Financial data for the week ending May 28, 2020

For the Week:

S&P500 gained 3.0% 

    (down 5.8% y-t-d)

Dow Industrials jumped 3.8% 

     (down 11.1%)

Dow Utilities rose 6.0% 

    (down 6.9%)

Dow Transports gained 5.9% 

    (down 17.7%)

S&P 400 Midcaps rose 4.0% 

    (down 14.5%)

Small cap Russell 2000 

gained 2.8% 

     (down 16.4%)

Nasdaq100 added 1.5% 

    (up 9.4%)

Biotechs increased 0.3% 

    (up 11.2%). 

With bullion down $4, 

the HUI gold stock index 

dropped 4.1% 

   (up 13.0%).

Ten-year Treasury yields 

slipped a basis point to 0.65% 

    (down 126bps). 

Long bond yields 

rose three bps to 1.41% (down 98

U.K.'s FTSE gained 1.4% 

    (down 19.4%).

Japan's Nikkei Equities surged 7.3% 

    (down 7.5% y-t-d)

France's CAC40 rose 5.6% 

   (down 21.5%)

German DAX gained 4.6% 

    (down 12.5%). 

Spain's IBEX 35 jumped 6.0% 

    (down 25.7%). 

Italy's FTSE MIB rose 5.1% 

    (down 22.6%)

Brazil's Bovespa rallied 6.4% 

    (down 24.4%)

Mexico's Bolsa increased 0.9% 

    (down 17.1%). 

South Korea's Kospi rose 3.0% 

    (down 7.6%). 

India's Sensex recovered 5.7% 

   (down 21.4)

China's Shanghai increased 1.4%  
   (down 6.5%). 

Russia's MICEX increased 0.9% 
   (down 10.2%).

Freddie Mac 30-year fixed mortgage rates dropped nine bps to 3.15% 
    (down 84bps y-o-y). 

Fifteen-year rates fell eight bps to 2.62% (down 84bps). 

Five-year hybrid ARM rates declined four bps to 3.13% (down 47bps). 

Jumbo mortgage  30-year fixed rates up six bps to 3.70% (down 49bps).

Federal Reserve Credit over the past year, Fed Credit expanded $3.240 TN, or 85%. 

M2 (narrow) "money" supply surged $3.453 TN, or 23.6%, over the past year. 

Commodities Watch:

The Bloomberg Commodities Index gained 1.3% (down 21.5% y-t-d). 

Spot Gold slipped 0.3% to $1,730
    (up 14.0%). 

Silver surged 4.6% to $18.499 
   (up 3.2%). 

WTI crude jumped $2.24 to $35.49
    (down 42%). 

Gasoline gained 3.9% 
   (down 36%)

Natural Gas surged 6.8% 
   (down 16%)

Copper advanced 1.6%
   (down 13%). 

Wheat rallied 2.4% 
   (down 7%). 

Corn gained 2.4% 
   (down 16%).