Pulse

Market Recap
Week of Jan. 18 through Jan. 22, 2021

The S&P 500 index rose 1.9% last week as the market had a positive reaction to the inauguration of US President Joe Biden and his plan to battle the COVID-19 pandemic, while stronger-than-expected quarterly earnings from companies including Intel (INTC) also boosted sentiment.

The market benchmark ended Friday's session at 3,841.47, up from last Friday's closing level of 3,768.25. The index posted a new intraday high Thursday at 3,861.45 and a fresh closing high Thursday at 3,853.07 but failed to top those levels Friday.

The weekly advance came as Biden released a national COVID-19 strategy on his second day in office. The plan, which calls for the authorization of the Defense Production Act to boost supplies of personal protective equipment, rapid test kits, and material for vaccines, as well as new mask mandates for travelers and a requirement that international travelers show proof of a negative COVID-19 test before departing to the US, encouraged investors in a week that has seen cumulative US COVID-19 fatalities surpass 400,000.

Some bellwether companies including Intel reported fourth-quarter results above expectations this week, also giving the index a boost.

By sector, communication services had the largest percentage increase of the week, up 5.4%, followed by a 4.3% climb in technology and a 2.6% increase in consumer discretionary. However, the financial sector fell 1.9% and energy slipped 1.6%. Other sectors in the red included materials, consumer staples, industrials and utilities.

The gainers in communication services included Netflix (NFLX), whose shares jumped 13.5% as the provider of streaming services reported Q4 sales and subscriber growth ahead of expectations. The company also forecast Q1 earnings per share and revenue above Street views.

In the technology sector, shares of semiconductor companies climbed as Intel reported Q4 adjusted EPS and revenue above analysts' expectations and forecast Q1 results above Street views. The chipmaker also raised its quarterly dividend. Shares of Intel ended the week 1.6% lower but shares of other chipmakers rose. Nvidia (NVDA) added 6.6%.

In consumer discretionary, automotive industry shares got a boost as Bank of America said it expects the automotive industry to produce "solid" Q4 earnings, with many reporting improved year-over-year earnings. Shares of automakers General Motors (GM) and Ford Motor (F) climbed 10.9% and 6.6%, respectively.

On the downside, in the financial sector, shares of Bank of America (BAC) fell 4.4% this week as the big bank reported weaker-than-expected Q4 revenue, hurt by a drop in consumer banking revenue. The company's earnings fell year on year but topped analysts' expectations.

The energy sector's decliners included NOV (NOV), which had a 9.1% decline in its shares this week as the oilfield equipment company warned investors it expects Q4 consolidated revenue of $1.33 billion, below prior guidance. The company's chairman and CEO, Clay Williams, also said NOV expects continued softness in Q1, although it is hopeful for improved profitability over the course of 2021.

Next week's earnings calendar includes reports from Kimberly-Clark (KMB) on Monday; 3M (MMM), Microsoft (MSFT) and Johnson & Johnson (JNJ) on Tuesday; Apple (AAPL) and Facebook (FB) on Wednesday; McDonald's (MCD) on Thursday; and Caterpillar (CAT) on Friday, among others.

The data calendar next week features the January consumer-confidence index on Tuesday; durable goods and capital goods orders for December on Wednesday; weekly jobless claims and December trade data and new home sales Thursday; and December consumer spending and core inflation on Friday. There will also be a two-day Federal Open Market Committee meeting concluding next Wednesday.

Provided by MT Newswires.

