The Wall Street Journal - 17.08.2019 - 18.08.2019

(Sean Pound) #1

THE WALL STREET JOURNAL. **** Saturday/Sunday, August 17 - 18, 2019 |B9


Consumer Rates and Returns to Investor


U.S. consumer rates


A consumer rate against its
benchmark over the past year


1.00

2.00

3.00

4.00

5.00%

2018


SONDJ
2019

FMAMJJA

t

30-year fixed-rate
mortgage

t

10-year Treasury
note yield

Selected rates
30-year mortgage, Rate
Bankrate.com avg†: 3.68%
First Internet Bank of Indiana 3.25%
Fishers, IN 844-335-4623
One True Loan, Inc. 3.25%
Orange, CA 949-238-6970
Foxboro Federal Savings 3.38%
Foxboro, MA 877-369-3331
Iowa State Bank 3.38%
Hull, IA 712-439-1025
McGlone Mortgage Group 3.38%
Appleton, WI 800-959-8907

Yield/Rate (%) 52-Week Range (%) 3-yr chg
Interest rate Last (l)Week ago Low 0 2 4 6 8 High (pct pts)
Federal-funds rate target 2.00-2.25 2.00-2.25 1.75 l 2.25 *1.75
Prime rate
5.25 5.25 5.00 l 5.50 1.75
Libor, 3-month 2.14 2.18 2.12 l 2.82 1.33
Money market, annual yield 0.65 0.72 0.41l 0.75 0.38
Five-year CD, annual yield 1.94 1.94 1.82 l 2.07 0.74
30-year mortgage, fixed† 3.68 3.77 3.68 l 4.99 0.20
15-year mortgage, fixed† 3.25 3.24 3.20 l 4.34 0.48
Jumbo mortgages, $484,350-plus† 4.25 4.23 4.16 l 5.16 0.13
Five-year adj mortgage (ARM)† 4.10 4.18 3.94 l 4.89 0.93
New-car loan, 48-month 4.67 4.66 3.91 l 4.81 1.76*
Bankrate.com rates based on survey of over 4,800 online banks.
Base rate posted by 70% of the nation's largest
banks.† Excludes closing costs. Sources: FactSet; Dow Jones Market Data; Bankrate.com


Benchmark Yields
and Rates

Treasury yield curve
Yield to maturity of current bills,
notes and bonds

0.00

1.00

2.00

3.00

4.00%

1
month(s)

3 6 1
years

235710 30

maturity

t
Friday

t

One year ago

Forex Race
Yen, euro vs. dollar; dollar vs.
major U.S. trading partners

–8

–4

0

4

8%

2018 2019

Euros Yen

s

WSJ Dollar index

s

Sources: Ryan ALM; Tullett Prebon; Dow Jones Market Data

Major U.S. Stock-Market Indexes


Latest 52-Week % chg
High Low Close Net chg % chg High Low % chg YTD 3-yr. ann.
Dow Jones
Industrial Average 25929.65 25678.17 25886.01 306.62 1.20 27359.1621792.20 0.8 11.0 11.7
Transportation Avg 9988.63 9795.39 9967.32 202.83 2.08 11570.84 8637.15 -11.2 8.7 8.3
Utility Average 833.94 828.02 831.22 2.56 0.31 831.33 692.00 11.7 16.6 7.3
Total Stock Market 29674.10 29364.21 29627.45 443.38 1.52 31091.2224126.04 0.1 15.2 9.6
Barron's 400 654.25 639.72 653.57 14.46 2.26 786.73 571.68 -15.0 7.2 6.0

Nasdaq Stock Market
Nasdaq Composite 7907.52 7828.35 7895.99 129.38 1.67 8330.21 6192.92 1.0 19.0 14.7
Nasdaq 100 7622.73 7548.90 7604.11 119.22 1.59 8016.95 5899.35 3.1 20.1 16.6

S&P
500 Index 2893.63 2864.74 2888.68 41.08 1.44 3025.86 2351.10 1.4 15.2 9.9
MidCap 400 1875.34 1845.10 1873.22 38.06 2.07 2050.23 1567.40 -6.8 12.6 6.4
SmallCap 600 920.83 905.15 919.62 20.14 2.24 1098.36 793.86 -14.3 8.8 7.2

