Market Summary

Moving the Market

Sector Watch


  • 10 year note 2.91
  • Stock market loses ground with tech and consumer staples leading the skid.
Strong: Weak:

Consumer Staples
Information Tech
Real Estate




WEEK 15  04/09 - 04/13

  • Dow Industrials: 24,360.14 +427.38
  • S&P 500: 2,656.30  +51.83
  • NASDAQ Composite: 7,106.65 +191.54
  • NYSE AMEX Composite: 2,549.62 +62.86
  • NYSE Composite: 12,546.05  +196.65
  • 10-year Treasury: 2.82% +0.04


Select Economic Indicators
Stock Market Valuation Impact

Period:  03/26 - 04/13

  • S&P Case-Shiller Home Price Index +0.8%
    Positive (This report for the month of January showed continuing strength in home price gains.)
  • Consumer Confidence -2.3 to 127.7
    Neutral (Confidence was slightly lower than the consensus forecast, but still remains strong.)
  • Gross Domestic Product +2.9%
    Positive (The final Q4 revision improved from the previous 2.5% estimate at the high end of consensus.)
  • International Trade -75.4B
    Neutral (The large February trade deficit matched consensus for little change from January.)
  • Personal Consumption Expenses +0.2%
    Neutral (February's inflation remained mild with income and spending showing gains.)
  • Chicago PMI -45 to 57.4
    Negative (March data from purchasing managers in the region showed unexpected slowing.)
  • Consumer Sentiment -0.6 to 101.4
    Positive (March data shows sentiment at consensus and remaining strong.)
  • PMI Manufacturing Index -0.1 to 55.6
    Neutral (This end of March measure held steady matching consensus.)
  • Construction Spending +0.1%
    Neutral (February spending was weak hitting the low end of consensus.)
  • ISM Manufacturing Index 1.5 to 59.3
    Neutral (The March report eased some from February matching consensus.)
  • ADP Employment +241K
    Positive (March private payroll growth was strong and well above the consensus forecast.)
  • Factory Orders +1.2%
    Positive (Orders for core capital goods showed good strength during February.)
  • International Trade -0.9B to -57.6B
    Negative (At the low end of consensus for February showing a steady growth in the nation's trade deficit.)
  • March Emplyment Data +103K
    Negative (Payroll growth was well below expectations.)
  • Producer Price Index +0.3%
    Negative (Slightly higher inflation at the wholesale level during March, but the acceleration is modest.)
  • Consumer Price Index -0.1%
    Neutral (Falling gasoline prices lowered the index reading for March, but the +0.2% core rate increase matched consensus.)
  • Consumer Sentiment -3.6 to 97.8
    Negative (Early April sentiment reading weakened coming in below consensus expectations.)
  • Job Openings/Labor Turnover 176K to 6.052M
    Neutral (At the low end of consensus for February.  The 545K gap between openings and hires is wide and suggests the economy is at full employment.)

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