Major US Indicators Events Calendar
Jan. 25 through Jan. 31, 2021
Indicator Name
Latest Value
Next Release
Next Release Time (ET)
Frequency
1 Release Ago
2 Release Ago
3 Release Ago
US Durable Goods New Orders MoM
0.89%
01/27/2021
8:30 AM
Monthly
-50.14%
-16.87%
432.2%
US Durable Goods New Orders YoY
1.25%
01/27/2021
8:30 AM
Monthly
--
--
--
Target Federal Funds Rate Lower Limit
0.00%
01/27/2021
2:15 PM
Market Daily
--
--
--
US Initial Claims for Unemployment Insurance
900000.0
01/28/2021
8:30 AM
Weekly
-2.81%
18.11%
0.26%
30 Year Mortgage Rate
2.79%
01/28/2021
10:00 AM
Weekly
5.28%
-0.75%
0.38%
US New Single Family Houses Sold
841.00K
01/28/2021
10:00 AM
Monthly
-11.01%
-2.07%
-1.23%
US Personal Consumption Expenditures
14.57T
01/29/2021
8:30 AM
Monthly
-0.43%
0.33%
1.29%
US Personal Income
19.49T
01/29/2021
8:30 AM
Monthly
-1.13%
-0.64%
0.77%
View All Indicator Releases
Headline US Indicators Review
Indicator Name
Date
Latest Value 1M Ago
3M Ago
1Y Ago
1M Change
3M Change
1Y Change
Target Federal Funds Rate Lower Limit
12/16/20
0.00% 0.00%
0.00%
1.50%
--
--
-100.0%
US Consumer Price Index
12/31/20
261.78 260.82
260.21
258.44
0.37%
0.60%
1.29%
US GDP
09/30/20
21.17T 21.17T
19.52T
21.54T
0.00%
8.45%
-1.72%
US Housing Starts
12/31/20
1.669M 1.578M
1.437M
1.587M
5.77%
16.14%
5.17%
US Manufacturing New Orders
11/30/20
487.24B 482.23B
469.80B
489.17B
1.04%
3.71%
-0.39%
US Personal Consumption Expenditures
11/30/20
14.57T 14.63T
14.40T
14.75T
-0.43%
1.18%
-1.26%
US Retail Sales
12/31/20
489.75B 491.08B
497.07B
460.77B
-0.27%
-1.47%
6.29%
US Total Nonfarm Payrolls
12/31/20
142.62M 142.76M
141.77M
152.00M
-0.10%
0.60%
-6.17%
View All Indicators
US Equity Major Funds Review
Benchmark:
S&P 500 Total Return
Week %
1.22%
YTD %
2.36%
1Y %
17.77%
Passive Week % YTD % 1Y%
Invesco QQQ Trust
3.52% 3.72% 46.40%
SPDR® S&P 500 ETF Trust
1.17% 2.41% 17.75%
Vanguard Dividend Appreciation ETF
-0.23% -0.14% 11.57%
Vanguard Institutional Index I
1.23% 2.36% 17.76%
Vanguard Small-Cap ETF
0.10% 7.02% 25.43%
Vanguard Total Stock Market ETF
1.06% 3.21% 21.29%
iShares Russell 1000 Value ETF
-1.19% 2.59% 4.27%
iShares Russell 2000 ETF
0.50% 9.66% 30.14%
Active Week % YTD % 1Y%
American Funds Growth Fund of Amer A
1.96% 4.16% 38.43%
American Funds Washington Mutual A
-0.29% 2.01% 8.00%
Dodge & Cox Stock
-2.23% 4.46% 9.98%
Fidelity® Contrafund®
3.49% 2.62% 29.81%
MFS Value I
-1.36% 1.09% 3.19%
T. Rowe Price Mid-Cap Growth
0.63% 3.59% 25.08%
Vanguard Dividend Growth Inv
-0.79% -1.62% 7.09%
Vanguard Windsor™ II Admiral™
-0.28% 3.48% 16.00%
View All Funds
International Equity Major Funds Review
Benchmark:
MSCI ACWI Ex USA Total Return
Week %
1.23%
YTD %
4.15%
1Y %
14.47%
Passive Week % YTD % 1Y%
Vanguard FTSE Developed Markets ETF
-0.63% 3.16% 12.31%
Vanguard FTSE Europe ETF
-0.58% 2.87% 8.30%
Vanguard Total International Stock ETF
