Pulse

Market Recap
Week of Aug. 3 through Aug. 7, 2020

The S&P 500 index rose 2.5% this week, marking a strong start to August amid earnings-driven gains and better-than-expected July jobs data.

The market benchmark ended the week at 3,351.28, up from last week's closing level of 3,271.12. It is now up 3.7% for the year to date.

The strong weekly advance came amid continued enthusiasm for technology and communication-services stocks thanks to better-than-expected earnings for many companies. Investors also were encouraged by the lowest number of weekly jobless claims since March while monthly nonfarm payrolls came in better than expected.

The monthly jobs data reported Friday by the Labor Department showed employers added 1.8 million jobs in July while the unemployment rate declined to 10.2% from 11.1% in June. These figures were better than Econoday's consensus estimates for an increase of 1.7 million jobs and an unemployment rate of 10.5%.

This week's gain in the S&P 500 also came on optimism for another pandemic relief package. However, as of Friday afternoon, talks between White House officials and Democratic leaders for additional pandemic relief appeared at a standstill.

Every sector of the S&P 500 was in the black for the week. Industrials had the strongest percentage increase, up 4.7%, followed by a 3.4% rise in financials and a 3.2% increase in energy. Other strong sectors included communication services, up 3.1%, and technology, up 3.0%.

The industrial sector was boosted by strong gains in the shares of US airlines as a group of Republican senators supported a new six-month extension of the $25 billion payroll assistance program that would help keep airline jobs through March 2021 as surging COVID-19 cases negatively impact travel demand. Among the gainers, shares of American Airlines (AAL) jumped 17.2% this week.

Among financial stocks, shares of Assurant (AIZ) rose 13.7% this week as the company posted Q2 net operating income that was up from the year-earlier period and analysts' mean estimate.

The energy sector's gains came as crude oil futures rose on the week. Shares of Devon Energy (DVN) rose 15.4% on the week as the oil-and-gas producer reported a narrower-than-expected Q2 core loss and cut its guidance for 2020 capital spending while raising its full-year forecast for oil production. The company's board also declared a $100 million special dividend.

In communication services, shares of Walt Disney (DIS) jumped 11.1% amid its report of a surprise adjusted profit when an adjusted loss had been expected. While the company's Parks, Experiences and Products segment took a $3.5 billion hit to operating income from closures related to the pandemic, Disney benefited from a surge in subscriptions to its streaming service.

Apple (AAPL) shares gave a strong boost to the technology sector as investors and analysts continued to cheer the consumer technology company's fiscal Q3 earnings beat reported last week. The consumer technology company is benefiting from increased demand for its products at a time when many have been working or schooling at home. The stock jumped 4.6% this week.

Next week's economic calendar features the release of the July producer price index on Tuesday and the July consumer price index on Wednesday. Friday, the market will get July readings on retail sales, industrial production and capacity utilization. August consumer sentiment is also set to be posted Friday.

Provided by MT Newswires.

