Weekly Scoreboard*

S&P 500 7,811.5 +1.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 51,655.0 +.9%

• NASDAQ 27,366.2 +.6%

• Russell 2000 2,807.0 -.9%

• NYSE FANG+ 19,589.7 +2.0%

• Goldman 50 Most Shorted 300.2 -1.7%
• Vaneck Social Sentiment 38.53 -.9%

• Wilshire 5000 76,901.8 +1.0%

• Russell 1000 Growth 5,152.2 +.7%

• Russell 1000 Value 2,493.0 +1.6%

• S&P 500 Consumer Staples 935.2 +4.0%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 270.8 -1.3% 
  

• NYSE Technology 10,160.1 -1.0%

• Transports 19,804.1 -1.0%

• Utilities 1,056.0 +3.7%

• MSCI Europe Banks 129.6 -3.0%
  

• MSCI Emerging Markets 66.9 -1.6%

• Credit Suisse AllHedge Long/Short Equity Index 263.5 -.5%

• Credit Suisse AllHedge Equity Market Neutral Index 137,9 -.9%

Sentiment/Internals

• NYSE Cumulative A/D Line 610,593 +.2%
• Nasdaq/NYSE Volume Ratio 11.5 +91.8%

• Bloomberg New Highs-Lows Index -658 +586

• Crude Oil Commercial Bullish % Net Position -14.0 +16.0%

• CFTC Oil Net Speculative Position 109,463 -22.4%

• CFTC Oil Total Open Interest 1,878,576 +2.0%

• Total Put/Call .82 +6.5%

• OEX Put/Call .74 -8.0%

• Equity Put/Call .66 -7.0%

• NYSE Arms 1.08 -4.0%
  
• Bloomberg Global Risk-On/Risk-Off Index 136.7 -.2%
• Bloomberg US Financial Conditions Index 1.15 +9.0 basis points
• Bloomberg European Financial Conditions Index 1.09 -9.0 basis points

• Volatility(VIX) 14.8 -2.9%
• S&P 500 Intraday % Swing .33 -52.9%

• CBOE S&P 500 3M Implied Correlation Index 11.4 -.1%

• G7 Currency Volatility (VXY) 6.75 -6.4%

• Emerging Markets Currency Volatility (EM-VXY) 6.97 -9.4%

• Smart Money Flow Index 18,273.4 -.3%
• CFTC Weekly Equity Positioning Sentiment Gauge(0-100) 36.0 -6.0

• ICI Money Mkt Mutual Fund Assets $7.964 Trillion +.9%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$7.326 Million

• AAII % Bulls 40.3 +16.5%

• AAII % Bears 39.0 -16.1%
• CNN Fear & Greed Index 45.0 (Moved to NEUTRAL from FEAR) +16.0

Futures Spot Prices

• CRB Index 414.73 +1.0%

• Crude Oil 91.2/bbl. -.2%

• Reformulated Gasoline 327.2 -1.2%

• Natural Gas 3.20 +5.5%
• US Power PJM Western Hub Peak Forward Y1 93,1 USD/Megawatt +19.1% 
• Dutch TTF Nat Gas(European benchmark) 80.2 euros/megawatt-hour +4.8%
  

• Heating Oil 466.5 +2.6% 
• Newcastle Coal 150.5 (1,000/metric ton) +.8%

• Gold 4,194.8 +1.4%
• Silver 60.8 +1.0%
  

• Bloomberg Industrial Metals Index 175.2 +1.0%

• Copper 671.1 +2.0%

• US No. 1 Heavy Melt Scrap Steel 396. USD/Metric Tonne -1.1%

• China Iron Ore Spot 91.2 USD/Metric Tonne -.7%
• China Battery Grade Lithium Carbonate 19,025.0 USD/metric tonne n/a
• Silicon Data LLM Token Expenditure Index .99(price per million tokens) +1.0% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 50.02 +.8%  

• CME Lumber 534.50 +1.3%

• UBS-Bloomberg Agriculture 1,569.3 +.3%
• US Gulf NOLA Potash Spot 352.5 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 428.5 USD/Short Ton -2.8%

Economy

• Atlanta Fed GDPNow Q3 Forecast +3.6% -10.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 9.4 +1.0 percentage point

• NY Fed Real-Time Weekly Economic Index 2.7 -8.8%
• Caldara Iacoviello Geopolitical Risk Index 141.5 -9.4% 
• Global Monitor Iran Instability Index 69.0 -6.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 30.0% +10.0 percentage points

• US Economic Policy Uncertainty Index 353.8 +120.3%
• Bloomberg Global Trade Policy Uncertainty Index .8 -.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(19 of 500 reporting) +144.0% -34.0 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 408.48 +2.02:  Growth Rate +24.5% +.6 percentage point, P/E 19.0 unch.
• S&P 500 Current Year Estimated Profit Margin 16.37% +7.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(1 of 10 reporting) +1,013.1% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 1,085.82 +6.35: Growth Rate +61.7% +.9 percentage point, P/E 17.9 +.1

• Citi US Economic Surprise Index 36.1 -1.6 points

• Citi Eurozone Economic Surprise Index 52.5 -22.0 points

• Citi Emerging Markets Economic Surprise Index 21.40 -3.2 points

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.5-3.75%, 80.6%(+2.3 percentage points) chance of no change, 19.4%(-2.3 percentage points) chance of +25.0 basis point hike to 4.0-4.25% on 10/28

