Weekly Scoreboard*

S&P 500 7,719.0 unch.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 53,384.4 -.3%

• NASDAQ 26,490.4 +.2%

• Russell 2000 2,971.8 -.1%

• NYSE FANG+ 18,744.0 -.7%

• Goldman 50 Most Shorted 329.3 +1.3%
• Vaneck Social Sentiment 37.4 +3.5%

• Wilshire 5000 76,275.8 unch.

• Russell 1000 Growth 4,963.8 +.3%

• Russell 1000 Value 2,529.4 -.3%

• S&P 500 Consumer Staples 928. -.8%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 271.0 -.6% 
  

• NYSE Technology 9,492.8 +.4%

• Transports 20,968.8 -2.1%

• Utilities 1,081.4 +.24%

• MSCI Europe Banks 137.7 +1.5%
  

• MSCI Emerging Markets 68.46 +2.0%

• Credit Suisse AllHedge Long/Short Equity Index 264.9 -.1%

• Credit Suisse AllHedge Equity Market Neutral Index 136.8 +.1%

Sentiment/Internals

• NYSE Cumulative A/D Line 624,978 -.4%
• Nasdaq/NYSE Volume Ratio 13.6 +69.7%

• Bloomberg New Highs-Lows Index 429 +114

• Crude Oil Commercial Bullish % Net Position -14.9 -2.0%

• CFTC Oil Net Speculative Position 123,449 +1.1%

• CFTC Oil Total Open Interest 1,906,740 +.9%

• Total Put/Call .82 -4.7%

• OEX Put/Call .71 -3.2%

• ISE Sentiment 179.0 unch.

• NYSE Arms 1.15 +71.6%
  
• Bloomberg Global Risk-On/Risk-Off Index 130.4 +1.0%
• Bloomberg US Financial Conditions Index 1.29 +2.0 basis points
• Bloomberg European Financial Conditions Index 1.17 -17.0 basis points

• Volatility(VIX) 14.0 -1.5%
• S&P 500 Intraday % Swing .57 -30.2%

• CBOE S&P 500 3M Implied Correlation Index 9.2 -6.3%

• G7 Currency Volatility (VXY) 6.92 +7.3%

• Emerging Markets Currency Volatility (EM-VXY) 6.95 +1.8%

• Smart Money Flow Index 17,875.9 -2.9%
• CFTC Weekly Equity Positioning Sentiment Gauge(0-100) 55.0 -4.0

• ICI Money Mkt Mutual Fund Assets $7.979 Trillion +.6%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$18.344 Million

• AAII % Bulls 39.7 +20.7%

• AAII % Bears 37.6 -15.3%
• CNN Fear & Greed Index 42.0 (moved to FEAR from NEUTRAL) -12.0

Futures Spot Prices

• CRB Index 416.7 +2.9%

• Crude Oil 91.7/bbl. +9.0%

• Reformulated Gasoline 320.9 +5.2%

• Natural Gas 2.97 +2.7%
• US Power PJM Western Hub Peak Forward Y1 83.7 USD/Megawatt +1.3% 
• Dutch TTF Nat Gas(European benchmark) 72.50 euros/megawatt-hour +8.9%
  

• Heating Oil 453. +3.9% 
• Newcastle Coal 153.0 (1,000/metric ton) +9.7%

• Gold 4,424.0 -.9%
• Silver 66.0 -.9%
  

• Bloomberg Industrial Metals Index 181.2 +.7%

• Copper 665.3 +1.7%

• US No. 1 Heavy Melt Scrap Steel 394.0 USD/Metric Tonne +.9%

• China Iron Ore Spot 100.5 USD/Metric Tonne +1.0%
• China Battery Grade Lithium Carbonate 23,150.0 USD/metric tonne +4.5%
• Silicon Data LLM Token Expenditure Index .98(price per million tokens) -7.6% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 49.5 -1.1%  

• CME Lumber 567.5 +.4%

• UBS-Bloomberg Agriculture 1,606.7 unch.
• US Gulf NOLA Potash Spot 345.0 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 444.50 USD/Short Ton +4.3%

Economy

• Atlanta Fed GDPNow Q3 Forecast +4.7% +10.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 11.7 -1.9 percentage points

• NY Fed Real-Time Weekly Economic Index 3.06 +7.8%
• Caldara Iacoviello Geopolitical Risk Index 201.3 +21.8% 
• Global Monitor Iran Instability Index 69.0 +9.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 90.0% unch.

• US Economic Policy Uncertainty Index 205.7 +98.1%
• Bloomberg Global Trade Policy Uncertainty Index .7 -.4
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(493 of 500 reporting) +53.2% +1.1 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 398.66 +2.95:  Growth Rate +21.5% +.9 percentage point, P/E 19.4 -.1
• S&P 500 Current Year Estimated Profit Margin 16.30% -1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +132.6% -1.7 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 971.48 +6.21: Growth Rate +44.7% -41.4 percentage points, P/E 19.5 unch.