Major US Indicators Events Calendar
Aug. 10 through Aug. 16, 2020
Indicator Name
Latest Value
Next Release
Next Release Time (ET)
Frequency
1 Release Ago
2 Release Ago
3 Release Ago
US Producer Price Index YoY
-0.84%
08/11/2020
8:30 AM
Monthly
0.00%
0.00%
0.00%
US Consumer Price Index
257.21
08/12/2020
8:30 AM
Monthly
0.57%
-0.05%
-0.80%
US Consumer Price Index MoM
0.57%
08/12/2020
8:30 AM
Monthly
--
--
--
US Initial Claims for Unemployment Insurance
1.186M
08/13/2020
8:30 AM
Weekly
-17.35%
0.91%
8.72%
30 Year Mortgage Rate
2.99%
08/13/2020
10:00 AM
Weekly
-0.66%
1.01%
-1.65%
US Unit Labor Costs: Nonfarm Business QoQ
5.10%
08/14/2020
8:30 AM
Quarterly
131.8%
1.00K%
100.0%
US Retail Sales MoM
6.40%
08/14/2020
8:30 AM
Monthly
-62.59%
--
--
US Retail Sales YoY
4.98%
08/14/2020
8:30 AM
Monthly
--
--
--
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
07/29/20
0.00% 0.00%
0.00%
2.00%
--
--
-100.0%
US Consumer Price Index
06/30/20
257.21 255.77
257.95
255.40
0.57%
-0.29%
0.71%
US GDP
06/30/20
19.41T 19.41T
21.56T
21.33T
0.00%
-9.98%
-9.01%
US Housing Starts
06/30/20
1.186M 1.011M
1.269M
1.235M
17.31%
-6.54%
-3.97%
US Manufacturing New Orders
06/30/20
437.21B 411.70B
441.82B
489.11B
6.20%
-1.04%
-10.61%
US Personal Consumption Expenditures
06/30/20
13.85T 13.11T
13.88T
14.56T
5.63%
-0.20%
-4.84%
US Retail Sales
06/30/20
476.88B 448.20B
438.22B
454.26B
6.40%
8.82%
4.98%
US Total Nonfarm Payrolls
07/31/20
139.58M 137.82M
130.30M
150.95M
1.28%
7.12%
-7.53%
View All Indicators
US Equity Major Funds Review
Benchmark:
S&P 500 Total Return
Week %
2.49%
YTD %
4.93%
1Y %
18.54%
Passive Week % YTD % 1Y%
Invesco QQQ Trust
2.14% 28.18% 48.52%
SPDR® S&P 500 ETF Trust
2.47% 5.05% 18.54%
Vanguard Dividend Appreciation ETF
2.68% 2.31% 11.58%
Vanguard Institutional Index I
2.49% 4.93% 18.52%
Vanguard Mid-Cap ETF
1.62% 0.29% 10.27%
Vanguard Small-Cap ETF
3.69% -4.05% 5.34%
Vanguard Total Stock Market ETF
2.59% 4.73% 17.59%
iShares Russell 1000 Value ETF
2.78% -10.51% 0.10%
iShares Russell 2000 ETF
5.98% -5.06% 6.09%
Active Week % YTD % 1Y%
American Funds Growth Fund of Amer A
1.88% 15.74% 29.57%
American Funds Washington Mutual A
2.16% -3.57% 7.30%
Dodge & Cox Stock
3.23% -10.00% 2.30%
Fidelity® Contrafund®
2.31% 20.13% 32.31%
MFS Value I
1.90% -7.63% 2.51%
Vanguard Dividend Growth Inv
2.40% 0.06% 7.80%
Vanguard Windsor™ II Admiral™
2.65% -2.67% 10.51%
View All Funds
International Equity Major Funds Review
Benchmark:
MSCI ACWI Ex USA Total Return
Week %
1.70%
YTD %
-5.15%
1Y %
7.31%
Passive Week % YTD % 1Y%
Vanguard FTSE Developed Markets ETF
2.89% -6.14% 5.70%
Vanguard FTSE Europe ETF
2.57% -7.46% 5.25%
Vanguard Total International Stock ETF
2.23% -5.25% 6.94%
iShares MSCI EAFE ETF
2.55% -7.07% 3.95%
iShares MSCI Emerging Markets ETF
1.34% -1.66% 13.25%
iShares MSCI Eurozone ETF
2.65% -6.94% 3.98%
