Weekly Scoreboard*

S&P 500 7,481.5 +1.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 52,525.0 +1.1%

• NASDAQ 25,344.9 +1.4%

• Russell 2000 2,936.5 +.2%

• NYSE FANG+ 17,173.0 +2.1%

• Goldman 50 Most Shorted 301.1 +1.2%
• Vaneck Social Sentiment 33.3 +.6%

• Wilshire 5000 74,111.4 +.9%

• Russell 1000 Growth 4,756.9 +.5%

• Russell 1000 Value 2,474.2 +1.4%

• S&P 500 Consumer Staples 942.3 +1.3%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 263.2 +3.7%
  

• NYSE Technology 8,934.6 +.5%

• Transports 21,082.9 -6.1%

• Utilities 1,129.3 -3.8%

• MSCI Europe Banks 135.4 +1.5%
  

• MSCI Emerging Markets 64.24 +1.4%

• Credit Suisse AllHedge Long/Short Equity Index 265.99 -.6%

• Credit Suisse AllHedge Equity Market Neutral Index 135.79 -.4%

Sentiment/Internals

• NYSE Cumulative A/D Line 620,696 +.3%
• Nasdaq/NYSE Volume Ratio 19.9 +56.7%

• Bloomberg New Highs-Lows Index 101 +774

• Crude Oil Commercial Bullish % Net Position -10.8 -28.1%

• CFTC Oil Net Speculative Position 81,689 +30.3%

• CFTC Oil Total Open Interest 1,864,487 -.59%

• Total Put/Call .97 unch.

• OEX Put/Call .36 +4.6%

• ISE Sentiment 179.0 +3.5%

• NYSE Arms 1.05 -7.5%
  
• Bloomberg Global Risk-On/Risk-Off Index 126.5 +.7%
• Bloomberg US Financial Conditions Index 1.05 -6.0 basis point
• Bloomberg European Financial Conditions Index 1.29 +11.0 basis points

• Volatility(VIX) 16.6 -11.0%
• S&P 500 Intraday % Swing 1.21 +92.6%

• CBOE S&P 500 3M Implied Correlation Index 9.97 -2.4%

• G7 Currency Volatility (VXY) 6.40 +4.6%

• Emerging Markets Currency Volatility (EM-VXY) 6.96 +.6%

• Smart Money Flow Index 18,230.3 -.7%
• NAAIM Exposure Index  79.7 -4.3

• ICI Money Mkt Mutual Fund Assets $7.854 Trillion -.1%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$5.694 Million

• AAII % Bulls 31.0 +4.7%

• AAII % Bears 42.1 -.5%
• CNN Fear & Greed Index 41.0 (FEAR) unch.

Futures Spot Prices

• CRB Index 384.5 -3.9%

• Crude Oil 85.1/bbl. -6.0%

• Reformulated Gasoline 322.20 -6.2%

• Natural Gas 2.75 -5.0%
• US Power PJM Western Hub Peak Forward Y1 81.99 USD/Megawatt -1.9% 
• Dutch TTF Nat Gas(European benchmark) 59.1 euros/megawatt-hour -6.5%
  

• Heating Oil 414.3 -1.2% 
• Newcastle Coal 134.0 (1,000/metric ton) -.7%

• Gold 4,050.70 +.03%
• Silver 57.90 -.5%
  

• Bloomberg Industrial Metals Index 176.7 +1.0%

• Copper 650.9 +2.3%

• US No. 1 Heavy Melt Scrap Steel 395.5 USD/Metric Tonne -1.7%

• China Iron Ore Spot 94.50 USD/Metric Tonne -1.4%
• China Battery Grade Lithium Carbonate 21,725.0 USD/metric tonne n/a
• Silicon Data LLM Token Expenditure Index 1.39(price per million tokens) -5.1% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 48.72 +.7%  

• CME Lumber 614.5 -5.5%

• UBS-Bloomberg Agriculture 1,447.4 -2.8%
• US Gulf NOLA Potash Spot 340.0 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 429.0 USD/Short Ton n/a

Economy

• Atlanta Fed GDPNow Q3 Forecast +5.0% n/a

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 12.8 -.1 percentage point

• NY Fed Real-Time Weekly Economic Index 2.46 -14.3%
• Caldara Iacoviello Geopolitical Risk Index 195.9 +27.0% 
• Global Monitor Iran Instability Index 56.0 -2.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 90.0% -1.0 percentage point

• US Economic Policy Uncertainty Index 310.20 +91.25%
• Bloomberg Global Trade Policy Uncertainty Index 1.2 +.2
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(305 of 500 reporting) +57.0% +24.1 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 379.27 +3.54:  Growth Rate +30.1% +1.1 percentage points, P/E 19.4 -.1
• S&P 500 Current Year Estimated Profit Margin 16.01% +25.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +138.3% -190.9 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 924.63 +5.50: Growth Rate +78.3% +1.1 percentage points, P/E 18.4 unch.

