The Wall Street Journal - 11.03.2020

(Rick Simeone) #1

B10| Wednesday, March 11, 2020 THE WALL STREET JOURNAL.


Consumer Rates and Returns to Investor


Get real-time U.S. stock quotes and track most-active stocks, new highs/lows and mutual funds. Plus, deeper money-flows data and email delivery of key stock-market data. Available free at WSJMarkets.com


U.S. consumer rates


A consumer rate against its
benchmark over the past year


0.00

1.00

2.00

3.00

4.00%

2019


AMJJASONDJ
2020

FM

t
5-year adjustable-
rate mortgage
(ARM)
t
5-year Treasury
note yield

Selected rates
Five-year ARM, Rate
Bankrate.com avg†: 3.68%
Credit Union of New Jersey 2.13%

EWING, NJ 609-538-4061
Hanscom Federal Credit Union 2.50%
Hanscom AFB, MA 800-656-4328
Proponent Federal Credit Union 2.50%
Nutley, NJ 973-338-1133
Webster Bank 2.63%
Hartford, CT 888-493-2783
Citadel Federal Credit Union 2.88%
Exton, PA 800-666-0191
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 1.00-1.25 1.50-1.75 1.00 l 2.50 *0.50
Prime rate
4.25 4.75 4.25 l 5.50 0.50
Libor, 3-month 0.78 1.31 0.77 l 2.63 -0.34
Money market, annual yield 0.46 0.50 0.46l 0.78 0.17
Five-year CD, annual yield 1.21 1.36 1.21 l 2.03 -0.05
30-year mortgage, fixed† 3.71 3.52 3.52 l 4.34 -0.58
15-year mortgage, fixed† 2.95 3.03 2.95 l 3.77 -0.49
Jumbo mortgages, $510,400-plus† 3.80 3.54 3.54 l 4.71 -1.04
Five-year adj mortgage (ARM)† 3.68 3.60 3.32 l 4.78 0.15
New-car loan, 48-month 4.46 4.50 4.41 l 4.81 1.13*
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

Tradeweb ICE Tuesday Close

t

One year ago

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

–8

–4

0

4

8%

2019 2020

Euro

s

Yens

WSJ Dollar index

s

Sources: Tradeweb ICE U.S. Treasury Close; Tullett Prebon; Dow Jones Market Data

International Stock Indexes
Latest YTD
Region/Country Index Close Net chg % chg % chg
World The Global Dow 2718.34 55.33 2.08 –16.4
DJ Global Index 375.87 9.42 2.57 –13.4
DJ Global ex U.S. 221.63 –0.06 –0.03 –15.9
Americas DJ Americas 670.16 29.93 4.67 –11.9
Brazil Sao Paulo Bovespa 92214.47 6147.27 7.14 –20.3
Canada S&P/TSX Comp 14958.09 443.85 3.06 –12.3
Mexico S&P/BMV IPC 39565.44 834.88 2.16 –9.1
Chile Santiago IPSA 2899.54 24.76 0.86 –13.1
EMEA Stoxx Europe 600 335.64 –3.86 –1.14 –19.3
Eurozone Euro Stoxx 320.12 –5.51 –1.69 –20.8
Belgium Bel-20 3155.60 –19.21 –0.61 –20.2
Denmark OMX Copenhagen 201069.75 –15.86 –1.46 –5.8
France CAC 40 4636.61 –71.30 –1.51 –22.4
Germany DAX 10475.49 –149.53 –1.41 –20.9
Israel Tel Aviv 1368.87 ... Closed –18.7
Italy FTSE MIB 17870.18 –605.73 –3.28 –24.0
Netherlands AEX 484.70 –5.96 –1.22 –19.8
Russia RTS Index 1094.18 –163.78 –13.02 –29.4
South Africa FTSE/JSE All-Share49466.01 646.45 1.32 –13.3
Spain IBEX 35 7461.46 –247.24 –3.21 –21.9
Sweden OMX Stockholm 589.70 –5.05 –0.85 –13.4
Switzerland Swiss Market 9195.93 –0.67 –0.01 –13.4
Turkey BIST 100 101062.51 –2461.51 –2.38 –11.7
U.K. FTSE 100 5960.23 –5.54 –0.09 –21.0
U.K. FTSE 250 17547.05 –0.10 –0.001 –19.8
Asia-Pacific
Australia S&P/ASX 200 5939.60 179.04 3.11 –11.1
China Shanghai Composite2996.76 53.47 1.82 –1.7
Hong Kong Hang Seng 25392.51 352.05 1.41 –9.9
India S&P BSE Sensex 35634.95 ... Closed –13.6
Japan Nikkei Stock Avg 19867.12 168.36 0.85 –16.0
Singapore Straits Times 2832.54 50.17 1.80 –12.1
South Korea Kospi 1962.93 8.16 0.42 –10.7
Taiwan TAIEX 11003.54 25.90 0.24 –8.3
Thailand SET 1271.25 15.31 1.22 –19.5
Sources: FactSet; 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 25020.99 23690.34 25018.16 1167.14 4.89 29551.4223851.02 -2.1 -12.3 6.2
Transportation Avg 8521.39 8069.45 8520.84 437.35 5.41 11304.97 8083.49 -17.0 -21.8 -2.8
Utility Average 875.78 820.82 860.03 7.23 0.85 960.89 765.10 10.8 -2.2 7.6
Total Stock Market 29210.81 27721.27 29210.74 1318.16 4.73 34631.2827892.58 1.3 -11.6 6.0
Barron's 400 602.15 570.17 602.11 26.17 4.54 746.64 575.94 -13.0 -17.8 -1.1

