Weekly Scoreboard*

S&P 500 7,469.7 -1.6%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 52,171.3 -.8%

• NASDAQ 25,537.2 -2.7%

• Russell 2000 2,958.4 -.7%

• NYSE FANG+ 17,237.4 -2.0%

• Goldman 50 Most Shorted 312.0 -4.1%
• Vaneck Social Sentiment 33.8 -6.5%

• Wilshire 5000 73,950.8 -1.4%

• Russell 1000 Growth 4,817.7 -3.6%

• Russell 1000 Value 2,438.7 +.4%

• S&P 500 Consumer Staples 941.0 +1.2%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 258.9 -1.3%
  

• NYSE Technology 9,019.9 -7.2%

• Transports 22,712.8 +2.4%

• Utilities 1,149.5 unch.

• MSCI Europe Banks 132.7 +.9%
  

• MSCI Emerging Markets 63.50 -4.6%

• Credit Suisse AllHedge Long/Short Equity Index 269.21 +.01%

• Credit Suisse AllHedge Equity Market Neutral Index 137.22 +.84%

Sentiment/Internals

• NYSE Cumulative A/D Line 623,357 +.3%
• Nasdaq/NYSE Volume Ratio 10.2 -6.7%

• Bloomberg New Highs-Lows Index 216 -52

• Crude Oil Commercial Bullish % Net Position -10.2 +31.3%

• CFTC Oil Net Speculative Position 75,749 -31.5%

• CFTC Oil Total Open Interest 1,905,761 -.5%

• Total Put/Call .93 +12.5%

• OEX Put/Call .17 unch.

• ISE Sentiment 179.0 unch.

• NYSE Arms 1.0 +4.3%
  
• Bloomberg Global Risk-On/Risk-Off Index 121.6 -3.4%
• Bloomberg US Financial Conditions Index 1.17 +1.0 basis point
• Bloomberg European Financial Conditions Index 1.28 -21.0 basis points

• Volatility(VIX) 18.62 +18.6%
• S&P 500 Intraday % Swing .90 +18.9%

• CBOE S&P 500 3M Implied Correlation Index 8.84 +17.7%

• G7 Currency Volatility (VXY) 5.86 -3.6%

• Emerging Markets Currency Volatility (EM-VXY) 6.51 -2.8%

• Smart Money Flow Index 19,376.4 +1.1%
• NAAIM Exposure Index  95.6 +12.6

• ICI Money Mkt Mutual Fund Assets $7.893 Trillion -.8%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$42.545 Million

• AAII % Bulls 44.9 +23.7%

• AAII % Bears 32.9 -11.6%
• CNN Fear & Greed Index 39.0 (Moved to FEAR from NEUTRAL) -7.0

Futures Spot Prices

• CRB Index 375.97 +2.7%

• Crude Oil 82.34/bbl. +15.1%

• Reformulated Gasoline 339.0 +14.7%

• Natural Gas 2.91 -1.0%
• US Power PJM Western Hub Peak Forward Y1 81.2 USD/Megawatt -.6% 
• Dutch TTF Nat Gas(European benchmark) 58.5 euros/megawatt-hour +21.2%
  

• Heating Oil 406.9 +15.5% 
• Newcastle Coal 133.0 (1,000/metric ton) +3.1%

• Gold 4,012.1 -2.6%
• Silver 56.14 -6.5%
  

• Bloomberg Industrial Metals Index 172.7 -.3%

• Copper 626.4 -.3%

• US No. 1 Heavy Melt Scrap Steel 378.0 USD/Metric Tonne -6.2%

• China Iron Ore Spot 100.0 USD/Metric Tonne +1.5%
• China Battery Grade Lithium Carbonate 24,025.0 USD/metric tonne +1.4%
• Silicon Data LLM Token Expenditure Index 1.57(price per million tokens) -3.6% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 47.26 +2.6%  

• CME Lumber 637.0 +.1%

• UBS-Bloomberg Agriculture 1,460.9 +4.7%
• US Gulf NOLA Potash Spot 337.50 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 386.5 USD/Short Ton unch.

Economy

• Atlanta Fed GDPNow Q2 Forecast +1.7% +.4 percentage point

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 15.4 +.9 percentage point

• NY Fed Real-Time Weekly Economic Index 2.61 -16.4%
• Caldara Iacoviello Geopolitical Risk Index 154.3 -17.7% 
• Global Monitor Iran Instability Index 54.0 -2.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 87.0% +15.0 percentage points

• US Economic Policy Uncertainty Index 427.5 +62.5%
• Bloomberg Global Trade Policy Uncertainty Index .6 unch.
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(47 of 500 reporting) +52.4% -84.4 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 375.20 +2.26:  Growth Rate +27.1% +.4 percentage point, P/E 20.1 -.1
• S&P 500 Current Year Estimated Profit Margin 15.65% +1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(2 of 10 reporting) +510.0% -716.6 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 907.59 +7.04: Growth Rate +75.0% +1.3 percentage points, P/E 19.3 -.2

• Citi US Economic Surprise Index 55.2 -2.6 points

• Citi Eurozone Economic Surprise Index 8.5 +4.6 points

• Citi Emerging Markets Economic Surprise Index 28.0 -6.0 points

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 87.7%(+21.9 percentage points) chance of no change, 12.3%(-21.9 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 7/29

