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

Stocks rise led by rise in small cap and energy sector stocks, while 10-year treasury yields increase, dollar weakens, and crude oil gains
U.S. stocks rose by 1.1% today fueled by a 1.4% increase in small cap stocks and a 2.6% increase in energy stocks. The S&P 500 Index is currently up 6.4% year-to-date, and up 56.2% over the past 12 months. The Dow Jones Industrial Average is currently up 8.4% year-to-date, and up 53.6% over the past 12 months. Elsewhere, commodities climbed 1.2% with gold rising 1.2%, crude oil rising 3.7% and copper rising 0.6%. The yield on 10-year Treasuries is 1.73%, while the dollar weakened by 0.4% against a basket of other currencies. Meanwhile, investment grade corporate bonds rose by 0.4%, and high yield bonds fell by 0.1%.

Stocks

  • The S&P 500 Index rose 1.1%.
  • The Dow Jones Industrial Average rose 0.4%.
  • The Nasdaq Composite Index rose 1.6%.
  • The Nasdaq 100 Index rose 1.7%.
  • The Volatility Index declined 3.1%.
  • Large cap stocks, as represented by the S&P 100 Index, rose 1.1%.
  • Mid cap stocks, as represented by the S&P MidCap 400 Index, rose 1.4%.
  • Small cap stocks, as represented by the S&P SmallCap 600 Index, rose 1.4%.

Sectors

  • Stocks in the Energy sector rose the most with a 2.6% gain.
  • Stocks in the Consumer Staples sector fell the most with a 0.5% decline.
  • With a 237.0% gain, stocks in the Technology sector have advanced the most over the past 5 years
  • With a 12.7% decline, stocks in the Energy sector have declined the most over the past 5 years

Bonds

  • The yield on 1-year Treasuries decreased by 44 basis points to 0.06% today.
  • The yield on 5-year Treasuries increased by 40 basis points to 0.9% today.
  • The yield on 10-year Treasuries increased by 123 basis points to 1.73% today.
  • The yield on 30-year Treasuries increased by 188 basis points to 2.38% today.

Credit

  • Investment grade corporate bonds tracked by the Markit iBoxx USD Liquid Investment Grade Index rose by 0.4%.
  • High yield bonds tracked by the Markit iBoxx USD Liquid High Yield Index fell by 0.1%.
  • Emerging market bonds tracked by the J.P. Morgan Emerging Markets Core Index rose by 0.5%.

Commodities

  • The S&P GSCI Total Return Index, the leading measure of general commodity price movements, rose by 1.2%
  • West Texas Intermediate crude oil rose by 3.7%.
  • Brent crude oil rose by 2.7%.
  • Gold rose by 1.2%.
  • Copper rose by 0.6%.
  • Silver rose by 2.0%.

Currencies

  • The Deutsche Bank Long US Dollar Index, which measures the greenback against a basket of other currencies, weakened by 0.4% to $25.01 today.
  • The Euro strengthened by 17.8% to $1.18.
  • The British pound strengthened by 38.4% to $1.38.
  • The Japanese yen strengthened by 10.6% to 110.58 per dollar.

Cryptocurrencies

  • Bitcoin declined by NaN% to $58922.43 today.
  • Ethereum declined by NaN% to $1965.52.
  • Tether declined by NaN% to $1.0009565773996996.
  • XRP declined by NaN% to $0.56.


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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