Nasdaq Stock Market
Nasdaq Composite 8347.40 7930.43 8344.25 393.58 4.95 9817.18 7333.02 9.9 -7.0 12.5
Nasdaq 100 8376.44 7942.13 8372.27 424.24 5.34 9718.73 6978.02 16.3 -4.1 15.8

S&P
500 Index 2882.59 2734.00 2882.23 135.67 4.94 3386.15 2744.45 3.2 -10.8 6.7
MidCap 400 1696.67 1609.83 1696.67 63.03 3.86 2106.12 1633.64 -10.1 -17.8 -0.3
SmallCap 600 807.85 770.17 806.03 22.50 2.87 1041.03 783.53 -15.0 -21.1 -1.0

Other Indexes
Russell 2000 1351.48 1288.93 1350.90 37.46 2.85 1705.22 1313.44 -12.8 -19.0 -0.4
NYSE Composite 11794.01 11246.52 11793.27 494.84 4.38 14183.2011298.43 -6.3 -15.2 0.8
Value Line 425.93 403.93 425.93 16.29 3.98 562.05 409.64 -20.1 -22.9 -6.1
NYSE Arca Biotech 4744.00 4500.50 4743.99 140.67 3.06 5313.05 4098.37 -5.3 -6.4 9.5
NYSE Arca Pharma 614.68 588.69 613.94 18.78 3.15 670.32 564.11 4.1 -6.1 6.1
KBW Bank 77.58 72.34 77.50 5.28 7.31 114.12 72.22 -21.1 -31.6 -7.1
PHLX § Gold/Silver 97.13 91.21 95.49 1.20 1.27 111.51 66.14 23.9 -10.7 6.2
PHLX § Oil Service 31.47 28.36 31.25 2.51 8.72 102.39 28.74 -66.5 -60.1 -42.8
PHLX § Semiconductor 1656.87 1559.91 1656.50 98.34 6.31 1979.50 1296.18 22.2 -10.4 18.6
Cboe Volatility 55.66 43.56 47.30 -7.16 -13.15 54.46 11.54 243.5 243.3 59.5
Nasdaq PHLX Sources: FactSet; Dow Jones Market Data