• US Dollar Index 100.77 -.2%

• MSCI Emerging Markets Currency Index 1,869.7 +.3%
  

• Bitcoin/USD 63,901.3 -.1%

• Euro/Yen Carry Return Index 212.5 +.7%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.40 -.1%

• Yield Curve(2s/10s) 37.0 +1.25 basis points

• 10-Year US Treasury Yield 4.54% -3.0 basis points
• Japan 30-Year Yield 3.87% -3.0 basis points

• Federal Reserve's Balance Sheet $6.696 Trillion +.1%
• Federal Reserve's Discount Window Usage $6.607 Billion -15.3%

• U.S. Sovereign Debt Credit Default Swap 41.3 +.5%
  

• Illinois Municipal Debt Credit Default Swap 182.1 -.4%
  

• Italian/German 10Y Yld Spread 82.0 +8.0 basis points
• UK Sovereign Debt Credit Default Swap 18.6 +2.7%

• China Sovereign Debt Credit Default Swap 37.7 +3.3%
  

• Brazil Sovereign Debt Credit Default Swap 125.2 +1.3%
  

• Israel Sovereign Debt Credit Default Swap 61.7 +11.4%
• Dubai Sovereign Debt Credit Default Swap 65.0 +5.0%

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

• China Corp. High-Yield Bond USD ETF(KHYB) 24.1 unch.
• China High-Yield Real Estate Total Return Index 117.56 -.5%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.3% unch.
• Zillow US All Homes Rent Index YoY +2.1% +20.0 basis points
• US Urban Consumers Food CPI YoY +3.0% -10.0 basis points
• CPI Core Services Ex-Shelter YoY +3.0% -50.0 basis points
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.33% -10.0 basis points: CPI YoY +3.32% -60.0 basis points
• 1-Year TIPS Spread 1.16 -15.0 basis points
• 10-Year TIPS Spread 2.25 -1.0 basis point

• Treasury Repo 3M T-Bill Spread 20.0 -6.75 basis points
• 2-Year SOFR Swap Spread -15.0 -.5 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap .5 -.25 basis point

• N. America Investment Grade Credit Default Swap Index 52.07 +1.8% 
• BofA Private Credit Proxy Index 70.1 +.2%

• America Energy Sector High-Yield Credit Default Swap Index 104.0 -4.7%
• High-Yield Tech Sector OAS Index 455.25 +1.9% 
• Bloomberg TRACE # Distressed Bonds Traded 197.0 -4.0

• European Financial Sector Credit Default Swap Index 55.8 +2.8%

• Emerging Markets Credit Default Swap Index 144.7 +3.5%
  

• MBS 5/10 Treasury Spread 111.0 +2.0 basis points
• Bloomberg CMBS Investment Grade Bbb Average OAS 557.0 +2.0 basis points
• Avg. Auto ABS OAS .45 -1.0 basis point

• M2 Money Supply YoY % Change +5.6% unch.

• Commercial Paper Outstanding $1,388.7B -.5%

• 4-Week Moving Average of Jobless Claims 214,250 -2.2%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 51.3 -3.6%

• Average 30-Year Fixed Home Mortgage Rate 6.60% +4.0 basis points

• Weekly Mortgage Applications 259.100 -2.7%

• Weekly Retail Sales +8.20% -190.0 basis points
• OpenTable US Seated Diners % Change YoY +13.0% unch.
• Box Office Weekly Gross $190.0M -25.2%

• Nationwide Gas $3.98/gallon +.10/gallon

• Baltic Dry Index 2,840.0 -3.5%
• Drewry World Container Freight Index $4,546.6/40 ft Box -2.0%
  

• China (Export) Containerized Freight Index 1,910.7 +2.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 200.0 -4.8%
• Truckstop.com Market Demand Index 128.77 +28.8%

• Rail Freight Carloads 280,485 +4.1%
• TSA Total Traveler Throughput 2,850,229 +13.9% 
• US Morning Consult Daily Consume Sentiment Index 89.1 -.5 point
• Rasmussen Reports Daily Presidential Approval Tacking Poll 43.0% -2.0 percentage points

Best Performing Style

• Small-Cap Value +1.3%

Worst Performing Style

• Large-Cap Growth -3.0%

Leading Sectors

• Energy +6.7%

• Shipping +2.5%
• Regional Banks +2.4%

• Road & Rail +2.3%
  

• REITs +2.3%
  

Lagging Sectors

• Airlines -7.2%

• Semis -8.6%
  

• AI Innovation -9.3%

• Space -10.3%
  

• Computer Services -22.2%
  

Weekly High-Volume Stock Gainers (20)

• FEIM, DRTS, PESI, SLS, TRVI, ETON, ORKA, GPRE, FBRX, SION, CADL, SONO, TRV, BJRI, XMTR, MMED, LOGI, IIIN and FIG

Weekly High-Volume Stock Losers (14)

• MNST, WSE, WAFD, SKM, AA, ALV, SHOE, INDB, NN, NFLX, STAA, SNPS, CDNS and ISRG

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change