• Citi US Economic Surprise Index 38.3 -18.8 points

• Citi Eurozone Economic Surprise Index 66.0 +16.3 points

• Citi Emerging Markets Economic Surprise Index 26.2 +3.0 points

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 35.0%(+17.0 percentage points) chance of no change, 65.0%(+9.7 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 9/16

• US Dollar Index 99.89 -1.6%

• MSCI Emerging Markets Currency Index 1,885.2 +.8%
  

• Bitcoin/USD 63,111.6 -2.2%

• Euro/Yen Carry Return Index 209.4 -2.0%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.35 +1.0%

• Yield Curve(2s/10s) 44.75 +10.0 basis points

• 10-Year US Treasury Yield 4.74% +6.0 basis points
• Japan 30-Year Yield 4.0% +1.0 basis point

• Federal Reserve's Balance Sheet $6.691 Trillion -.1%
• Federal Reserve's Discount Window Usage $5.656 Billion +21.3%

• U.S. Sovereign Debt Credit Default Swap 39.8 -1.8%
  

• Illinois Municipal Debt Credit Default Swap 185.7 +3.3%
  

• Italian/German 10Y Yld Spread 81.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 18.2 -1.1%

• China Sovereign Debt Credit Default Swap 38.0 -.6%
  

• Brazil Sovereign Debt Credit Default Swap 125.1 +.8%
  

• Israel Sovereign Debt Credit Default Swap 62.1 -6.1%
• Dubai Sovereign Debt Credit Default Swap 66.9 -.2%

• South Korea Sovereign Debt Credit Default Swap 22.8 -1.7%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.0 -.4%
• China High-Yield Real Estate Total Return Index 119.9 +1.1%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.3% unch.
• Zillow US All Homes Rent Index YoY +2.1% unch.
• US Urban Consumers Food CPI YoY +3.0% unch.
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.31% -2.0 basis points: CPI YoY +3.42% +5.0 basis points
• 1-Year TIPS Spread 1.71 -21.0 basis points
• 10-Year TIPS Spread 2.28 +3.0 basis points

• Treasury Repo 3M T-Bill Spread 14.0 -12.5 basis points
• 2-Year SOFR Swap Spread -14.25 +1.0 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap 1.25 +1.5 basis points

• N. America Investment Grade Credit Default Swap Index 53.37 +2.0% 
• BofA Private Credit Proxy Index 68.1 +.4%

• America Energy Sector High-Yield Credit Default Swap Index 151.0 +48.5%
• High-Yield Tech Sector OAS Index 454.25 -1.9% 
• Bloomberg TRACE # Distressed Bonds Traded 208.0 +8.0

• European Financial Sector Credit Default Swap Index 55.6 -2.7%

• Emerging Markets Credit Default Swap Index 145.4 -1.9%
  

• MBS 5/10 Treasury Spread 115.0 unch.
• Bloomberg CMBS Investment Grade Bbb Average OAS 558.0 +4.0 basis points
• Avg. Auto ABS OAS .43 unch.

• M2 Money Supply YoY % Change +5.5% -10.0 basis points

• Commercial Paper Outstanding $1,397.1B +.4%

• 4-Week Moving Average of Jobless Claims 202,750 -2.4%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 56.5 -.2%

• Average 30-Year Fixed Home Mortgage Rate 6.72% +9.0 basis points

• Weekly Mortgage Applications 247,200 -6.4%

• Weekly Retail Sales +8.1% +10.0 basis points
• OpenTable US Seated Diners % Change YoY +13.0% +2.0 percentage points
• Box Office Weekly Gross $306.1M +57.7%

• Nationwide Gas $4.11/gallon -.01/gallon

• Baltic Dry Index 2,673.0 -2.6%
• Drewry World Container Freight Index $4,254.7/40 ft Box -2.7%
  

• China (Export) Containerized Freight Index 1,857.0 -2.3%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 205.0 -2.4%
• Truckstop.com Market Demand Index 101.9 -11.0%

• Rail Freight Carloads 293,062 -1.3%
• TSA Total Traveler Throughput 2,862,797 +14.2% 
• US Morning Consult Daily Consume Sentiment Index 90.6 -.5 point
• Rasmussen Reports Daily Presidential Approval Tacking Poll 44.0% +1.0 percentage point

Best Performing Style

• Large-Cap Value +1.3%

Worst Performing Style

• Small-Cap Value -.1%

Leading Sectors

• Software +7.3%

• Internet +5.9%
• Video Gaming +5.7%

• Restaurants +5.5%
  

• Airlines +5.2%
  

Lagging Sectors

• Semis -2.9%

• Road & Rail -3.4%
  

• Homebuilding -3.8%

• Utilities -3.9%
  

• Coal -4.1%
  

Weekly High-Volume Stock Gainers (45)

• REPL, IESC, AXTI, AMBA, PWP, AMCX, AMZN, SPXC, CDNA, CSTL, MSA, DXCM, DLB, ARXS, SPSC, BELFB, GTES, BETR, NVT, MPWR, KC, ETN, PGY, GIL, FND, GOOG, WY, GH, BABA, LECO, MTX, FSLR, WDC, MHK, STX, BE, NEOG, GSAT, WHD, QTWO, YUMC, PCOR, WBD and EDU

Weekly High-Volume Stock Losers (34)

• SNDK, RTO, UPBD, AN, LRN, MOG/A, NXT, AU, LIN, MDGL, BBNX, RIVN, IMXI, SHAZ, MAX, NVO, LEA, AAPL, NBIX, PTCT, CTVA, COIN, ALHC, PRM, BTSG, OLN, MTZ, FLGT, GDDY, RDDT, VCYT, RBLX and GLUE

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change