Late Trading
Most-active and biggest movers among NYSE, NYSE Arca, NYSE Amer.
and Nasdaq issues from 4 p.m. to 6:30 p.m. ET as reported by electronic
trading services, securities dealers and regional exchanges. Minimum
share price of $2 and minimum after-hours volume of 50,000 shares.
Most-active issues in late trading
Volume After Hours
Company Symbol (000) Last Net chg % chg High Low
SPDR S&P 500 SPY 19,225.9 285.10 -3.32 -1.15 288.83 277.40
Finl Select Sector SPDR XLF 14,483.3 24.12 -0.03 -0.12 24.21 23.49
VanEck Vectors Gold Miner GDX 10,891.1 27.52 0.03 0.11 27.65 27.40
SPDR S&P O&G Exp Prd XOP 10,686.1 9.77 -0.16 -1.61 10.02 9.67
Bank of America BAC 9,102.9 23.29 -0.32 -1.36 23.68 22.68
Kinross Gold KGC 8,066.0 5.15 -0.06 -1.15 5.22 5.11
Yamana Gold AUY 7,866.9 4.00 -0.02 -0.50 4.03 3.90
Invesco QQQ Trust I QQQ 5,472.6 202.18 -1.93 -0.95 204.55 193.93
Percentage gainers...
Helix Energy Solutions HLX 253.4 3.29 0.53 19.20 3.29 2.73
DXC Technology DXC 1,450.1 19.25 2.82 17.16 25.00 16.18
Cloudera CLDR 2,066.1 8.78 0.93 11.85 9.35 7.46
Kala Pharmaceuticals KALA 174.7 8.70 0.81 10.27 9.10 7.50
Turtle Beach HEAR 64.9 6.03 0.51 9.24 6.92 5.52
...And losers
G1 Therapeutics GTHX 317.8 14.17 -2.50 -15.00 16.68 13.56
Vivint Solar VSLR 94.5 8.70 -0.89 -9.28 9.73 8.50
AIM ImmunoTech AIM 659.8 3.44 -0.31 -8.27 4.12 3.00
CNX Resources CNX 185.5 5.39 -0.34 -5.93 5.73 5.39
Stitch Fix Cl A SFIX 739.1 15.20 -0.66 -4.16 15.93 15.20

Trading Diary
Volume, Advancers, Decliners
NYSE NYSE Amer.
Total volume* 1,816,249,39827,950,455
Adv. volume* 1,612,326,71514,269,330
Decl. volume* 190,222,997 13,031,189
Issues traded 3,047 276
Advances 2,304 144
Declines 696 125
Unchanged 47 7
New highs 13 ...
New lows 688 48
Closing Arms† 0.39 1.29
Block trades* 9,379 233
Nasdaq NYSE Arca
Total volume* 4,374,197,481724,137,113
Adv. volume* 3,285,381,489624,602,906
Decl. volume* 1,071,537,31199,517,335
Issues traded 3,373 1,574
Advances 2,231 1,217
Declines 1,083 355
Unchanged 59 2
New highs 16 17
New lows 704 316
Closing Arms† 0.67 0.70
Block trades* 19,535 3,799
* 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... Percentage Losers


Volume % chg fromLatest Session 52-Week
Company Symbol (000) 65-day avg Close % chg High Low
SPDR S&P 500 SPY 274,459 193.1 288.42 5.17 339.08 273.09
Chesapeake Energy CHK 233,065 167.5 0.16 4.26 3.57 0.12
Aytu BioScience AYTU 180,355 48646.3 2.05 489.08 2.99 0.34
Finl Select Sector SPDR XLF 149,252 169.0 24.15 5.87 31.38 22.52
Velocity 3x Lg Crude ETN UWT 146,324 591.1 1.37 19.13 24.32 1.08
iShares MSCI Emg MarketsEEM 142,772 84.4 39.29 5.08 46.32 36.60
Bank of America BAC 134,739 138.1 23.61 7.66 35.72 21.51
SPDR S&P O&G Exp & Prd XOP 121,615 235.0 9.93 21.84 33.30 8.15
Novan NOVN 121,331 3936.6 0.70 37.25 3.72 0.22
Occidental Petroleum OXY 110,411 730.6 14.34 14.63 68.83 12.04
* Volumes of 100,000 shares or more are rounded to the nearest thousand

Volume% chg from Latest Session 52-Week
Company Symbol (000) 65-day avg Close % chg High Low
iSh Int Rate Hdgd Corp Bd LQDH 976 13317 87.50 -0.21 96.29 85.51
Hennessy Cap Acqn A HCAC 4,208 4357 10.20 -0.20 10.38 9.81
Acamar Ptrs Acqn ACAM 2,063 3426 10.05 -0.50 10.50 9.68
Invsc Dyn Leisure PEJ 433 3271 32.65 5.67 45.87 30.48
Osprey Tech Acqn Cl A SFTW 2,316 3257 9.92 0.00 10.33 9.70
Peoples Bancorp of NC PEBK 165 2938 23.90 0.08 34.32 22.33
Xtrackers FTSE Dev Xus DEEF 311 2594 24.72 2.53 29.15 24.08
FinServ Acquisition FSRV 1,205 2330 9.91 0.61 10.37 9.70
Gl X Adaptive US Factor AUSF 464 2273 21.59 4.00 26.92 19.85
SPDR Portfolio Europe ETFSPEU 871 2255 30.61 2.61 36.84 29.62
* 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

Nasdaq Composite Index


8344.25 s393.58, or 4.95%
High, low, open and close for each
trading day of the past three months.