Other Indexes
Russell 2000 1494.68 1462.13 1493.64 31.99 2.19 1740.75 1266.93 -11.8 10.8 6.7
NYSE Composite 12597.69 12442.23 12580.41 170.87 1.38 13239.8710769.83 -2.5 10.6 5.2
Value Line 500.25 490.20 499.78 9.58 1.95 593.57 446.06 -14.1 5.8 1.1
NYSE Arca Biotech 4562.61 4463.84 4559.48 100.21 2.25 5400.34 3890.37 -10.2 8.0 10.9
NYSE Arca Pharma 577.43 572.66 576.32 6.29 1.10 612.45 535.91 -0.4 1.3 2.6
KBW Bank 91.77 89.67 91.57 2.27 2.54 111.44 80.78 -16.8 6.7 9.4
PHLX § Gold/Silver 93.56 91.88 92.84 -0.98 -1.05 96.92 61.84 40.8 31.4 -5.7
PHLX § Oil Service 62.68 60.33 62.58 2.37 3.94 154.64 60.21 -54.6 -22.4 -27.5
PHLX § Semiconductor 1482.69 1454.69 1479.25 39.96 2.78 1622.02 1069.39 11.8 28.1 23.5
Cboe Volatility 20.50 18.41 18.47 -2.71 -12.80 36.07 11.61 46.1 -27.3 13.5
Nasdaq PHLX Sources: FactSet; Dow Jones Market Data

Trading Diary
Volume, Advancers, Decliners
NYSE NYSE Amer.
Total volume* 860,851,214 10,542,784
Adv. volume* 768,497,287 5,862,187
Decl. volume* 82,498,346 4,208,189
Issues traded 3,037 286
Advances 2,344 171
Declines 622 101
Unchanged 71 14
New highs 156 2
New lows 65 13
Closing Arms† 0.47 1.49
Block trades* 5,873 132
Nasdaq NYSE Arca
Total volume* 1,995,392,234221,534,465
Adv. volume* 1,643,935,683168,136,796
Decl. volume* 344,064,496 53,256,677
Issues traded 3,244 1,591
Advances 2,491 1,282
Declines 675 294
Unchanged 78 15
New highs 67 48
New lows 111 16
Closing Arms† 0.77 1.30
Block trades* 9,533 1,120
* Primary market NYSE, NYSE American NYSE Arca only.
†(TRIN) A comparison of the number of advancing and declining
issues with the volume of shares rising and falling. An
Arms of less than 1 indicates buying demand; above 1
indicates selling pressure.

Percentage Gainers...
Latest Session 52-Week
Company Symbol Close Net chg % chg High Low % chg
Plus Therapeutics PSTV 14.44 10.56 272.16 37.50 3.80 -13.3
Solid Biosciences SLDB 8.81 2.66 43.25 54.54 4.32 -77.7
Organogenesis Hldgs Cl A ORGO 4.61 1.04 29.13 310.90 3.56 -54.4
SeaDrill SDRL 2.68 0.59 28.23 26.72 2.07 -84.6
Hepion Pharmaceuticals HEPA 2.65 0.56 26.79 61.59 2.00 -94.3
MMTec MTC 5.08 1.04 25.74 19.55 2.36 ...
Paringa Resources ADR PNRL 3.14 0.63 25.03 10.38 2.08 ...
Alpine Immune Sciences ALPN 4.74 0.92 24.08 8.24 3.41 -18.0
Ramaco Resources METC 3.87 0.68 21.32 8.94 3.01 -48.4
Pacific Drilling PACD 4.57 0.78 20.58 9500.00 3.66 -99.5
Cincinnati Bell CBB 4.73 0.80 20.36 16.10 3.19 -63.6
Arcturus Therapeutics ARCT 10.56 1.76 20.00 15.50 4.11 29.6
Horizon Global HZN 3.50 0.57 19.45 8.50 1.34 -54.1
Novavax NVAX 7.84 1.22 18.43 51.60 4.01 -68.6
Quest Resource Holding QRHC 2.50 0.37 17.37 3.10 1.26 14.7