iShares MSCI Japan ETF
3.07% -4.71% 6.25%
Active Week % YTD % 1Y%
American Funds Capital World Gr&Inc A
1.68% 0.23% 12.38%
American Funds Europacific Growth R6
2.13% 2.83% 16.15%
American Funds New Perspective A
1.83% 10.39% 23.95%
Franklin Mutual Global Discovery A
3.16% -18.68% -8.71%
Harbor International Institutional
3.06% -8.31% 4.02%
Invesco Oppenheimer Developing Markets Y
0.14% -2.74% 11.09%
MFS International Intrinsic Value I
0.86% 7.66% 19.51%
Oakmark International Investor
3.39% -19.24% -4.89%
View All Funds
US Fixed Income Major Funds Review
Benchmark:
Bloomberg Barclays US Aggregate
Week %
0.10%
YTD %
7.83%
1Y %
8.56%
Passive Week % YTD % 1Y%
SPDR® Blmbg Barclays High Yield Bd ETF
0.23% -0.08% 4.22%
Vanguard Interm-Term Bond ETF
0.12% 9.51% 10.19%
Vanguard Interm-Term Corp Bd ETF
0.30% 7.90% 10.11%
Vanguard Total Bond Market ETF
0.09% 8.07% 9.01%
iShares Core US Aggregate Bond ETF
0.06% 7.76% 8.62%
iShares TIPS Bond ETF
0.25% 8.78% 9.43%
iShares iBoxx $ High Yield Corp Bd ETF
0.14% -0.15% 4.12%
iShares iBoxx $ Invmt Grade Corp Bd ETF
0.51% 10.32% 13.57%
Active Week % YTD % 1Y%
Dodge & Cox Income
0.40% 7.85% 9.77%
Lord Abbett Short Duration Income F
0.30% 0.98% 2.14%
Metropolitan West Total Return Bd I
0.29% 8.60% 9.42%
PIMCO Income Instl
0.73% 0.42% 2.95%
PIMCO Total Return Instl
0.24% 7.99% 8.47%
T. Rowe Price New Income
0.25% 4.83% 6.01%
Vanguard Interm-Term Tx-Ex Adm
0.45% 4.10% 4.32%
Vanguard Short-Term Investment-Grade Adm
0.04% 4.09% 4.98%
View All Funds
Indices > S&P 500 Events Calendar
Aug. 10 through Aug. 16, 2020
Earnings Next Earnings Report
Estimate
MAR
Marriott International Inc
08/10/20
-0.4073
DUK
Duke Energy Corp
08/10/20
1.034
PPL
PPL Corp
08/10/20
0.5492
SPG
Simon Property Group Inc
08/10/20
0.9356
SYY
Sysco Corp
08/11/20
-0.3098
BR
Broadridge Financial Solutions Inc
08/11/20
2.091
CSCO
Cisco Systems Inc
08/12/20
0.7379
AMAT
Applied Materials Inc
08/13/20
0.9487
Dividends Ex-Date Amount Price
XOM
Exxon Mobil Corp
08/12/20 0.87 43.44
V
Visa Inc
08/13/20 0.30 196.36
WMT
Walmart Inc
08/13/20 0.54 129.97
LLY
Eli Lilly and Co
08/13/20 0.74 152.93
HON
Honeywell International Inc
08/13/20 0.90 155.11
RTX
Raytheon Technologies Corp
08/13/20 0.475 61.23
DUK
Duke Energy Corp
08/13/20 0.965 86.61
AMGN
Amgen Inc
08/14/20 1.60 240.69
View All Stock Events
Technology Majors Review
Benchmark:
Technology Select Sector SPDR® ETF
Week %
3.00%
YTD %
25.07%
1Y %
48.90%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
GOOG
Alphabet Inc
0.78% 11.78% 27.30% 1.27%
1.016T
AAPL
Apple Inc
4.76% 52.40% 126.4% 1.29%
1.900T
CSCO
Cisco Systems Inc
0.70% 1.30% -6.48% -7.34%
200.26B
FB
Facebook Inc
5.82% 30.79% 44.99% 7.35%
764.74B
IBM
International Business Machines Corp
2.97% -3.28% -4.62% -8.93%
111.29B
MSFT
Microsoft Corp
3.64% 35.47% 59.01% 4.18%
1.608T
ORCL
Oracle Corp
-0.40% 5.63% 5.38% -14.88%