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

26.35 21.95
22.15 19.25
0.98 1.10
9817.18, 02/19/20

7800

8125

8450

8775

9100

9425

9750

Dec. Jan. Feb. Mar.

65-day moving average

EQUITIES


CREDIT MARKETS


Corporate Borrowing Rates and Yields
Yield (%) 52-Week Total Return (%)
Bond total return index Close Last Week ago High Low 52-wk 3-yr
U.S. Treasury , Barclays 2447.720 0.800 0.980 2.570 0.580 14.04 6.00
U.S. Treasury Long , Barclays4881.520 1.280 1.580 3.000 0.980 38.25 14.75
Aggregate , Barclays 2225.530 1.480 1.570 3.140 1.320 11.96 5.70
Fixed-Rate MBS , Barclays 2189.780 1.450 1.720 3.280 1.450 7.29 4.15
High Yield 100 , ICE BofA 3005.291 6.477 5.054 6.758 4.516 1.26 3.29
Muni Master , ICE BofA 582.461 1.075 1.120 2.322 0.959 8.41 5.14
EMBI Global , J.P. Morgan 865.045 5.145 4.625 6.388 4.523 6.63 4.55
Sources: J.P. Morgan; S&P Dow Jones Indices; Bloomberg Barclays; ICE Data Services

Latest Session 52-Week
Company Symbol Close Net chg % chg High Low % chg
Cypress Semiconductor CY 22.75 7.47 48.89 23.55 14.57 50.8
Teekay TK 3.22 1.00 45.05 5.76 2.04 -15.0
Western Midstream Ptrs WES 6.94 1.94 38.80 35.75 5.00 -78.4
Teekay Tankers TNK 20.13 5.29 35.65 25.74 7.44 149.1
Intl Game Technology IGT 7.51 1.92 34.35 16.25 5.59 -44.1
Ovintiv OVV 2.98 0.76 34.23 38.50 2.21 -91.6
Continental Resources CLR 9.39 2.34 33.19 52.04 7.01 -77.1
ETRACS 2xM Lev Alern MLP MLPQ 5.97 1.45 32.08 30.94 3.52 -79.4
At Home Group HOME 4.13 0.96 30.28 24.81 2.87 -81.7
Tsakos Energy Navigation TNP 2.69 0.62 29.95 4.66 1.95 -14.9
NuSTAR Energy NS 13.50 3.08 29.56 30.06 10.40 -49.5
Nordic American Tankers NAT 3.43 0.78 29.43 5.28 1.66 58.1
Navios Marit Acq NNA 4.24 0.94 28.48 11.52 3.30 -34.6
Scorpio Tankers STNG 19.37 4.26 28.19 40.45 15.10 8.0
Frontline FRO 9.65 2.09 27.65 13.33 6.27 49.1

Most Active Stocks


Latest Session 52-Week
Company Symbol Close Net chg % chg High Low % chg
Spherix SPEX 1.83 -1.39 -43.17 5.52 0.65 -40.5
Inovio Pharmaceuticals INO 5.70 -4.13 -42.01 19.36 1.92 60.1
AIM ImmunoTech AIM 3.75 -2.35 -38.52 14.81 0.38 -45.7
Enzo Biochem ENZ 2.44 -1.43 -36.95 4.85 2.01 -13.5
Velocity 3x Inv Crude ETN DWT 11.50 -5.70 -33.14 18.15 3.11 46.1
UBS ProSh 3x Inv Crude WTID 12.30 -5.96 -32.64 19.13 3.36 41.9
ProSh Ultra 3x Shrt Crude OILD 34.18 -16.40 -32.42 54.07 9.33 41.2
Vaxart VXRT 1.90 -0.86 -31.16 5.00 0.25 8.6
Direxion Russia Bear 3x RUSS 11.44 -5.16 -31.08 16.97 5.57 -25.5
Co-Diagnostics CODX 6.89 -2.94 -29.91 21.75 0.69 479.0
Digirad DRAD 3.88 -1.39 -26.38 11.40 2.27 -46.9
Ascena Retail Group ASNA 2.13 -0.74 -25.78 41.80 1.96 -94.8
Ranger Energy Svcs Cl A RNGR 3.26 -1.11 -25.40 8.76 3.20 -55.9
Stitch Fix Cl A SFIX 15.86 -5.35 -25.22 37.72 14.28 -53.0
Direxion S&P Oil Gas Br DRIP 418.70-130.50 -23.76 665.50 37.15 624.4