Percentage Losers
Latest Session 52-Week
Company Symbol Close Net chg % chg High Low % chg
OptimumBank Holdings OPHC 2.12 -1.18 -35.76 5.94 2.12 -60.4
SAExploration Holdings SAEX 2.22 -1.03 -31.69 32.00 1.82 -79.7
Mogo MOGO 2.46 -0.64 -20.65 4.05 1.98 -33.3
NuCana ADR NCNA 6.95 -1.65 -19.19 30.10 6.80 -72.1
Arcadia Biosciences RKDA 6.64 -1.50 -18.43 10.40 1.82 4.9
TuanChe ADR TC 3.41 -0.69 -16.83 7.93 2.05 ...
Puhui Wealth Invt Mgmt PHCF 2.23 -0.41 -15.53 6.30 2.21 ...
Houston Wire Cable HWCC 3.62 -0.59 -14.01 8.85 3.55 -56.6
SiNtx Technologies SINT 1.93 -0.26 -11.87 19.80 1.40 -82.1
Blue Hat Interactive BHAT 3.09 -0.41 -11.71 6.25 2.88 ...
Direxion Natl Gas Bear 3x GASX 80.60 -10.44 -11.47 94.22 16.08 293.9
LiveXLive Media LIVX 2.38 -0.30 -11.19 7.23 2.12 -46.6
Nuverra Envtl Solutions NES 3.76 -0.47 -11.11 14.05 3.00 -59.8
Tilray TLRY 31.31 -3.81 -10.85 300.00 28.88 2.0
VS 2x VIX Short Term TVIX 19.79 -2.37 -10.69 86.50 12.70 -39.2

Most Active Stocks
Volume % chg from Latest Session 52-Week
Company Symbol (000) 65-day avg Close % chg High Low
General Electric GE 248,666 332.1 8.79 9.74 13.25 6.40
SPDR S&P 500 SPY 84,004 17.6 288.85 1.48 302.23 233.76
Bank of America BAC 70,643 39.3 27.03 2.97 31.49 22.66
Advanced Micro Devices AMD 70,606 -0.5 31.18 5.09 35.55 16.03
iShares MSCI Emg MarketsEEM 52,057 -21.0 39.54 1.38 44.84 37.58
* Common stocks priced at $2 a share or more with an average volume over 65 trading days of at least
5,000 shares=Has traded fewer than 65 days

Corporate Borrowing Rates and Yields
Yield (%) 52-Week Total Return (%)
Bond total return index Close Last Week ago High Low 52-wk 3-yr
Treasury , Ryan ALM 1624.760 1.558 1.728 3.154 1.558 12.468 2.724
10-yr Treasury , Ryan ALM 1949.520 1.540 1.731 3.232 1.534 15.512 2.452
DJ Corporate n.a. n.a. 3.023 n.a. n.a. n.a. n.a.
Aggregate , Barclays Capital2126.250 2.170 2.300 3.660 2.170 10.019 3.065
High Yield 100 , Merrill Lynch3063.113 5.693 5.664 7.825 5.423 5.437 5.314
Fixed-Rate MBS , Barclays 2122.130 2.380 2.470 3.810 2.380 6.998 2.381
Muni Master , Merrill 566.183 1.464 1.523 2.908 1.459 8.207 2.997
EMBI Global , J.P. Morgan 863.366 5.471 5.354 7.372 5.354 12.282 3.925
Sources: J.P. Morgan; Ryan ALM; S&P Dow Jones Indices; Barclays Capital; Merrill Lynch

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Currencies
U.S.-dollar foreign-exchange rates in late New York trading
US$ vs,
Fri YTD chg
Country/currency in US$ per US$ (%)
Americas
Argentina peso .0182 54.8398 45.7
Brazil real .2496 4.0059 3.2
Canada dollar .7535 1.3272 –2.7
Chile peso .001412 708.10 2.0
Ecuador US dollar 11 unch
Mexico peso .0509 19.6593 0.1
Uruguay peso .02763 36.1900 11.7
Asia-Pacific
Australian dollar .6779 1.4751 4.0
China yuan .1420 7.0429 2.4
Hong Kong dollar .1275 7.8433 0.1
India rupee .01406 71.142 2.3
Indonesia rupiah .0000702 14235 –1.0
Japan yen .009401 106.37 –2.9
Kazakhstan tenge .002585 386.83 0.6
Macau pataca .1238 8.0755 0.1
Malaysia ringgit .2395 4.1760 1.1
New Zealand dollar .6428 1.5557 4.5
Pakistan rupee .00626 159.765 14.3
Philippines peso .0191 52.378 –0.2
Singapore dollar .7223 1.3845 1.6
South Korea won .00082751208.47 8.5
Sri Lanka rupee .0056443177.17 –3.1
Taiwan dollar .03193 31.316 2.4
Thailand baht .03235 30.910 –4.4
Vietnam dong .00004308 23212 0.1