169.48B
QCOM
Qualcomm Inc
2.50% 24.58% 60.81% 0.09%
122.13B
View All Stocks
Financial Services Majors Review
Benchmark:
Financial Select Sector SPDR® ETF
Week %
3.37%
YTD %
-18.05%
1Y %
-4.74%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BAC
Bank of America Corp
4.94% -24.87% -3.99% -5.36%
226.22B
BRK.B
Berkshire Hathaway Inc
7.00% -7.51% 5.69% -5.62%
509.04B
C
Citigroup Inc
4.22% -32.90% -17.14% -9.86%
108.51B
GS
Goldman Sachs Group Inc
5.21% -8.28% 3.72% -3.42%
71.62B
JPM
JPMorgan Chase & Co
2.84% -26.77% -4.75% -8.51%
302.87B
MA
Mastercard Inc
6.32% 10.31% 22.45% 1.19%
328.37B
V
Visa Inc
3.13% 4.83% 12.70% -2.41%
417.83B
WFC
Wells Fargo & Co
3.77% -51.76% -42.18% -5.12%
103.29B
View All Stocks
Industrials Majors Review
Benchmark:
Industrial Select Sector SPDR® ETF
Week %
4.74%
YTD %
-6.62%
1Y %
2.77%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
MMM
3M Co
5.22% -8.52% 0.40% -4.78%
91.20B
BA
Boeing Co
7.61% -47.50% -47.77% -9.14%
95.97B
CAT
Caterpillar Inc
1.54% -6.49% 15.24% -6.02%
73.06B
DHR
Danaher Corp
0.79% 34.14% 49.32% -3.42%
145.71B
GE
General Electric Co
5.44% -42.50% -32.04% -1.87%
56.02B
HON
Honeywell International Inc
3.84% -11.25% -2.89% -3.02%
108.85B
LMT
Lockheed Martin Corp
1.75% 0.29% 7.00% -13.46%
107.80B
UPS
United Parcel Service Inc
9.90% 36.82% 41.02% -1.27%
135.46B
View All Stocks
Real Estate Majors Review
Benchmark:
Real Estate Select Sector SPDR®
Week %
0.66%
YTD %
-4.13%
1Y %
-0.40%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BXP
Boston Properties Inc
1.07% -33.28% -27.36% -11.26%
14.01B
BAM
Brookfield Asset Management Inc
-0.03% -15.56% -0.30% 1.89%
50.84B
BPYU
Brookfield Property REIT Inc
1.98% -32.49% -32.64% -6.67%
661.86M
CBRE
CBRE Group Inc
0.48% -28.18% -14.79% 3.99%
14.76B
EQIX
Equinix Inc
0.79% 36.76% 51.08% -16.32%
70.11B
PLD
Prologis Inc
-0.33% 18.75% 33.12% -14.22%
77.62B
SPG
Simon Property Group Inc
-0.26% -56.72% -56.82% -11.10%
19.01B
VTR
Ventas Inc
8.24% -25.06% -37.43% -20.06%
15.49B
View All Stocks
Energy Majors Review
Benchmark:
Energy Select Sector SPDR® ETF
Week %
3.19%
YTD %
-35.78%
1Y %
-30.34%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BP
BP PLC
4.26% -36.43% -34.03% 11.53%
77.61B
CVX
Chevron Corp
3.41% -26.11% -23.72% -0.71%
162.08B
COP
ConocoPhillips
2.43% -39.48% -25.62% -2.30%
41.08B
XOM
Exxon Mobil Corp
3.23% -35.60% -34.67% -6.36%
183.67B
HAL
Halliburton Co
3.91% -38.25% -21.71% -4.45%
13.08B
PBR
Petroleo Brasileiro SA Petrobras
-0.58% -45.39% -37.84% 0.48%
56.22B
PSX
Phillips 66
1.37% -42.28% -32.82% -0.52%
27.46B
SU
Suncor Energy Inc
2.66% -49.61% -39.95% -0.01%
24.68B
View All Stocks
Healthcare Majors Review
Benchmark:
Health Care Select Sector SPDR® ETF
Week %
0.83%
YTD %
5.45%
1Y %
21.00%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
ABBV
AbbVie Inc
-2.10% 9.17% 52.13% -1.53%