Volume Movers Ranked by change from 65-day average*


Track the Markets
Compare the performance of selected
global stock indexes, bond ETFs,
currencies and commodities at
WSJ.com/TrackTheMarkets

Commodities
Pricing trends on some raw materials, or commodities
Tuesday 52-Week YTD
Close Net chg % Chg High Low % Chg % chg
DJ Commodity 537.44 13.77 2.63 647.86 523.67 -12.90 -16.33
TR/CC CRB Index 150.66 5.85 4.04 189.66 144.81 -16.90 -18.91
Crude oil, $ per barrel 34.36 3.23 10.38 66.30 31.13 -39.58 -43.73
Natural gas, $/MMBtu 1.936 0.158 8.89 2.874 1.684 -30.46 -11.56
Gold, $ per troy oz. 1659.10 -15.40 -0.92 1674.50 1269.30 27.99 9.19

CURRENCIES & COMMODITIES


Currencies
U.S.-dollar foreign-exchange rates in late New York trading
US$ vs,
Tues YTD chg
Country/currency in US$ per US$ (%)
Americas
Argentina peso .0160 62.5345 4.4
Brazil real .2155 4.6407 15.5
Canada dollar .7285 1.3728 5.7
Chile peso .001199 833.80 12.8
Colombia peso .000266 3765.00 14.7
Ecuador US dollar 11 unch
Mexico peso .0480 20.8420 10.1
Uruguay peso .02400 41.6600 12.2
Asia-Pacific
Australian dollar .6504 1.5375 7.9
China yuan .1437 6.9566 –0.1
Hong Kong dollar .1287 7.7673 –0.3
India rupee .01347 74.248 4.1
Indonesia rupiah .0000697 14346 3.3
Japan yen .009466 105.64 –2.8
Kazakhstan tenge .002524 396.26 3.8
Macau pataca .1249 8.0057 –0.1
Malaysia ringgit .2356 4.2450 3.8
New Zealand dollar .6271 1.5946 7.4
Pakistan rupee .00634 157.750 1.8
Philippines peso .0198 50.495 –0.4
Singapore dollar .7186 1.3916 3.4
South Korea won .00084331185.75 2.7
Sri Lanka rupee .0054765182.60 0.7
Taiwan dollar .03341 29.933 0.1
Thailand baht .03182 31.430 5.6

US$ vs,
Tues YTD chg
Country/currency in US$ per US$ (%)
Vietnam dong .00004315 23175 0.01
Europe
Czech Rep. koruna .04403 22.712 0.2
Denmark krone .1510 6.6241 –0.6
Euro area euro 1.1283 .8863 –0.6
Hungary forint .003370 296.75 0.5
Iceland krona .007791 128.35 6.0
Norway krone .1042 9.5946 9.3
Poland zloty .2617 3.8216 0.7
Russia ruble .01398 71.533 15.3
Sweden krona .1050 9.5209 1.6
Switzerland franc 1.0639 .9399 –2.9
Turkey lira .1624 6.1568 3.5
Ukraine hryvnia .0393 25.4169 7.4
UK pound 1.2909 .7747 2.7
Middle East/Africa
Bahrain dinar 2.6551 .3766 –0.1
Egypt pound .0636 15.7200 –2.0
Israel shekel .2823 3.5418 2.5
Kuwait dinar 3.2808 .3048 0.6
Oman sul rial 2.5973 .3850 ...
Qatar rial .2727 3.667 0.6
Saudi Arabia riyal .2664 3.7531 0.05
South Africa rand .0627 15.9441 13.9
CloseNet Chg% ChgYTD % Chg
WSJ Dollar Index 90.74 1.15 1.29 1.31
Sources: Tullett Prebon, Dow Jones Market Data

Dow Jones Industrial Average


25018.16 s1167.14, or 4.89%


High, low, open and close for each
trading day of the past three months.


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

19.45 17.79
16.69 15.48
2.57 2.22
29551.42, 02/12/20

23000

24000

25000

26000

27000

28000

29000

Dec. Jan. Feb. Mar.

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


2882.23 s135.67, or 4.94%
High, low, open and close for each
trading day of the past three months.

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

23.86 20.56
17.42 16.42
2.01 2.01
3386.15, 02/19/20

2650

2775

2900

3025

3150

3275

3400

Dec. Jan. Feb. Mar.

65-day moving average

*Weekly P/E data based on as-reported earnings from Birinyi Associates Inc.;†Based on Nasdaq-100 Index


MARKETS DIGEST

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