The Washington Post - 13.08.2019

TUESDAY, AUGUST 13 , 2019. THE WASHINGTON POST EZ RE A

THE MARKETS

6 Monitor your investments at washingtonpost.com/markets Data and graphics by

Note: Bank prime is from 10 major banks. Federal Funds rate is the market rate, which can vary from the federal

target rate. LIBOR is the London Interbank Offered Rate. Consumer rates are from Bankrate. All figures as of

4:30 p.m. New York time.

1.

1.

1.

1.

10-year note

Yield:

5-year note

Yield:

2-year note

Yield:

6-month bill

Yield:

Treasury Performance Over Past Three Months

7863.41 –1.2 +18.

2882.69 –1.2 +15.

25,896.44 –1.5 +11.

Daily Stock Market Performance

Daily

Index Close % Chg

YTD

% Chg

Nasdaq Composite Index

Dow Jones Industrial Average

S&P 500 Index

3100

2850

2600

2350

A AJJMAMFJDNOS

8400

7800

7200

6600

6000

27,

26,

24,

23,

21,

Industry Group

Daily

% Chg

Daily

% Chg –4.0%^0 +4.0%

Water Utilities 0.

Gas Utilities –0.

Biotechnology –0.

Diversified Telecomm –0.

Electric Utilities –0.

Capital Markets –2.

Metals & Mining –2.

Consumer Finance –2.

Personal Products –3.

Construction & Engineerng –3.

S&P 500 Industry Group Snapshot

Bank Prime

Federal Funds

LIBOR 3-Month

30-Year fixed mortgage

15-Year fixed mortgage

1-Year ARM

2.18%

2.25%

5.25%

3.47%

3.09%

3.83%

Money market funds

6-Month CDs

1-Year CDs

5-Year CDs

New car loan

Home-equity loan

Consumer Rates

0.

0.

1.

1.

4.

6.

Interest Rates

Index Close Daily % Chg YTD % Chg

DJ Total Stock Market Index 29,580.86 –1.3 15.

Russell 2000 1494.46 –1.2 10.

Post-Bloomberg DC Area Index 609.81 –0.9 30.

CBOE Volatility (VIX) 21.09 17.4 –17.

Other Measures

Europe

Americas

Asia Pacific

Brazil (Bovespa)

Canada (S&P/TSX Comp.)

Mexico (Bolsa)

Eurozone (DJ Stoxx 600)

France (CAC 40)

Germany (DAX)

U.K. (FTSE 100)

Australia (ASX 200)

China (CSI 300)

Hong Kong (Hang Seng)

Japan (Nikkei)

Close

Daily

% Chg

YTD % Chg

–25% 0% +25%

101,915.20 –2.

16,237.77 –0.

39,852.65 –1.

370.41 –0.

5310.31 –0.

11,679.68 –0.

7226.72 –0.

6590.27 0.

3699.11 1.

25,824.72 –0.

20,684.82 0.

International Stock Markets

Daily

Close% Chg

Daily

Gainers Losers Close% Chg

AMAG Pharma $11.83 14.

Cincinnati Bell $4.85 13.

Unifi Inc $19.27 8.

Superior Industries $2.93 6.

KLX Energy Services $12.39 6.

Haverty Furniture $19.12 5.

Tredegar Corp $18.00 5.

SolarEdge Tech $86.63 5.

Sanderson Farms $144.03 4.

Amgen Inc $205.78 4.

Geospace Tech $13.73 4.

Digi International $13.65 4.

Tabula Rasa Hlth $66.12 4.

Corcept Therpt $12.94 4.

CenturyLink Inc $11.20 3.

Care.com Inc $9.10 3.

Oasis Petroleum Inc $2.96 3.

Cal-ME Foods $41.49 3.

Coca-Cola Bottling $346.50 3.

Rent-A-Center $27.47 3.

Progenics Pharma $3.90 –16.

Unit Corp $3.53 –14.

Comty Health Sys $2.16 –11.

Nektar Therapeutics $18.58 –11.

Cooper-Standard $33.78 –10.

Livent Corp $6.77 –10.

Mallinckrodt PLC $4.82 –9.

Carrizo Oil & Gas $9.12 –9.

QuinStreet Inc $10.75 –9.

Callon Petroleum Co $4.70 –8.

Signet Jewelers Ltd $13.13 –8.

Mosaic Co $20.76 –8.

WeightWtch $28.65 –8.

McDermott $3.92 –8.

AGCO Corp $67.87 –7.

AppliedOptoelctrncs $9.75 –7.

Equitrans Midstream $13.44 –7.

American Axle & Mfg $7.14 –7.

Designer Brands Inc $15.26 –7.

Brink's Co $83.47 –7.

