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TODAY'S MARKET SUMMARY

Market Summary

Moving the Market

Sector Watch

            -08/16-

  • 10 year note 2.86
  • Dow closes up over 390 points on US-China trade hopes.
Strong: Weak:
Financials
Industrials
Telecom Services
Consumer Staples



 
None
 


 


MARKET WEEKLY

WEEK 32:  08/06 - 08/10

  • Dow Industrials: 25,313.14 -149.44
  • S&P 500: 2,833.28  -7.07
  • NASDAQ Composite: 7,839.11 +27.09
  • NYSE AMEX Composite: 2,667.42 -38.60
  • NYSE Composite: 12,943.50  -109.86
  • 10-year Treasury: 2.87%   -0.08
     

 





Select Economic Indicators
Stock Market Valuation Impact

Period:  08/06 - 08/10  

  • Job Openings +3K to 6.662M
    Positive (The market extended its gains after the report showing little change in this June period healthy job market report.)
  • Consumer Credit 10.2B
    Neutral (This below consensus increase during June shows consumers spending more prudently after the large spike in May.)
  • Producer Prices 0.0%
    Positive (Wholesale price pressures were surprisingly absent during July, which eases immediate concern that it might show inflationary pressures.)
  • Consumer Prices +0.2%
    Neutral (July prices were in consensus range and showed little acceleration bringing the year-on-year increase to 2.9%.)
  • Treasury Budget -76.9B
    Neutral (The increase in the federal deficit was close to consensus expectations for July.)

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