

• Atlanta Fed GDPNow Q2 Forecast +2.5% -.5 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 16.2 +2.8 percentage point

• NY Fed Real-Time Weekly Economic Index 2.50 -19.4%
• Caldara Iacoviello Geopolitical Risk Index 159.3 -23.8% 
• Global Monitor Iran Instability Index 66.0 -9.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 14.0% -76.0 percentage points

• US Economic Policy Uncertainty Index 541.2 +9.2%
• Bloomberg Global Trade Policy Uncertainty Index .5 +.1
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(11 of 500 reporting) +188.8% +172.7 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 369.51 +3.87:  Growth Rate +25.6% +1.3 percentage point, P/E 19.9 -.4
• S&P 500 Current Year Estimated Profit Margin 15.58% +5.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(1 of 10 reporting) +1,226.6% +n/a
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 882.58 -39.99: Growth Rate +70.2% -7.7 percentage points, P/E 18.7 +.1

• Citi US Economic Surprise Index 60.4 +11.3 points

• Citi Eurozone Economic Surprise Index -24.2 +2.5 points

• Citi Emerging Markets Economic Surprise Index 36.1 -3.2 points

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 70.1%(+8.6 percentage points) chance of no change, 29.9%(-8.6 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 7/29

• US Dollar Index 101.3 +.5%

• MSCI Emerging Markets Currency Index 1,854.5 -.7%
  

• Bitcoin/USD 59,545.2 -6.4%

• Euro/Yen Carry Return Index 210.6 -.3%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.40 -.02%

• Yield Curve(2s/10s) 28.25 +1.0 basis point

• 10-Year US Treasury Yield 4.37% -8.0 basis points
• Japan 30-Year Yield 3.83% +5.0 basis points

• Federal Reserve's Balance Sheet $6.689 Trillion unch.
• Federal Reserve's Discount Window Usage $7.471 Billion +11.7%

• U.S. Sovereign Debt Credit Default Swap 42.2 -.7%
  

• Illinois Municipal Debt Credit Default Swap 188.4 +7.0%
  

• Italian/German 10Y Yld Spread 74.0 +4.0 basis points
• UK Sovereign Debt Credit Default Swap 17.9 -2.7%

• China Sovereign Debt Credit Default Swap 37.6 -1.5%
  

• Brazil Sovereign Debt Credit Default Swap 126.4 +1.7%
  

• Israel Sovereign Debt Credit Default Swap 53.8 +3.0%
• Dubai Sovereign Debt Credit Default Swap 61.8 -1.7%

• South Korea Sovereign Debt Credit Default Swap 22.6 +3.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.2 -.2%
• China High-Yield Real Estate Total Return Index 118.1 -.6%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.3% unch.
• Zillow US All Homes Rent Index YoY +1.9% unch.
• US Urban Consumers Food CPI YoY +3.1% unch.
• CPI Core Services Ex-Shelter YoY +3.5% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.43% +13.0 basis points: CPI YoY +3.96% -5.0 basis points
• 1-Year TIPS Spread 1.42 -44.0 basis points
• 10-Year TIPS Spread 2.20 -6.0 basis points

• Treasury Repo 3M T-Bill Spread 12.75 -.75 basis point
• 2-Year SOFR Swap Spread -14.5 -1.0 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -1.25 -1.75 basis points

• N. America Investment Grade Credit Default Swap Index 51.4 +2.0% 
• BofA Private Credit Proxy Index 68.5 -.3%

• America Energy Sector High-Yield Credit Default Swap Index 117.0 +5.2%
• High-Yield Tech Sector OAS Index 484.16 +9.6% 
• Bloomberg TRACE # Distressed Bonds Traded 215.0 +2.0

• European Financial Sector Credit Default Swap Index 54.4 -.2%

• Emerging Markets Credit Default Swap Index 142.1 -.1%
  

• MBS 5/10 Treasury Spread 106.0 -3.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 549.0 -2.0 basis points
• Avg. Auto ABS OAS .47 unch.

• M2 Money Supply YoY % Change +5.6% +90.0 basis points

• Commercial Paper Outstanding $1,397.1B -.2%

• 4-Week Moving Average of Jobless Claims 224,250 +.3%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 55.2 -2.4%

• Average 30-Year Fixed Home Mortgage Rate 6.57% unch.

• Weekly Mortgage Applications 272.10 +1.0%

• Weekly Retail Sales +9.5% +30.0 basis points
• OpenTable US Seated Diners % Change YoY +15.0% +1.0 percentage point
• Box Office Weekly Gross $184.9M -28.5%

• Nationwide Gas $3.90/gallon -.10/gallon

• Baltic Dry Index 2,591.0 -4.8%
• Drewry World Container Freight Index $4,165.6/40 ft Box +5.0%
  

• China (Export) Containerized Freight Index 1,599.1 +13.3%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 235.0 +4.4%
• Truckstop.com Market Demand Index 124.8 -11.8%

• Rail Freight Carloads 288,739 -.2%
• TSA Total Traveler Throughput 2,910,453 +13.5% 
• US Morning Consult Daily Consume Sentiment Index 90.0 +.1 point
• Rasmussen Reports Daily Presidential Approval Tacking Poll 46.0% +4.0 percentage points

Best Performing Style

• Small-Cap Value +1.3%

Worst Performing Style

• Large-Cap Growth -3.4%

Leading Sectors

• Pharma +8.8%

• Computer Services +6.6%
• Biotech +6.6%

• Healthcare Providers +5.6%
  

• Airlines +5.3%
  

Lagging Sectors

• Gold & Silver -7.2%

• Semis -7.4%
  

• Computer Hardware -10.6%

• Alt Energy -10.6%
  

• Space -14.4%
  

Weekly High-Volume Stock Gainers (73)

• FCEL, APOG, SLS, VIA, CHYM, MAZE, WSE, ACAD, PAY, BWIN, ADUR, CCXI, ATEM, LLY, NTES, ETOR, BB, MAX, FCN, INFQ, STUB, FA, LSPD, OMDA, SPSC, HG, GLBE, AGYS, IIIV, CMPS, CHA, BILL, VERA, TRU, UBER, PATH, VCEL, TCMD, PTRN, INCY, YSWY, LTH, DSGX, DOCS, TOST, IRON, SCI, PYPL, SKWD, AORT, ABSI, BLLN, ERIE, NOMD, STOK, ZD, BOBS, FRST, JNJ, OPLN, CWK, VOR, SDGR, MIRM and ALGT

Weekly High-Volume Stock Losers (14)

• FIZZ, BSTZ, PKX, ESI, ZSQR, FUN, CMC, PLAB, VC, TMDX, BE, WDC, CAPR and ON

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change