Gainers and Losers from the S&P 1500 Index

Daily

% Chg

YTD

Company Close % Chg

Daily

% Chg

YTD

Company Close % Chg

3M Co 162.12 –0.8 –14.

AmExp 123.95 –1.8 30.

Apple Inc 200.48 –0.3 27.

Boeing 332.88 –1.4 3.

Caterpillar 116.72 –2.2 –8.

Chevron Corp 121.56 –0.7 11.

Cisco Systems 51.54 –1.7 18.

Coca-Cola 53.18 –0.4 12.

Dow Inc 45.69 –2.

Exxon Mobil 69.61 –1.7 2.

GoldmnSchs 201.41 –2.7 20.

Home Depot 206.97 –1.5 20.

IBM 134.12 –1.5 18.

Intel Corp 45.60 –0.8 –2.

J&J 131.90 –0.1 2.

JPMorg Ch 107.69 –1.9 10.

McDonald's 217.09 –1.8 22.

Merck 85.71 0.2 12.

Microsoft 135.79 –1.4 33.

Nike 81.65 –0.4 10.

P&G Co 116.00 –0.7 26.

Pfizer Inc 35.40 –2.6 –18.

Travelers 146.33 –1.8 22.

United Tech 128.02 –2.5 20.

UnitedHealth 243.20 –2.2 –2.

Verizon 55.69 –0.2 –0.

Visa Inc 176.34 –1.5 33.

Walgreen 52.00 –1.5 –23.

WalMart 105.19 –1.9 12.

Walt Disney 135.74 –2.0 23.

Dow Jones 30 Industrials

Brazil R$ per

EU €per

Japan ¥ per

US $ per

Canada $ per

Mexico $ per

Britain £ per

US $ EU € Japan ¥ Britain £ Brazil R$ Canada $ Mexico $

1.1213 0.0094 1.2079 0.2511 0.7555 0.

0.8918 0.0085 1.0772 0.2239 0.6737 0.

105.2700 118.0500 127.1530 26.4382 79.5330 5.

0.8279 0.9283 0.0079 0.2079 0.6255 0.

3.9816 4.4654 0.0378 4.8096 3.0082 0.

1.3237 1.4842 0.0125 1.5988 0.3324 0.

19.5855 21.9618 0.1860 23.6566 4.9180 14.

Cross Currency Rates

Exchange-Traded (Ticker) $

Daily

% Chg

Value of $1000 invested for the past: day month

$800 $

Coffee (COFF.L) –3.

Copper (COPA.L) –0.

Corn (CORN.L) –1.

Cotton (COTN.L) –2.

Crude Oil (CRUD.L) 0.

Gasoline (UGAS.L) –1.

Gold (BULL.L) 0.

Natural Gas (NGAS.L) –0.

Silver (SLVR.L) –0.

Futures

Daily

Close % Chg

Daily

Close % Chg

Copper $2.5850 –0.

Corn $3.9275 –6.

Crude Oil $54.93 +0.

Gold $1,517.20 +0.

Natural Gas $2.11 –0.

Orange Juice $0.9885 –3.

Silver $17.07 +0.

Soybeans $8.7925 –1.

Sugar $0.1156 –2.

Wheat $4.7625 –5.

Commodities

BY THOMAS HEATH

Stocks continued their August
swoon Monday on fears that Hong
Kong protests, falling worldwide
bond yields and the ongoing
U.S.-China trade dispute could
lead to a global recession.
The Dow Jones industrial aver-
age dropped 462 points before the
blue chips clawed some of that
back to finish down about 390
points at 25,898, about a 1.5 per-
cent drop. Financial services was
among the hardest-hit Dow sec-
tors, with Goldman Sachs Group
off 2.6 percent. Pfizer, United
Technologies and Caterpillar
were also big drags. Only drug
giant Merck stayed slightly above
water.
The Standard & Poor’s 500-
stock index finished down
36 points at 2,882, a 1.2 percent
drop. The technology-laden Nas-
daq composite index fell about
95 points on the day to close at
7,863, or 1.2 percent down.
All 11 S&P stock sectors closed
lower, led down by banks, con-
sumer staples, materials and tech-
nologies. Banks are among the
most vulnerable when bond
yields drop, because it is more
difficult to make money on loans.
“The escalating trade tensions,
combined with low volume and
traditionally weaker-than-aver-
age price returns in August and
September, are contributing to a

retest of last week’s low for the

S&P 500,” said Sam Stovall of

CFRA Research.

European markets closed down

across the board. Asian markets

were mixed, with the Hang Seng

in Hong Kong dropping 0.44 per-

cent. The Japanese Nikkei 225 and

the Shanghai Composite closed in

positive territory.