US$ vs,
Fri YTD chg
Country/currency in US$ per US$ (%)
Europe
Czech Rep. koruna .04308 23.213 3.5
Denmark krone .1487 6.7233 3.3
Euro area euro 1.1091 .9017 3.4
Hungary forint .003418 292.60 4.5
Iceland krona .008066 123.97 6.7
Norway krone .1110 9.0082 4.2
Poland zloty .2556 3.9129 4.6
Russia ruble .01503 66.526 –3.9
Sweden krona .1035 9.6651 9.2
Switzerland franc 1.0221 .9784 –0.3
Turkey lira .1793 5.5785 5.5
Ukraine hryvnia .0396 25.2630 –8.9
UK pound 1.2147 .8232 5.0

Middle East/Africa
Bahrain dinar 2.6523 .3770 0.02
Egypt pound .0603 16.5795 –7.4
Israel shekel .2820 3.5467 –5.1
Kuwait dinar 3.2841 .3045 0.4
Oman sul rial 2.5976 .3850 –0.01
Qatar rial .2746 3.642 0.2
Saudi Arabia riyal .2666 3.7511 –0.01
South Africa rand .0653 15.3049 6.6
CloseNet Chg% ChgYTD % Chg
WSJ Dollar Index 91.17 0.03 0.03 1.68
Sources: Tullett Prebon, Dow Jones Market Data

Commodities
Pricing trends on some raw materials, or commodities

Friday 52-Week YTD
Close Net chg % Chg High Low % Chg % chg
DJ Commodity 595.07 1.16 0.20 642.46 572.87 -2.10 3.87
TR/CC CRB Index 170.41 0.37 0.22 201.23 167.89 -9.71 0.36
Crude oil, $ per barrel 54.87 0.40 0.73 76.41 42.53 -16.75 20.83
Natural gas, $/MMBtu 2.200 -0.032 -1.43 4.837 2.070 -25.32 -25.17
Gold, $ per troy oz. 1512.50 -7.10 -0.47 1519.60 1176.50 28.56 18.32

International Stock Indexes
Latest YTD
Region/Country Index Close Net chg % chg % chg
World The Global Dow 2916.65 29.80 1.03 6.7
DJ Global Index 386.68 4.43 1.16 10.2
DJ Global ex U.S. 233.12 1.77 0.76 4.7
Americas DJ Americas 682.99 9.89 1.47 15.0
Brazil Sao Paulo Bovespa 99805.78 748.87 0.76 13.6
Canada S&P/TSX Comp 16149.79 137.26 0.86 12.8
Mexico S&P/BMV IPC 39339.55 765.37 1.98 –5.5
Chile Santiago IPSA 3443.21 12.56 0.37 –8.5
EMEA Stoxx Europe 600 369.63 4.54 1.24 9.5
Eurozone Euro Stoxx 359.84 5.07 1.43 9.5
Belgium Bel-20 3498.39 55.05 1.60 7.9
Denmark OMX Copenhagen 201018.39 17.41 1.74 14.2
France CAC 40 5300.79 63.86 1.22 12.1
Germany DAX 11562.74 150.07 1.31 9.5
Israel Tel Aviv 1553.21 ... Closed 6.1
Italy FTSE MIB 20322.59 302.31 1.51 10.9
Netherlands AEX 541.94 7.10 1.33 11.1
Russia RTS Index 1239.81 –10.32 –0.83 16.3
South Africa FTSE/JSE All-Share53874.52 33.59 0.06 2.2
Spain IBEX 35 8670.40 151.40 1.78 1.5
Sweden OMX Stockholm 585.76 7.24 1.25 11.5
Switzerland Swiss Market 9728.39 122.13 1.27 15.4
Turkey BIST 100 95734.17 –844.53 –0.87 4.9
U.K. FTSE 100 7117.15 50.14 0.71 5.8
U.K. FTSE 250 18821.85 181.20 0.97 7.5
Asia-Pacific
Australia S&P/ASX 200 6405.50 –2.59 –0.04 13.4
China Shanghai Composite2823.82 8.03 0.29 13.2
Hong Kong Hang Seng 25734.22 238.76 0.94 –0.4
India S&P BSE Sensex 37350.33 38.81 0.10 3.6
Japan Nikkei Stock Avg 20418.81 13.16 0.06 2.0
Singapore Straits Times 3115.03 –11.06 –0.35 1.5
South Korea Kospi 1927.17 –11.20 –0.58 –5.6
Taiwan TAIEX 10420.89 93.76 0.91 7.1
Thailand SET 1631.40 27.37 1.71 4.3
Sources: FactSet; Dow Jones Market Data


