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Dollar Lower, Equity Markets Trade Higher for Fourth Day, Close to Record Levels

Aug 07, 2018

US Markets End of Day Snapshot

  • Impressive US earnings growth lifted equities across the board
  • The S&P 500 finished up 0.28%, Nasdaq Composite up 0.31%, and Russell 2000 up 0.24%
  • Consumer Discretionary (+0.44%), Tech (+0.33%), and Financials (+0.48%) stocks were the top performers in the S&P 500 today
  • Consumer Staples (-0.57%), Telecom (+0.42%), and Real Estate (-0.22%) stocks were the worst performers in the S&P 500 today
  • Investor sentiment for US stocks finished positive with the advance/decline ratio for the S&P 500 closing at 1.92x
  • 89 stocks in the S&P 500 hit 4-week highs while 12 stocks reached 4-week lows
  • 49 stocks in the S&P 500 closed overbought while 7 stocks closed oversold according to the 16-day RSI Measure
  • 122 stocks in the Nasdaq Composite hit 4-week highs while 178 stocks reached 4-week lows
  • 257 stocks in the Nasdaq Composite closed overbought while 333 stocks closed oversold according to the 16-day RSI Measure

US Treasuries

  • US 2-Year Treasury Notes are lower with yields up 2.65 basis points to 2.6717%
  • US 5-Year Treasury Bonds are lower with yields up 3.9 basis points to 2.8431%
  • US 10-Year Treasury Bonds are lower with yields up 3.72 basis points to 2.9767%
  • The US Treasury 2s-5s Spread has widened 1.25 basis points to 0.17%
  • The US Treasury 2s-10s Spread has widened 1.07 basis points to 0.31%
  • US Treasury 5s-10s Spread has narrowed 0.18 basis points to 0.13%

Commodities

  • WTI Crude is little changed at +0.23% to USD$69.17/bbl with the Brent-WTI spread up USD$0.65 to USD$4.29/bbl
  • Gold is little changed 0.25% to USD$1210.61/oz

Currencies

  • EUR€ is up 0.389% against the USD$ in after hours to 1.1599
  • GBP£ is little changed at +0.023% against the USD$ in after hours to 1.2941
  • CHF is little changed at +0.12% against the USD$ in after hours to 1.0046
  • JPY¥ is little changed  at +0.018% against the USD$ in after hours to 111.38

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

  • Hertz (HTZ) promised on a conference call today to start generating cash next year sending it on its biggest rally in 9 years.  The stock closed up over 24% higher.
  • Telsa (TSLA) CEO Elon Musk tweeted that he had "funding secured" to take the company private at $420 per share, a US$82bn valuation, while the stock was trading around US$365.  The stock was halted for pending news around 2pm and then he tweeted.
  • Walt Disney (DIS) missed 3Q estimates with adjusted EPS of US$1.87 compared to US$1.94 consensus, revenue came a touch below at US$15.23bn (US$15.36 consensus)

Data in Price Return; Source: Stockdio

S&P 500 Sector ETFs - End of Day

Data in Price Return; Source: Stockdio

Russell 1000 Factor ETFs - End of Day

Data in Price Return; Source: Stockdio

S&P 500 Movers

Data in Price Return

Outperformers Sector Price 1D% CHG Volume
Broadridge Financial Solutions Inc Information Technology $129.17 11.16 719376
Mosaic Co/The Materials $31.70 5.32 1944703
Emerson Electric Co Industrials $74.66 4.24 970769
LKQ Corp Consumer Discretionary $34.37 3.84 668025
Express Scripts Holding Co Health Care $78.95 2.76 1210457

On Mobile/Tablet scroll to the right.  Source: S&P Capital IQ

Underperformers Sector Price 1D% CHG Volume
DENTSPLY SIRONA Inc Health Care $39.41 -18.65 5022580
Expeditors International of Washington I Industrials $72.93 -5.88 1548525
Anadarko Petroleum Corp Energy $64.54 -5.48 2278792
SCANA Corp Utilities $40.02 -5.12 444297
Discovery Inc Consumer Discretionary $25.55 -5.09 2323490

On Mobile/Tablet scroll to the right.  Source: S&P Capital IQ