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Figures of the Week
Figures of the Week
COMMENTARY
It's getting ugly for the Dow industrials. Procter & Gamble's Mar. 7 stunner
that earnings will be far below expectations helped push the struggling Dow
below 9800. That's barely above the year-ago level. The Dow's troubles had
little impact on the unstoppable Nasdaq Composite, which gained 2.4% for the
week and more than 100% over the past 12 months.
Data: Bloomberg Financial Markets
STOCKS
-----------% change--------
Year-to Last 12
U.S. MARKETS Mar. 8 Week date months
Dow Jones Industrials 9856.5 -2.8 -14.3 1.3
Nasdaq Composite 4897.2 2.4 20.3 104.3
Nasdaq 100 4445.7 3.2 19.9 118.6
S&P MidCap 400 473.2 1.0 6.4 28.8
S&P SmallCap 600 220.2 0.3 11.3 34.9
S&P SuperComposite 1500 291.7 -0.7 -5.6 8.8
SECTORS
S&P/BARRA Growth 847.2 -0.5 -4.5 15.0
S&P/BARRA Value 550.9 -1.4 -9.8 -2.9
S&P Basic Materials 105.4 -2.6 -23.8 -5.1
S&P Capital Goods 951.8 -1.8 -14.3 5.9
S&P Energy 819.1 4.5 -1.8 15.6
S&P Financials 110.2 -5.1 -17.2 -21.3
S&P REIT 71.0 -0.6 -3.5 -11.7
S&P Transportation 508.8 -2.3 -14.8 -27.2
S&P Utilities 228.6 -2.7 0.6 -5.5
GSTI Internet 754.5 7.3 5.9 68.0
Morgan Stanley Cyclical 461.4 -2.5 -21.2 -5.4
PSE Technology 1207.2 1.4 24.2 148.6
-----------% change--------
Year-to Last 12
GLOBAL MARKETS Mar. 8 Week date months
S&P Euro Plus U.S. Dollar 1536.1 0.0 -7.1 23.0
London (FT-SE 100) 6411.2 0.7 -7.5 2.8
Frankfurt (DAX) 7987.0 3.4 14.8 66.8
Tokyo (NIKKEI 225) 19,766.8 -1.6 4.4 30.9
Hong Kong (Hang Seng) 17,951.4 6.6 5.8 70.4
Toronto (TSE 300) 9281.1 -1.4 10.3 42.7
Mexico City (IPC) 8295.2 8.9 16.3 86.0
Week Year
FUNDAMENTALS Mar. 7 ago ago
S&P 500 Dividend Yield 1.24% 1.23% 1.25%
S&P 500 P/E Ratio (Trailing 12 mos.) 28.4 28.8 33.7
S&P 500 P/E Ratio (Next 12 mos.)* 22.4 22.6 24.2
First Call Earnings Revision* 0.21% 0.19% -1.54%
*First Call Corp.
Week
TECHNICAL INDICATORS Mar. 7 ago Reading
S&P 500 200-day average 1363.1 1361.9 Positive
Stocks above 200-day average 24.0% 24.0% Positive
Options: Put/call ratio 0.41 0.41 Negative
Insiders: Vickers Sell/buy ratio 0.73 0.72 Positive
BEST-PERFORMING Last Last 12
GROUPS month% months%
Instrumentation 43.7 Instrumentation 394.7
Defense Electronics 29.5 Defense Electronics 155.8
Oil-Well Equip. & Svcs. 22.3 Semiconductors 130.6
Oil & Gas Drilling 18.7 Communications Equip. 124.0
Semiconductors 10.6 Oil & Gas Drilling 92.7
WORST-PERFORMING Last Last 12
GROUPS month% months%
Hotels & Motels -33.9 Pollution Control -68.0
Household Products -33.4 Toys -57.0
Specialty Chemicals -30.9 Life Insurance -52.8
Life Insurance -28.3 Office Equip. & Supplies -51.6
Engineering & Constr. -24.5 Shoes -50.3
INTEREST RATES
Week Year
KEY RATES Mar. 8 ago ago
MONEY MARKET FUNDS 5.43% 5.42% 4.51%
90-DAY TREASURY BILLS 5.84 5.76 4.57
1-YEAR TREASURY BILLS 6.15 6.17 4.73
10-YEAR TREASURY NOTES 6.37 6.39 5.19
30-YEAR TREASURY BONDS 6.16 6.16 5.56
30-YEAR FIXED MORTGAGE+ 8.29 8.30 7.10
+BanxQuote, Inc.
BLOOMBERG MUNI YIELD EQUIVALENTS
Taxable equivalent yields on AAA-rated, tax-exempt municipal bonds, assuming a
31% federal tax rate.
10-yr. bond 30-yr. bond
GENERAL OBLIGATIONS 5.20% 5.83%
TAXABLE EQUIVALENT 7.54 8.45
INSURED REVENUE BONDS 5.36 6.06
TAXABLE EQUIVALENT 7.77 8.78
MUTUAL FUNDS
EQUITY FUND CATEGORIES
Leaders Laggards
Four-week total return % Four-week total return %
Technology 17.4 Financial -9.5
Small-cap Growth 17.2 Large-cap Value -6.4
Mid-cap Growth 15.9 Precious Metals -5.2
Health 9.0 Mid-cap Value -4.0
Natural Resources 8.4 Large-cap Blend -3.7
Leaders Laggards
52-week total return % 52-week total return %
Technology 190.0 Financial -17.7
Small-cap Growth 124.0 Large-cap Value -4.6
Mid-cap Growth 115.7 Real Estate -4.0
Japan 98.5 Precious Metals -3.0
Diversified Pacific/Asia 96.9 Mid-cap Value 0.7
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