Track the Markets: Winners and Losers
A look at how selected global stock indexes, bond ETFs, currencies and
commodities performed around the world for the week.
Stock
index

Currency,
vs. U.S. dollar

Commodity,
traded in U.S.*

Exchange-
traded fund
iSh 20+ Treasury 4.34%
Nymex natural gas 3.82
Shanghai Composite 1.77
S&P 500 Consumer Staples 1.57
iShiBoxx$InvGrdCp 1.52
iSh 7-10 Treasury 1.32
Comex silver 1.18
Comex gold 1.06
VangdTotIntlBd 1.06
VangdTotalBd 1.02
UK pound 0.99
Nymex crude 0.68
iShNatlMuniBd 0.64
iSh TIPS Bond 0.58
S&P 500 Utilities 0.53
South Korean won 0.48
WSJ Dollar Index 0.45
iSh 1-3 Treasury 0.32
S&P 500 Real Estate 0.28
Chinese yuan 0.28
Nymex ULSD 0.27
Comex copper 0.23
-0.01 FTSE MIB
-0.10 Australian dollar
-0.14 Indian rupee
-0.17 iShiBoxx$HYCp
-0.31 S&P 500 Information Tech
-0.32 Indonesian rupiah
-0.36 iShJPMUSEmgBd
-0.38 Canada dollar
-0.39 South African rand
-0.51 CAC-40
-0.52 Stoxx Europe 600
-0.55 Kospi Composite
-0.55 Nasdaq 100
-0.60 Swiss franc
-0.62 S&P BSE Sensex
-0.66 Japanese yen
-0.73 Euro Stoxx
-0.74 Soybeans
-0.79 Hang Seng
-0.79 Nasdaq Composite
-0.84 Bloomberg Commodity Index
-0.96 S&P 500 Telecom Svcs
-0.98 Euro area euro
-1.00 IBEX 35
-1.03 S&P 500
-1.03 Nymex RBOB gasoline
-1.06 S&P 500 Health Care
-1.12 DAX
-1.17 S&P/TSX Comp
-1.20 S&P SmallCap 600
-1.27 Mexico peso
-1.28 Russell 2000
-1.29 Nikkei 225
-1.42 Norwegian krone
-1.48 S&P MidCap 400
-1.53 Dow Jones Industrial Average
-1.61 S&P 500 Industrials
-1.88 FTSE 100
-1.90 Russian ruble
-1.90 S&P 500 Consumer Discr
-2.02 S&P 500 Materials
-2.16 S&P 500 Financials
-2.35 Dow Jones Transportation Average
-2.68 IPC All-Share
-2.72 S&P/ASX 200
-3.88 S&P 500 Energy
-4.03 Sao Paulo Bovespa
-5.76 Wheat
-9.57 Corn
-21.54 Lean hogs
*Continuous front-month contracts
Sources: FactSet (stock indexes, bond ETFs, commodities), Tullett Prebon (currencies).
THE WALL STREET JOURNAL

Nasdaq Composite Index


7895.99
s129.38
or 1.67%

Last Year ago
Trailing P/E ratio *†
P/E estimate *†
Dividend yield *†
All-time high:

23.60 25.02
21.08 21.22
1.06 0.97

8330.21, 07/26/19

6900

7150

7400

7650

7900

8150

8400

June July Aug.

65-day moving average

Dow Jones Industrial Average


25886.01


s306.62


or 1.20%


LastYear ago
Trailing P/E ratio
P/E estimate *
Dividend yield

All-time high


18.60 23.21
16.65 16.48
2.38 2.11

27359.16, 07/15/19


24000

24500

25000

25500

26000

26500

27000

June July Aug.

Current divisor
0.14744568353097

Bars measure the point change from session's open


tt

Session high

Session low

Session open
Close Open

Close

DOWN UP

65-day moving average

S&P 500 Index


2888.68
s41.08
or 1.44%

Last Year ago
Trailing P/E ratio *
P/E estimate *
Dividend yield *
All-time high

21.92 23.79
17.50 17.62
1.97 1.83

3025.86, 07/26/19

2750

2800

2850

2900

2950

3000

3050

June July Aug.

65-day moving average

© 2018 Dow Jones & Co., Inc. All rights reserved. 2DJ6399

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