Weekly Market Highlights - Aug 6th, 2012
Domestic stock prices were higher on the week. The S&P 500 and Dow Industrials gained for the fourth consecutive week. A better than expected jobs report drove a strong rally to end the week. Global markets were generally also positive on the week, with a few exceptions. European stocks rose for the ninth consecutive week, continuing its longest such streak in six years.
Treasury prices declined again this week, and yields rose. The end of the week employment numbers continued to buoy investor‘s appetite for risk.
Commodity indexes were mixed this week. Continued concern regarding drought conditions plagued the grain markets, driving corn and soybean prices higher. Precious metals sold off slightly during the week.
| MARKET DASHBOARD | ||||
| Index |
Price |
Weekly Chg. | % Chg. |
YTD % Chg. |
| S&P 500 |
1,390.99 |
5.02 |
0.4% |
10.6% |
| Dow Industrials |
13,096.17 |
20.51 |
0.2% |
7.2% |
| Nasdaq Composite |
2,967.90 |
9.81 |
0.3% |
13.9% |
| Russell 2000 |
788.48 |
‐7.52 |
‐0.9% |
6.4% |
| Euro Stoxx Index |
265.58 |
5.77 |
2.2% |
8.6% |
| Shanghai Composite |
2,132.80 |
4.03 |
NM |
‐3.0% |
| 10-Year U.S. Treasury |
1.58 |
2 bps |
‐0.4% |
‐3 bps |
| DJ UBS Commodity Index |
142.92 |
‐0.55 |
‐0.4% |
1.6% |
| Gold |
$1,603.48 |
‐$19.42 |
‐1.2% |
2.5% |
| Crude Oil |
$91.40 |
$0.00 |
0.0% |
‐7.6% |
| U.S. Dollar Index |
82.32 |
‐0.39 |
‐0.5% |
2.7% |
| VIX Index |
15.64 |
‐1.06 |
‐6.3% |
‐33.2% |
| Source: Bloomberg |