Weekly Scoreboard*

S&P 500 7,679.2 -1.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 53,318.4 -1.0%

• NASDAQ 26,204.8 -2.1%

• Russell 2000 3,018.10 -1.8%

• NYSE FANG+ 18,368.6 -1.6%

• Goldman 50 Most Shorted 328.8 -.7%
• Vaneck Social Sentiment 36.8 -.7%

• Wilshire 5000 76,112.3 -1.5%

• Russell 1000 Growth 4,928.3 -2.3%

• Russell 1000 Value 2,527.3 -.6%

• S&P 500 Consumer Staples 939.2 -1.2%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 272.4 +.9%
  

• NYSE Technology 9,420.1 -2.6%

• Transports 21,511.6 -1.0%

• Utilities 1,075.7 -2.7%

• MSCI Europe Banks 135.9 -3.1%
  

• MSCI Emerging Markets 67.11 +.7%

• Credit Suisse AllHedge Long/Short Equity Index 266.3 -1.3%

• Credit Suisse AllHedge Equity Market Neutral Index 137.0 +.1%

Sentiment/Internals

• NYSE Cumulative A/D Line 625,627 -4%
• Nasdaq/NYSE Volume Ratio 12.2 +32.1%

• Bloomberg New Highs-Lows Index 117 -1,324

• Crude Oil Commercial Bullish % Net Position -12.6 +14.5%

• CFTC Oil Net Speculative Position 99,196 -11.8%

• CFTC Oil Total Open Interest 1,892,429 +.3%

• Total Put/Call .71 -14.6%

• OEX Put/Call 1.05 +120.0%

• ISE Sentiment 179.0 +3.5%

• NYSE Arms .67 -20.2%
  
• Bloomberg Global Risk-On/Risk-Off Index 127.5 +.8%
• Bloomberg US Financial Conditions Index 1.26 -10.0 basis point
• Bloomberg European Financial Conditions Index 1.42 +1.0 basis point

• Volatility(VIX) 15.3 +6.9%
• S&P 500 Intraday % Swing .43 -.6%

• CBOE S&P 500 3M Implied Correlation Index 10.3 -7.6%

• G7 Currency Volatility (VXY) 6.41 +3.4%

• Emerging Markets Currency Volatility (EM-VXY) 6.80 +.9%

• Smart Money Flow Index 17,875.8 +.5%
• NAAIM Exposure Index  79.7 -4.3

• ICI Money Mkt Mutual Fund Assets $7.928 Trillion +.01%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$8.097 Million

• AAII % Bulls 35.5 +2.3%

• AAII % Bears 39.9 +5.3%
• CNN Fear & Greed Index 64.0 (GREED) -7.0

Futures Spot Prices

• CRB Index 403.4 +3.9%

• Crude Oil 86.9/bbl. +5.7%

• Reformulated Gasoline 333.7 +5.5%

• Natural Gas 2.77 +1.8%
• US Power PJM Western Hub Peak Forward Y1 74.0 USD/Megawatt -7.0% 
• Dutch TTF Nat Gas(European benchmark) 66.4 euros/megawatt-hour +9.4%
  

• Heating Oil 448.0 +5.5% 
• Newcastle Coal 138.3 (1,000/metric ton) +1.8%

• Gold 4,621.5 +5.7%
• Silver 69.52 +7.6%
  

• Bloomberg Industrial Metals Index 179.9 +.2%

• Copper 658.4 -.4%

• US No. 1 Heavy Melt Scrap Steel 394.5 USD/Metric Tonne -1.4%

• China Iron Ore Spot 96.50 USD/Metric Tonne +1.0%
• China Battery Grade Lithium Carbonate 22,150.0 USD/metric tonne +5.4%
• Silicon Data LLM Token Expenditure Index 1.08(price per million tokens) +5.2% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 50.43 +1.4%  

• CME Lumber 574.0 +.9%

• UBS-Bloomberg Agriculture 1,568.9 +3.7%
• US Gulf NOLA Potash Spot 340.0 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 390.0 USD/Short Ton +.4%

Economy

• Atlanta Fed GDPNow Q3 Forecast +4.0% n/a

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 14.4 -.1 percentage point

• NY Fed Real-Time Weekly Economic Index 2.56 -5.2%
• Caldara Iacoviello Geopolitical Risk Index 144.5 -9.0% 
• Global Monitor Iran Instability Index 66.0 -7.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 92.0% unch.

• US Economic Policy Uncertainty Index 301.9 +78.7%
• Bloomberg Global Trade Policy Uncertainty Index 1.0 +.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(467 of 500 reporting) +49.6% +n/a percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 391.09 +n/a:  Growth Rate +32.8% +n/a percentage points, P/E 19.6 -n/a
• S&P 500 Current Year Estimated Profit Margin 16.28% +2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(8 of 10 reporting) +138.4% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 951.3 +n/a: Growth Rate +83.4% +n/a percentage points, P/E 19.2 -n/a

• Citi US Economic Surprise Index 26.20 +11.2 points

• Citi Eurozone Economic Surprise Index 87.9 +17.4 points

• Citi Emerging Markets Economic Surprise Index 24.4 -2.6 points

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 59.4%(-7.5 percentage points) chance of no change, 40.6%(+7.5 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 9/16

• US Dollar Index 98.8 -.8%

• MSCI Emerging Markets Currency Index 1,912.5 +.5%
  

• Bitcoin/USD 76,945 +22.7%

• Euro/Yen Carry Return Index 212.8 +.8%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.39 +1.2%

