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TODAY'S MARKET SUMMARY

Market Summary

Moving the Market

Sector Watch

            -06/19-

  • 10 year note 2.89
  • Dow drops for 6th day as trade fears escalate.
Strong: Weak:
Telecom Services
Consumer Staples
Utilities
Health care
 
Materials
Information Tech
Financials
Industrials
 




 


MARKET WEEKLY

WEEK 24:  06/11 - 06/15

  • Dow Industrials: 25,090.48 -226.05
  • S&P 500: 2,779.42  +0.39
  • NASDAQ Composite: 7,746.38 +100.87
  • NYSE AMEX Composite: 2,724.86 -2.81
  • NYSE Composite: 12,734.65  -97.42
  • 10-year Treasury: 2.93% -0.01
     

 





Select Economic Indicators
Stock Market Valuation Impact

Period:  06/11 - 06/15  

  • Consumer Price Index +0.2%
    Neutral (Met consensus expectations for a moderate increase during May and is on target to sustain the Federal Reserve's 2.0% annual target.)
  • Producer Price Index +0.5%
    Negative (The May increase reflects large increases for steel and aluminum and was above the consensus for outlook for moderate inflation.)
  • FOMC Rate Decision +0.25%
    Neutral (The Federal Reserve's interest rates increase was widely expected and is projected to increase by another 0.50% by yearend.)
  • Retail Sales +0.8%
    Positive (This strong above consensus increase during May reflects broad gains in current consumer spending.)
  • Business Inventories +0.3%
    Positive (This April measure matched consensus and is low compared to underlying sales that will require restocking that will be beneficial for future Gross Domestic Product growth.)
  • Empire State Manufacturing Index +5.9 to 25.0
    Positive (This well above consensus June measure reflects very strong economic activity in the region.)
  • Industrial Production -0.1%
    Negative (This May measure reflects a large decline in auto production and other lower than projected manufacturing volumes.)
  • Consumer Sentiment +0.8 to 99.3
    Positive (Tariff and trade war concerns apparently are not affecting consumers' immediate outlook in this latest June measure.)

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