• Citi US Economic Surprise Index 24.8 +3.6 points

• Citi Eurozone Economic Surprise Index 77.0 -10.6 points

• Citi Emerging Markets Economic Surprise Index 23.2 -.8 point

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 41.6%(-1.4 percentage points) chance of no change, 58.4%(+1.4 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 9/16

• US Dollar Index 99.2 -.5%

• MSCI Emerging Markets Currency Index 1,930.8 +.3%
  

• Bitcoin/USD 79,673 +1.2%

• Euro/Yen Carry Return Index 207.8 -2.2%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.28 -.4%

• Yield Curve(2s/10s) 41.25 +3.5 basis points

• 10-Year US Treasury Yield 4.78% +5.0 basis points
• Japan 30-Year Yield 4.0% -12.0 basis points

• Federal Reserve's Balance Sheet $6.690 Trillion +.1%
• Federal Reserve's Discount Window Usage $5.102 Billion -4.6%

• U.S. Sovereign Debt Credit Default Swap 35.1 -2.6%
  

• Illinois Municipal Debt Credit Default Swap 178.5 -1.6%
  

• Italian/German 10Y Yld Spread 81.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 17.8 -.3%

• China Sovereign Debt Credit Default Swap 34.90 -1.5%
  

• Brazil Sovereign Debt Credit Default Swap 119.4 -2.7%
  

• Israel Sovereign Debt Credit Default Swap 52.0 -3.1%
• Dubai Sovereign Debt Credit Default Swap 60.7 -1.8%

• South Korea Sovereign Debt Credit Default Swap 21.2 -1.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.1 unch.
• China High-Yield Real Estate Total Return Index 122.1 -.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.4% unch.
• Zillow US All Homes Rent Index YoY +2.4% unch.
• US Urban Consumers Food CPI YoY +2.9% unch.
• CPI Core Services Ex-Shelter YoY +2.8% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.40% unch.: CPI YoY +3.38% +1.0 basis point
• 1-Year TIPS Spread 2.34 +26.0 basis points
• 10-Year TIPS Spread 2.35 +3.0 basis points

• Treasury Repo 3M T-Bill Spread 20.5 +.75 basis point
• 2-Year SOFR Swap Spread -13.5 +.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -.25 unch.

• N. America Investment Grade Credit Default Swap Index 49.9 -.5% 
• BofA Private Credit Proxy Index 73.6 -.2%

• America Energy Sector High-Yield Credit Default Swap Index 97.0 -1.9%
• High-Yield Tech Sector OAS Index 432.5 -.1% 
• Bloomberg TRACE # Distressed Bonds Traded 207.0 -2.0

• European Financial Sector Credit Default Swap Index 53.6 -.5%

• Emerging Markets Credit Default Swap Index 136.9 -.7%
  

• MBS 5/10 Treasury Spread 111.0 unch.
• Bloomberg CMBS Investment Grade Bbb Average OAS 556.0 -2.0 basis points
• Avg. Auto ABS OAS .45 +1.0 basis point

• M2 Money Supply YoY % Change +5.4% unch.

• Commercial Paper Outstanding $1,441.4B -.4%

• 4-Week Moving Average of Jobless Claims 207,250 +.7%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 52.7 -.2%

• Average 30-Year Fixed Home Mortgage Rate 6.75% +4.0 basis points

• Weekly Mortgage Applications 247,300 +.8%

• Weekly Retail Sales +8.70% +30.0 basis points
• OpenTable US Seated Diners % Change YoY +23.0% +6.0 percentage points
• Box Office Weekly Gross $180.0M -22.2%

• Nationwide Gas $4.15/gallon +.06/gallon

• Baltic Dry Index 3,488.0 +12.3%
• Drewry World Container Freight Index $4,465.1/40 ft Box -.2%
  

• China (Export) Containerized Freight Index 1,837.0 +.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 275.0 unch.
• Truckstop.com Market Demand Index 105.4 +13.5%

• Rail Freight Carloads 303,191 +2.2%
• TSA Total Traveler Throughput 2,7,095 +36.4% 
• US Morning Consult Daily Consume Sentiment Index 89.6 +.5 point
• Rasmussen Reports Daily Presidential Approval Tacking Poll 44.0% +1.0 percentage point

Best Performing Style

• Small-Cap Value +.4%

Worst Performing Style

• Mid-Cap Growth -1.0%

Leading Sectors

• Computer Hardware +4.8%

• Energy +3.7%
• Shipping +3.6%

• Agriculture +3.4%
  

• Steel +2.2%
  

Lagging Sectors

• Restaurants -3.6%

• Defense -3.7%
  

• Road & Rail -3.8%

• Cyber Security -4.0%
  

• Software -4.5%
  

Weekly High-Volume Stock Gainers (23)

• BBCP, NX, TYRA, TITN, CBRS, AEHR, SNDK, ALAB, AXTI, UCTT, CLYM, FIVE, AGCO, DOO, FRVO, SWBI, BPI, BETA, FOUR, QUAD, CMBT, DOCU, SFNC, CNH

Weekly High-Volume Stock Losers (10)

• CDNS, MAMA, ZS, SNPS, EFX, OXM, FICO, PATH, LULU and GWRE

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change