• US Dollar Index 102.2 +.3%

• MSCI Emerging Markets Currency Index 1,930.9 +.4%
  

• Bitcoin/USD 82,450 -4.0%

• Euro/Yen Carry Return Index 203.4 -.2%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.07 -.3%

• Yield Curve(2s/10s) 45.5 +.75 basis point

• 10-Year US Treasury Yield 5.25% -3.0 basis points
• Japan 30-Year Yield 4.07% -13.0 basis points

• Federal Reserve's Balance Sheet $6.701 Trillion +.1%
• Federal Reserve's Discount Window Usage $7.701 Billion +12.1%

• U.S. Sovereign Debt Credit Default Swap 41.7 -2.6%
  

• Illinois Municipal Debt Credit Default Swap 196.8 -2.1%
  

• Italian/German 10Y Yld Spread 109.0 -6.0 basis points
• France Sovereign Debt Credit Default Swap 79.2 -7.6% 
• UK Sovereign Debt Credit Default Swap 25.8 -2.4%

• China Sovereign Debt Credit Default Swap 36.4 -.9%
  

• Brazil Sovereign Debt Credit Default Swap 109 -16.4%
  

• Israel Sovereign Debt Credit Default Swap 58.6 -1.2%
• Dubai Sovereign Debt Credit Default Swap 62.9 +.1%

• South Korea Sovereign Debt Credit Default Swap 23.5 -2.4%

• China Corp. High-Yield Bond USD ETF(KHYB) 23.65 +.2%
• China High-Yield Real Estate Total Return Index 119.3 -.8%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.4% -10.0 basis points
• Zillow US All Homes Rent Index YoY +2.6% unch.
• US Urban Consumers Food CPI YoY +2.6% unch.
• CPI Core Services Ex-Shelter YoY +3.0% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.02% unch.: CPI YoY +3.60% unch.
• 1-Year TIPS Spread 2.79 +4.0 basis points
• 10-Year TIPS Spread 2.35 -1.0 basis point

• Treasury Repo 3M T-Bill Spread 30.5 +5.75 basis points
• 2-Year SOFR Swap Spread -13.5 +1.5 basis points

• 3-Month EUR/USD Cross-Currency Basis Swap -2.25 +2.25 basis points

• N. America Investment Grade Credit Default Swap Index 58.2 -3.5% 
• BofA Private Credit Proxy Index 67.7 -1.5%

• America Energy Sector High-Yield Credit Default Swap Index 151.0 -2.4%
• High-Yield Tech Sector OAS Index 438.2 -4.9% 
• Bloomberg TRACE # Distressed Bonds Traded 253.0 +31.0

• European Financial Sector Credit Default Swap Index 70.5 -1.9%

• Emerging Markets Credit Default Swap Index 156.5 -6.5%
  

• MBS 5/10 Treasury Spread 123.0 -1.0 basis point
• Bloomberg CMBS Investment Grade Bbb Average OAS 565.0 +2.0 basis points
• Avg. Auto ABS OAS .45 +2.0 basis points

• M2 Money Supply YoY % Change +5.7% unch.

• Commercial Paper Outstanding $1,485.6B +5.6%

• 4-Week Moving Average of Jobless Claims 198,000 -1.3%

• Continuing Claims Unemployment Rate 1.1% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 54.7 -2.8%

• Average 30-Year Fixed Home Mortgage Rate 7.45% +20.0 basis points

• Weekly Mortgage Applications 204,700 -4.2%

• Weekly Retail Sales +8.30% +10.0 basis points
• OpenTable US Seated Diners % Change YoY +11.0% -8.0 percentage points
• Box Office Weekly Gross $165.8M +10.0%

• Nationwide Gas $4.37/gallon -.03/gallon 
• Nationwide Diesel $6.28/gallon -.09/gallon 

• Baltic Dry Index 2,973.0 -5.6%
• Drewry World Container Freight Index $4,351.3/40 ft Box -1.9%
  

• China (Export) Containerized Freight Index 1,912.4 -.6%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 550.0 +10.0%
• Truckstop.com Market Demand Index 110.6 +6.9%

• Rail Freight Carloads 299,001 -.9%
• TSA Total Traveler Throughput 2,901,564 +39.3% 
• US Morning Consult Daily Consume Sentiment Index 86.9 -.9 point
• Rasmussen Reports Daily Presidential Approval Tacking Poll 41.0% -1.0 percentage point

Best Performing Style

• Large-Cap Value +1.6%

Worst Performing Style

• Small-Cap Growth -1.0%

Leading Sectors

• Energy +5.0%

• Cyber Security +4.8%
• Utilities +3.8%

• Healthcare Providers +3.7%
  

• Software +3.6%
  

Lagging Sectors

• Regional Banks -2.4%

• Alt Energy -4.0%
  

• Lithography/Photonics -4.1%

• Space -4.2%
  

• Semis -4.4%
  

Weekly High-Volume Stock Gainers (47)

• WFF, FSLY, NVAX, KLRA, DNA, PICS, CCI, MRNA, HUM, DFTX, PCVX, AMT, IBRX, SRZN, SECZ, QDEL, MIRM, SNOW, LBRX, COAG, ZS, CLF, SBAC, LITE, PRGO, STNE, CHDN, LI, MANE, TEVA, IONS, CIEN, XP, GME, KYMR, BEKE, CTNM, NTLA, DT, PAGS, ELV, PCG, VST, MIR, UNH and PENG

Weekly High-Volume Stock Losers (18)

• GPI, HROW, HESM, ALMR, RCI, BKD, CHTR, VOD, BCE, AVNT, GRRR, PKE, T, TMUS, ASTS, CDNL and XRPN

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change