163.99B
AMGN
Amgen Inc
-1.63% 1.23% 34.82% -7.09%
140.97B
JNJ
Johnson & Johnson
1.95% 3.25% 17.34% -8.31%
391.24B
MRK
Merck & Co Inc
0.97% -9.49% -0.97% -5.15%
204.92B
NVS
Novartis AG
0.94% -9.21% -3.19% -0.13%
189.78B
PFE
Pfizer Inc
-0.08% 1.14% 9.39% -3.17%
213.66B
UNH
UnitedHealth Group Inc
4.71% 8.73% 30.81% -3.07%
301.28B
View All Stocks
Consumer Defensive Majors Review
Benchmark:
Consumer Staples Select Sector SPDR® ETF
Week %
1.29%
YTD %
2.23%
1Y %
10.87%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
KO
Coca-Cola Co
1.19% -12.13% -7.18% -7.36%
205.32B
MDLZ
Mondelez International Inc
0.20% 2.08% 6.34% -1.50%
79.42B
PEP
PepsiCo Inc
-0.67% 1.53% 10.12% -7.36%
189.33B
PM
Philip Morris International Inc
0.90% -5.67% 1.64% -7.91%
120.69B
PG
Procter & Gamble Co
1.85% 8.95% 18.55% -4.83%
332.02B
TGT
Target Corp
4.66% 3.89% 62.66% -12.17%
65.88B
KHC
The Kraft Heinz Co
3.00% 13.89% 21.98% -4.14%
43.29B
WMT
Walmart Inc
0.44% 10.35% 22.33% -4.97%
368.07B
View All Stocks
Consumer Cyclical Majors Review
Benchmark:
Consumer Discret Sel Sect SPDR® ETF
Week %
2.47%
YTD %
12.73%
1Y %
21.49%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BABA
Alibaba Group Holding Ltd
0.43% 18.86% 58.38% -2.23%
681.85B
AMZN
Amazon.com Inc
0.09% 71.41% 76.62% 0.51%
1.587T
MCD
McDonald's Corp
5.31% 4.90% -3.27% -4.60%
152.13B
NKE
Nike Inc
4.35% 1.07% 26.63% -6.96%
158.89B
SBUX
Starbucks Corp
-0.43% -12.45% -18.77% -3.21%
88.60B
HD
The Home Depot Inc
2.32% 26.01% 34.01% -12.70%
292.16B
DIS
The Walt Disney Co
11.11% -10.16% -3.08% 10.52%
234.79B
TJX
TJX Companies Inc
6.66% -8.86% 7.57% -4.02%
66.42B
View All Stocks
Utilities Majors Review
Benchmark:
Utilities Select Sector SPDR® ETF
Week %
1.08%
YTD %
-3.05%
1Y %
5.72%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
D
Dominion Energy Inc
-0.51% -0.44% 13.36% -7.22%
67.73B
DTE
DTE Energy Co
2.79% -6.63% -3.93% -10.64%
22.90B
DUK
Duke Energy Corp
2.21% -3.05% 1.67% -6.42%
63.65B
ETR
Entergy Corp
-0.44% -11.13% 1.32% -14.72%
20.96B
NGG
National Grid PLC
0.15% -2.37% 21.24% -12.87%
41.61B
NEE
NextEra Energy Inc
2.52% 20.14% 38.18% -5.08%
140.91B
SO
Southern Co
0.15% -12.32% -0.75% -12.31%
57.76B
WEC
WEC Energy Group Inc
-0.93% 3.73% 9.85% -11.43%
29.77B
View All Stocks
Basic Materials Majors Review
Benchmark:
Materials Select Sector SPDR® ETF
Week %
2.24%
YTD %
1.73%
1Y %
10.59%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
AA
Alcoa Corp
12.85% -31.80% -25.08% -0.61%
2.728B
MT
ArcelorMittal SA
7.20% -32.95% -16.36% -8.04%
12.85B
DD
DuPont de Nemours Inc
4.47% -11.38% -18.09% -4.12%
41.00B
ECL
Ecolab Inc
4.18% 1.51% -1.66% 2.42%
55.62B
NTR
Nutrien Ltd
8.87% -23.88% -28.17% 5.45%
20.19B
RIO
Rio Tinto PLC
-0.15% 7.82% 29.32% 4.74%
75.99B
SHW
Sherwin-Williams Co
1.36% 13.10% 29.18% -0.16%
59.79B
VALE
Vale SA
-4.12% -15.45% -1.61% 8.25%
57.25B
View All Stocks