Financial results from last week ending July 29

S&P500 gained 1.7% 

   (up 1.2% y-t-d)

Dow Industrials slipped 0.2% 

    (down 7.4%)

Dow Utilities increased 0.9% 

    (down 4.6%)

Dow Transports jumped 2.7% 

    (down 8.3%)

S&P 400 Midcaps rose 0.8% 

   (down 9.7%)

Small cap Russell 2000 

gained 0.9% 

   (down 11.3%)

Nasdaq100 advanced 4.0% 

     (up 24.9%)

Biotechs fell 1.9% 

    (up 11.6%). 

With gold bullion 

surging $74, the HUI 

gold stock index 

gained 2.7% 

   (up 45.0%).

 Ten-year Treasury bond

yields fell six bps to 0.53% 

(down 139bps year over year)

U.K.'s FTSE sank 3.7%

    (down 21.8%).

Japan's Nikkei dropped 4.6% 

   (down 7.1% y-t-d)

France's CAC40 lost 3.5%

     (down 20.0%)

German DAX fell 4.1%

   (down 7.1%).

 Spain's IBEX 35 sank 5.7% 

   (down 28.0%). 

Italy's FTSE MIB dropped 4.9% 

   (down 18.8%)

Brazil's Bovespa increased 0.5% 

   (down 11.0%)

Mexico's Bolsa declined 0.9% 

   (down 15.0%). 

South Korea's Kospi rose 2.2% 

   (up 2.4%).

 India's Sensex fell 1.4%

    (down 8.8%). 

China's Shanghai jumped 3.5% 

   (up 8.5%). 

Turkey's Istanbul National 

100 index dropped 5.4% 

   (unchanged). 

Russia's MICEX rose 1.7% 

   (down 4.4%).

US

Freddie Mac 30-year 

fixed mortgage rates

 declined two bps to 2.99% 

    (down 76bps y-o-y). 

Fifteen-year rates

 fell three bps to 2.51% 

   (down 69bps). 

Five-year hybrid ARM rates

 sank 15 bps to 2.94% 

   (down 52bps)

Jumbo mortgage 30-year 

fixed rates down six bps 

to 3.12%

    (down 92bps).

Federal Reserve Credit 

 Over the past year

expanded $3.165 TN, 

or 84.4%. 

M2 (narrow) money

supply surged $3.448 TN, 

or 23.2%, over the 

past year.

Commodities

Bloomberg Commodities

 Index increased 0.8% 

   (down 15.1% y-t-d). 

Spot Gold jumped 3.9% 

to $1,976 

   (up 30.1%). 

Silver surged 6.0%

 to $24.216

    (up 35.1%). 

WTI crude fell 2.5% 

to $40.27 

   (down 34%). 

Gasoline sank 6.8%

    (down 31%)

Natural Gas declined 3.6% 

   (down 18%). 

Copper slipped 0.8%

    (up 3%). 

Wheat fell 1.5% 

   (down 5%). 

Corn dropped 2.4% 

   (down 16%).