Several factors have contribut-

ed to the market turbulence in

recent sessions, including China’s

threat to devalue its currency,

massive protests in Hong Kong

that could prompt a response

from the Chinese government, an

escalation of the U.S.-China trade

war and a flight to bonds.

Goldman Sachs chief econo-

mist Jan Hatzius said in a note he

released over the weekend that he

does not expect a U.S.-China trade

deal before the 2020 election.

Hatzius now sees fourth-quar-

ter U.S. growth at 1.8 percent,

lower than many forecasts.

President Trump has hardened

his position on China trade in the

past two weeks, threatening to

increase tariffs from the current

10 percent to 25 percent next

month if the Chinese do not make

concessions to the United States.

The trade back-and-forth has

fostered a feeling of uncertainty

among American businesses,

making it more difficult for com-

panies to make long-term plans.

The uncertainty has been felt in

stock prices. The Dow is about

5 percent off its all-time high of

one month ago.

Monday’s decline follows a tur-

bulent start to August, which is

historically one of the worst

months of the year for stocks. But

the trade war with China is cast-

ing a pall over the global economy,

threatening a decade-long U.S.

boom that had pushed stocks to

all-time highs.

“At this point it is up to the

president,” Nancy Tengler of Ten-

gler Wealth Management wrote in

a note Monday. “Cut a trade deal

with China, and we can avoid

recession. Stocks will like that a

good deal, too.”

The closely watched 10-year

U.S. Treasury bond was down to

1.633 percent, a sign that investors

may be heading away from risk

and toward the safety of long-

term bonds. Yields drop when

bond prices rise. Some European

countries have negative bond

yields. That means people are pay-

ing governments to hold their

money for them. Historically peo-

ple buy government bonds and

expect interest payments on those

bonds as a reward for lending the

government money.

Stocks are coming off their

worst day of the year last Monday

and finished five turbulent ses-

sions on Friday only slightly nega-

tive for the week.

thomas.heath@washpost.com

Stocks sink amid U.S.-China tension

EDUARDO MUNOZ/REUTERS

Traders work on the New York Stock Exchange floor Monday. All Standard & Poor’s stock sectors fell.

YEZIDI VICTIMS OF THE ISIS

GENOCIDE DEMAND JUSTICE

TURKISH PRESIDENT

ERDOGAN SHOULD RESPOND

The Norooz Charity Foundation http://www.norooz.org

ADVERTISEMENT ADVERTISEMENT

August 3rd marked the fifth anniversary of the beginning of the genocide, as the UN has

called it, of the Yezidi people by ISIS. According to the Office of Yezidi Affairs of the Iraqi

Kurdistan Regional Government, 1,293 Yezidis were killed in the first days of the attack,

80 mass graves have been discovered, 6,417 were sold into slavery, and 2,745 children

orphaned. 387,000 Yezidis out of a population of 500,000 fled their homes and today

remain displaced. Nadia Murad, a Yezidi woman, brutally abused and tortured by ISIS who

escaped its captivity, received a Nobel Peace Prize in 2018 for her “efforts to end the use

of sexual violence as a weapon of war and armed conflict.”

• According to the Rojava Center for
  Strategic Studies, former ISIS jihadists
  testified that the Turkish government
  and its intelligence service transported
  them to Syria from countries around the
  world and provided them with military
  equipment.


• Nordic Monitor published classified
  Turkish government documents
  showing Turkey’s National Intelligence
  Organization shipped arms to jihadists in
  Syria and helped transport explosives for
  ISIS, and that Turkey released most of
  the ISIS fighters it held in prison.


• Nordic Monitor also reported that on
  October 16, 2016, Erdogan addressed
  his supporters and accused the Yezidis
  of conspiring with Turkey’s enemies.
  
  
  • The Turkish newspaper Bugün published
    Turkish customs authority CCTV footage
    showing explosives, construction pipes
    and metal plates, and fertilizer ingredients
    being transferred to ISIS from Turkey.
  
  
  • The journal Investigative Journalism
    published secret court-ordered wiretaps
    taken by Turkish police showing how ISIS
    ran a jihadist highway through Turkey
    where they would recruit militants with
    the help of Turkish authorities.
  
  
  • According to Russia Today and the
    Egyptian television program ON Live, the
    Russian and Libyan governments have
    also accused Erdogan’s government of
    aiding ISIS.
  
  
  
  

Evidence has emerged that the government of Turkish President Recep Tayyip Erdogan

assisted ISIS in committing these atrocious crimes.

The Ottoman Empire massacred the Yezidi community in 1640, 1892, and 1915. The

international community must demand that Turkey reveal the truth about its relationship

with ISIS. Those who aid genocide should be held accountable and judged according

to international laws and norms.

Yezidi survivors in the rubble left behind

by ISIS.

S0115-6x

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