Stocks Slump, Dollar Weakens, Treasuries Fall, Commodities Rise - U.S Daily Markets Wrap

Stocks decline led by decline in large cap and financials sector stocks, while 10-year treasury yields increase, dollar weakens, and crude oil gains
U.S. stocks fell by 0.6% today fueled by a 1.4% increase in large cap stocks and a 0.9% decline in financials stocks. The S&P 500 Index is currently up 4.6% year-to-date, and up 60.4% over the past 12 months. The Dow Jones Industrial Average is currently up 7.1% year-to-date, and up 56.9% over the past 12 months. Elsewhere, commodities climbed 2.6% with gold rising 0.4%, crude oil rising 3.9% and copper rising 1.7%. The yield on 10-year Treasuries is 1.62%, while the dollar weakened by 0.1% against a basket of other currencies. Meanwhile, investment grade corporate bonds fell by 0.1%, and high yield bonds rose by 0.3%.

Stocks

  • The S&P 500 Index declined 0.6%.
  • The Dow Jones Industrial Average declined 0.6%.
  • The Nasdaq Composite Index stayed level.
  • The Nasdaq 100 Index rose 1.6%.
  • The Volatility Index declined 4.0%.
  • Large cap stocks, as represented by the S&P 100 Index, rose 1.4%.
  • Mid cap stocks, as represented by the S&P MidCap 400 Index, rose 2.3%.
  • Small cap stocks, as represented by the S&P SmallCap 600 Index, rose 2.4%.

Sectors

  • Stocks in the Materials sector rose the most with a 2.8% gain.
  • Stocks in the Financials sector fell the most with a 0.9% decline.
  • With a 234.0% gain, stocks in the Technology sector have advanced the most over the past 5 years
  • With a 12.1% decline, stocks in the Energy sector have declined the most over the past 5 years

Bonds

  • The yield on 1-year Treasuries decreased by 43 basis points to 0.07% today.
  • The yield on 5-year Treasuries increased by 33 basis points to 0.83% today.
  • The yield on 10-year Treasuries increased by 112.00000000000001 basis points to 1.62% today.
  • The yield on 30-year Treasuries increased by 181 basis points to 2.31% today.

Credit

  • Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index fell by 0.1%.
  • High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index rose by 0.3%.
  • Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index fell by 0.0%.

Commodities

  • The S&P GSCI Total Return Index, the leading measure of general commodity price movements, rose by 2.6%
  • West Texas Intermediate crude oil rose by 3.9%.
  • Brent crude oil rose by 4.4%.
  • Gold rose by 0.4%.
  • Copper rose by 1.7%.
  • Silver declined by 0.3%.

Currencies

  • The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, weakened by 0.1% to $24.98 today.
  • The Euro strengthened by 17.9% to $1.18.
  • The British pound strengthened by 37.9% to $1.38.
  • The Japanese yen strengthened by 9.7% to 109.68 per dollar.

Cryptocurrencies

  • Bitcoin declined by NaN% to $54713.75 today.
  • Ethereum declined by NaN% to $1687.62.
  • Tether declined by NaN% to $1.0013633054327602.
  • XRP declined by NaN% to $0.55.


This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

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