Financial News from last week

For the Week:

S&P500 gained 1.8% 

    (down 1.4% y-t-d)

Dow Industrials rose 1.0% 

   (down 8.6%)

Dow Utilities unchanged 

    (down 9.3%)

Dow Transports increased 0.8% 

    (down 14.6%)

S&P 400 Midcaps slipped 0.3% 

    (down 14.1%)

Small cap Russell 2000 

down 0.6% 

    (down 14.7%)

Nasdaq100 advanced 4.8% 

    (up 24.1%)

Biotechs rose 1.5% 

   (up 16.5%).

 With bullion rising $27, 

the HUI gold stock index 

jumped 6.8% 

    (up 28.8%).

US Ten-year Treasury yields 

declined two bps to 0.65% 

(down 127bps y-o-y).

 U.K.'s FTSE fell 1.0% (down 19.2%).

Japan's Nikkei little changed (down 5.8% y-t-d).

France's CAC40 declined 0.7% (down 16.9%). 

German DAX gained 0.8% (down 4.6%). 

Spain's IBEX 35 fell 1.1% (down 23.3%). 

Italy's FTSE MIB increased 0.2% (down 15.9%).

Brazil's Bovespa  jumped 3.4% (down 13.5%)

Mexico's Bolsa sank 3.9% (down 16.3%). 

South Korea's Kospi little changed (down 2.2%). 

India's Sensex rose 1.6% (down 11.3%). 

China's Shanghai surged 7.3% (up 10.9%). 

Turkey's Istanbul National 

100 index slipped 0.8% (up 0.3%). 

Russia's MICEX was unchanged (down 8.0%).

Freddie Mac 30-year 

fixed mortgage rates 

declined three bps 

to a record low 3.03% 

(down 72bps y-o-y). 

Fifteen-year rates 

fell five bps to 2.51%

 (down 71bps). 

Five-year hybrid ARM rates 

added two bps to 3.02% 

(down 44bps). 

Jumbo mortgage 

30-year fixed rates 

down six bps to 3.26% 

(down 87bps).

Federal Reserve Credit 

 Over the past year, 

 expanded $3.140 TN, 

or 83%. 

M2 (narrow) "money" supply 

surged $3.590 TN, or 24.2%, 

over the past year.

Commodities Watch:

 Bloomberg Commodities 

Index gained 1.5% (down 17.6% y-t-d). 

Spot Gold rose 1.5% to $1,799 (up 18.5%). 

Silver surged 4.2% to $19.08 (up 6.5%).

WTI crude increased 30 cents to $40.62

 (down 34%). 

Gasoline jumped 3.0% (down 24%)

 Natural Gas declined 0.5% (down 17%). 

Copper surged 7.1% (up 4%). 

Wheat jumped 8.8% (down 4%). 

Corn fell 2.1% (down 13%).