• Yield Curve(2s/10s) 50.5 -1.0 basis point

• 10-Year US Treasury Yield 4.74% +5.0 basis points
• Japan 30-Year Yield 4.08% +5.0 basis points

• Federal Reserve's Balance Sheet $6.698 Trillion -.2%
• Federal Reserve's Discount Window Usage $6.253 Billion +10.6%

• U.S. Sovereign Debt Credit Default Swap 37.24 +.5%
  

• Illinois Municipal Debt Credit Default Swap 179.1 +.1%
  

• Italian/German 10Y Yld Spread 83.0 +5.0 basis points
• UK Sovereign Debt Credit Default Swap 17.7 +.5%

• China Sovereign Debt Credit Default Swap 35.3 -2.9%
  

• Brazil Sovereign Debt Credit Default Swap 123.5 -.7%
  

• Israel Sovereign Debt Credit Default Swap 54.2 +2.7%
• Dubai Sovereign Debt Credit Default Swap 63.9 +.3%

• South Korea Sovereign Debt Credit Default Swap 21.9 -1.1%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.24 +.02%
• China High-Yield Real Estate Total Return Index 122.4 -.6%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.4% +10.0 basis points
• Zillow US All Homes Rent Index YoY +2.4% +30.0 basis points
• US Urban Consumers Food CPI YoY +2.9% -10.0 basis points
• CPI Core Services Ex-Shelter YoY +2.8% -20.0 basis points
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.29% -2.0 basis points: CPI YoY +3.36% -6.0 basis points
• 1-Year TIPS Spread 2.04 +37.0 basis points
• 10-Year TIPS Spread 2.34 +6.0 basis points

• Treasury Repo 3M T-Bill Spread 19.75 +1.75 basis points
• 2-Year SOFR Swap Spread -14.75 -.25 basis point

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

• N. America Investment Grade Credit Default Swap Index 50.9 +.4% 
• BofA Private Credit Proxy Index 73.3 -.9%

• America Energy Sector High-Yield Credit Default Swap Index 148.0 -1.0%
• High-Yield Tech Sector OAS Index 463.25 +.9% 
• Bloomberg TRACE # Distressed Bonds Traded 206.0 -5.0

• European Financial Sector Credit Default Swap Index 54.0 +1.5%

• Emerging Markets Credit Default Swap Index 139.6 +1.2%
  

• MBS 5/10 Treasury Spread 113.0 +5.0.0 basis point
• Bloomberg CMBS Investment Grade Bbb Average OAS 555.0 -6.0 basis points
• Avg. Auto ABS OAS .45 unch.

• M2 Money Supply YoY % Change +5.5% unch.

• Commercial Paper Outstanding $1,441.2B +.9%

• 4-Week Moving Average of Jobless Claims 204,000 +2.1%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 52.8 -2.9%

• Average 30-Year Fixed Home Mortgage Rate 6.73% -4.0 basis points

• Weekly Mortgage Applications 247,700 -.4%

• Weekly Retail Sales +8.0% -30.0 basis points
• OpenTable US Seated Diners % Change YoY +15.0% +2.0 percentage points
• Box Office Weekly Gross $296.7M -53.4%

• Nationwide Gas $4.11/gallon +.03/gallon

• Baltic Dry Index 2,791.0 -2.5%
• Drewry World Container Freight Index $4,526.2/40 ft Box +4.3%
  

• China (Export) Containerized Freight Index 1,821.7 -1.4%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 255.0 +27.5%
• Truckstop.com Market Demand Index 96.5 -5.3%

• Rail Freight Carloads 291,838 -1.2%
• TSA Total Traveler Throughput 2,595,226 +13.5% 
• US Morning Consult Daily Consume Sentiment Index 92.3 +2.8 points
• Rasmussen Reports Daily Presidential Approval Tacking Poll 42.0% -1.0 percentage point

Best Performing Style

• Large-Cap Value -.6%

Worst Performing Style

• Mid-Cap Growth -2.6%

Leading Sectors

• Gold & Silver +13.9%

• Biotech +7.2%
• Shipping +7.2%

• Pharma +6.1%
  

• Agriculture +4.4%
  

Lagging Sectors

• Space -6.2%

• Defense -6.2%
  

• Airlines -7.9%

• Lithography/Photonics -8.5%
  

• Computer Hardware -9.7%
  

Weekly High-Volume Stock Gainers (76)

• ELMT, ARCT, VOGX, ASST, SLS, HOOD, EZPW, UEC, VIRT, CVI, EI, TGTX, MP, FUTU, PSNL, UUUU, TEM, COIN, FIGR, EIKN, ERO, CNH, FCX, SCCO, MRNA, NTES, HMY, EGO, MSTR, BMNR, CAI, ALB, HTFL, TRLV, AMR, SBSW, HCA, ALM, BTDR, CCJ, RIVN, GFI, TSLA, AU, WPM, SQM, BWLP, MOS, BJ, HSHP, SSMR, PURR, IDR, KGC, SHIP, CRCL, EL, BEAM, AVAH, VCX, EQX, LB, ZIM, BNTX, DRD, BHP, TECK, CRSP, TGT, DLO, BVN, DE and ASMB

Weekly High-Volume Stock Losers (7)

• REAL, DAR, SA, BABA, OSIS, CIFR and HUT

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change