-0.02% 4.39% 14.50%
iShares MSCI EAFE ETF
-0.57% 3.00% 9.99%
iShares MSCI Emerging Markets ETF
1.27% 8.05% 24.90%
iShares MSCI Eurozone ETF
-0.91% 1.79% 9.74%
iShares MSCI Japan ETF
-0.97% 2.49% 17.39%
Active Week % YTD % 1Y%
American Funds Capital World Gr&Inc A
0.69% 3.50% 17.28%
American Funds Europacific Growth R6
0.10% 3.58% 27.86%
American Funds New Perspective A
0.90% 4.35% 34.79%
Franklin Mutual Global Discovery A
-1.06% 3.38% -1.93%
Harbor International Institutional
-1.10% 2.32% 13.18%
Invesco Developing Markets Y
0.20% 4.86% 21.91%
MFS International Intrinsic Value I
-1.05% 0.27% 18.54%
Oakmark International Investor
-1.03% 2.84% 10.06%
View All Funds
US Fixed Income Major Funds Review
Benchmark:
Bloomberg Barclays US Aggregate
Week %
0.14%
YTD %
-0.75%
1Y %
5.75%
Passive Week % YTD % 1Y%
SPDR® Blmbg Barclays High Yield Bd ETF
0.08% 0.00% 4.44%
Vanguard Interm-Term Bond ETF
0.08% -0.81% 7.66%
Vanguard Total Bond Market ETF
0.11% -0.92% 5.75%
iShares Core US Aggregate Bond ETF
0.10% -0.80% 5.63%
iShares TIPS Bond ETF
0.58% 0.09% 10.16%
iShares iBoxx $ High Yield Corp Bd ETF
0.06% 0.00% 4.02%
iShares iBoxx $ Invmt Grade Corp Bd ETF
-0.17% -1.76% 7.57%
Active Week % YTD % 1Y%
Dodge & Cox Income
0.21% -0.41% 8.00%
DoubleLine Total Return Bond N
0.28% 0.09% 3.08%
Lord Abbett Short Duration Income F
0.07% 0.15% 2.76%
Metropolitan West Total Return Bd I
0.21% -0.56% 7.48%
PIMCO Income Instl
0.20% 0.25% 5.30%
PIMCO Total Return Instl
0.25% -0.54% 7.29%
T. Rowe Price New Income
0.15% -0.39% 4.30%
Vanguard Interm-Term Tx-Ex Adm
0.19% 0.19% 4.33%
Vanguard Short-Term Investment-Grade Adm
0.14% 0.01% 4.81%
View All Funds
Indices > S&P 500 Events Calendar
Jan. 25 through Jan. 31, 2021
Earnings Next Earnings Report
Estimate
MSFT
Microsoft Corp
01/26/21
1.637
JNJ
Johnson & Johnson
01/26/21
1.828
AAPL
Apple Inc
01/27/21
1.408
TSLA
Tesla Inc
01/27/21
1.020
FB
Facebook Inc
01/27/21
3.202
V
Visa Inc
01/28/21
1.280
MA
Mastercard Inc
01/28/21
1.532
PYPL
PayPal Holdings Inc
01/29/21
0.9957
Dividends Ex-Date Amount Price
PFE
Pfizer Inc
01/28/21 0.39 36.55
MS
Morgan Stanley
01/28/21 0.35 74.13
INFO
IHS Markit Ltd
01/28/21 0.20 88.09
TXN
Texas Instruments Inc
01/29/21 1.02 172.81
C
Citigroup Inc
01/29/21 0.51 61.33
MMC
Marsh & McLennan Companies Inc
01/29/21 0.465 111.52
AON
Aon PLC
01/29/21 0.46 206.46
BK
Bank of New York Mellon Corp
01/29/21 0.31 41.93
View All Stock Events
Technology Majors Review
Benchmark:
Technology Select Sector SPDR® ETF
Week %
3.18%
YTD %
2.16%
1Y %
38.04%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
GOOG
Alphabet Inc
9.24% 8.51% 27.94% 5.67%
1.286T
AAPL
Apple Inc
7.88% 4.81% 76.61% 3.20%
2.340T
CSCO
Cisco Systems Inc
-0.84% 0.86% -5.56% 0.89%
189.18B
FB
Facebook Inc
11.75% 0.49% 24.03% 8.93%
781.86B
IBM
International Business Machines Corp
-8.03% -5.78% -13.27% 25.00%
105.69B
MSFT
