Weekly Market Update - June 7, 2013
Domestic stock prices were mixed this week. Investors reacted to today’s employment report, which showed that175,000 jobs were added in May, slightly greater than expected. However, the unemployment ticked up, from 7.5% in April to 7.6% in May.
Global markets were lower on the week. World equity markets declined after the European Central Bank declined to announce additional stimulus measures. In addition, the rise in the Japanese yen caused Asian shares to drop sharply.
Treasury prices were somewhat higher this week. The yield on the benchmark 10‐year U.S. Treasury declined this week, as investors perceived opportunity after May’s sell‐off.
Commodity indices were higher on the week. Crude oil and gold posted strong gains, but grains were slightly lower.
| MARKET DASHBOARD | ||||
| Index |
Price |
Weekly Chg. |
% Chg. |
YTD % Chg. |
| S&P 500 |
1,643.38 |
11.59 |
0.7% |
15.2% |
| Dow Industrials |
15,248.12 |
132.55 |
0.9% |
16.4% |
| Nasdaq Composite |
3,469.22 |
13.30 |
0.4% |
14.9% |
| Russell 2000 |
987.62 |
3.48 |
0.4% |
16.3% |
| Euro Stoxx Index |
295.40 |
-5.48 |
-1.8% |
5.6% |
| Shanghai Composite |
2,210.90 |
-89.70 |
-3.9% |
-2.6% |
| 10-Year U.S. Treasury |
2.16 |
0 bps |
NM |
4 bps |
| DJ UBS Commodity Index |
131.30 |
0.67 |
0.5% |
-5.6% |
| Gold |
$1,382.05 |
-$7.25 |
-0.5% |
-17.6% |
| Crude Oil |
$96.18 |
$4.19 |
4.6% |
2.6% |
| U.S. Dollar Index |
81.67 |
-1.68 |
-2.0% |
2.4% |
| VIX Index |
15.03 |
-1.17 |
-7.2% |
-16.0% |
| Source: Bloomberg | ||||
| As of June 7, 2013 | ||||