Microsoft Corp
6.07% 1.59% 37.81% 3.85%
1.708T
ORCL
Oracle Corp
-2.01% -6.34% 12.15% -5.07%
177.70B
QCOM
Qualcomm Inc
0.98% 6.62% 79.09% -2.05%
184.47B
View All Stocks
Financial Services Majors Review
Benchmark:
Financial Select Sector SPDR® ETF
Week %
-3.56%
YTD %
2.92%
1Y %
0.93%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BAC
Bank of America Corp
-7.18% 4.09% -5.70% 2.00%
272.93B
BRK.B
Berkshire Hathaway Inc
-0.89% 0.45% 1.47% 0.21%
546.13B
C
Citigroup Inc
-11.13% -0.54% -20.28% 0.82%
127.70B
GS
Goldman Sachs Group Inc
-6.00% 9.74% 19.98% 9.84%
99.57B
JPM
JPMorgan Chase & Co
-5.23% 6.04% 1.52% 3.76%
407.98B
MA
Mastercard Inc
0.63% -7.71% 1.97% 4.40%
327.98B
V
Visa Inc
0.08% -7.64% -2.22% 0.82%
445.33B
WFC
Wells Fargo & Co
-8.20% 5.70% -31.68% -2.24%
132.19B
View All Stocks
Industrials Majors Review
Benchmark:
Industrial Select Sector SPDR® ETF
Week %
-1.66%
YTD %
-0.05%
1Y %
8.81%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
MMM
3M Co
1.58% -3.29% -1.49% 3.04%
97.51B
BA
Boeing Co
-1.94% -3.84% -32.99% -17.09%
116.20B
CAT
Caterpillar Inc
-2.25% 6.01% 38.35% -7.43%
104.27B
DHR
Danaher Corp
0.57% 7.16% 45.94% -0.28%
169.10B
GE
General Electric Co
-4.72% 2.87% -1.78% -7.41%
97.32B
HON
Honeywell International Inc
-3.05% -4.91% 14.95% 0.55%
141.92B
LMT
Lockheed Martin Corp
-2.18% -4.25% -17.82% 1.60%
95.09B
UPS
United Parcel Service Inc
-2.74% -5.59% 40.15% 0.07%
137.43B
View All Stocks
Real Estate Majors Review
Benchmark:
Real Estate Select Sector SPDR®
Week %
2.88%
YTD %
0.71%
1Y %
-3.90%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BXP
Boston Properties Inc
-3.44% -3.42% -31.81% 2.24%
14.21B
BAM
Brookfield Asset Management Inc
-0.57% -6.83% -5.54% 3.26%
58.05B
BPYU
Brookfield Property REIT Inc
0.52% 15.46% -2.50% 4.75%
674.98M
CBRE
CBRE Group Inc
6.04% 5.26% 8.39% -4.77%
22.15B
EQIX
Equinix Inc
4.57% 0.98% 23.75% -4.30%
64.26B
PLD
Prologis Inc
5.99% 1.57% 10.47% -1.47%
74.82B
SPG
Simon Property Group Inc
0.57% 11.97% -29.86% -5.98%
31.33B
VTR
Ventas Inc
1.36% 0.18% -10.38% 4.36%
18.40B
View All Stocks
Energy Majors Review
Benchmark:
Energy Select Sector SPDR® ETF
Week %
-5.42%
YTD %
11.00%
1Y %
-21.78%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BP
BP PLC
-6.28% 16.33% -32.00% -2.49%
80.94B
CVX
Chevron Corp
-3.94% 8.62% -14.17% 0.12%
176.58B
COP
ConocoPhillips
-10.82% 6.75% -29.49% 3.49%
57.83B
XOM
Exxon Mobil Corp
-5.72% 15.07% -23.77% -1.55%
200.55B
HAL
Halliburton Co
-11.58% 1.80% -17.97% 1.58%
17.01B
PBR
Petroleo Brasileiro SA Petrobras
-11.62% -9.26% -30.29% -3.38%
66.46B
PSX
Phillips 66
-2.14% 3.73% -25.03% -2.49%
31.69B
SU
Suncor Energy Inc
-8.67% 5.48% -44.26% 0.18%
27.00B
View All Stocks
Healthcare Majors Review
Benchmark:
Health Care Select Sector SPDR® ETF
Week %
0.84%
YTD %
3.66%
1Y %
14.27%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
ABBV
AbbVie Inc
-0.69% 4.67% 33.81% -0.15%
195.72B
AMGN
Amgen Inc
4.90% 10.26% 10.02% 0.68%
147.58B
JNJ
Johnson & Johnson
1.81% 3.92% 13.35% 0.79%
430.55B
MRK
Merck & Co Inc
-1.45% -1.00% -6.81% 1.65%
204.88B
NVS
Novartis AG
2.41% 2.62% 5.53% 5.54%
220.40B
PFE
Pfizer Inc
-0.54% -0.71% 0.20% -8.15%
203.16B
UNH
UnitedHealth Group Inc
-0.85% -0.89% 17.48% -0.19%
329.76B
View All Stocks
Consumer Defensive Majors Review
Benchmark:
Consumer Staples Select Sector SPDR® ETF
Week %
-1.20%
YTD %
-3.53%
1Y %
4.42%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
KO
Coca-Cola Co
-1.50% -11.58% -12.98% 4.19%
208.38B
MDLZ
Mondelez International Inc
-1.85% -3.80% 3.70% 0.90%
80.45B
PEP
PepsiCo Inc
-2.24% -6.55% -0.49% 3.09%
191.53B
PM
Philip Morris International Inc
-0.62% -2.55% -3.21% -0.11%
125.64B
PG
Procter & Gamble Co
-3.69% -6.00% 6.10% 4.34%
320.12B
TGT
Target Corp
-3.08% 8.71% 71.90% 3.10%
96.10B
KHC
The Kraft Heinz Co
2.59% -5.05% 13.54% -0.16%
40.24B
WMT
Walmart Inc
-0.44% 1.51% 28.16% -0.61%
414.01B
View All Stocks
Consumer Cyclical Majors Review
Benchmark:
Consumer Discret Sel Sect SPDR® ETF
Week %
1.80%
YTD %
5.80%
1Y %
34.87%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BABA
Alibaba Group Holding Ltd
6.44% 11.12% 16.30% 5.86%
699.73B
AMZN
Amazon.com Inc
5.27% 1.08% 74.43% 4.25%
1.652T
MCD
McDonald's Corp
2.34% -0.56% 3.46% -1.23%
158.99B
NKE
Nike Inc
-1.38% -1.50% 34.62% -0.86%
219.68B
SBUX
Starbucks Corp
2.05% -2.87% 14.59% 0.98%
121.96B
HD
The Home Depot Inc
5.84% 6.92% 24.87% -6.05%
305.75B
DIS
The Walt Disney Co
-0.37% -4.64% 19.98% 1.49%
313.47B
TJX
TJX Companies Inc
-1.63% -2.02% 7.57% -2.10%
80.33B
View All Stocks
Utilities Majors Review
Benchmark:
Utilities Select Sector SPDR® ETF
Week %
0.74%
YTD %
0.22%
1Y %
-3.62%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
D
Dominion Energy Inc
1.79% -3.87% -9.89% -7.28%
58.98B
DTE
DTE Energy Co
0.17% 0.41% -4.52% 0.93%
23.60B
DUK
Duke Energy Corp
-1.49% -1.39% -1.14% -1.02%
66.45B
ETR
Entergy Corp
-0.03% -5.88% -23.92% 2.58%
18.82B
NGG
National Grid PLC
0.60% 1.74% -2.67% -5.86%
42.63B
NEE
NextEra Energy Inc
2.04% 9.15% 32.29% 0.89%
164.97B
SO
Southern Co
1.86% -2.10% -8.09% 3.01%
63.52B
WEC
WEC Energy Group Inc
0.60% -5.05% -8.64% 0.64%
27.56B
View All Stocks
Basic Materials Majors Review
Benchmark:
Materials Select Sector SPDR® ETF
Week %
-2.68%
YTD %
2.75%
1Y %
26.26%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
AA
Alcoa Corp
-22.68% -15.84% 16.94% 13.75%
3.608B
MT
ArcelorMittal SA
-9.19% -2.05% 41.51% 4.05%
23.72B
DD
DuPont de Nemours Inc
-1.84% 14.03% 36.49% 16.71%
59.51B
ECL
Ecolab Inc
-0.02% -1.83% 9.19% 0.02%
60.63B
NTR
Nutrien Ltd
-2.37% 9.43% 20.40% 1.35%
29.99B
RIO
Rio Tinto PLC
-4.05% 8.22% 44.78% -3.86%
101.50B
SHW
Sherwin-Williams Co
1.86% -0.37% 24.58% -5.91%
66.50B
VALE
Vale SA
-9.13% 2.68% 33.39% -4.79%
88.29B
View All Stocks