Pulse

Market Recap
Week of Jan. 11 through Jan. 15, 2021

The S&P 500 index fell 1.5% last week as declines in a number of sectors led by communication services and technology outweighed energy-led gains.

The market benchmark ended Friday's session at 3,768.25, down from last Friday's record-high closing level of 3,824.68. Still, the S&P 500 remains up for the year and month to date with a gain of 0.3% since Dec. 31 as this week's decline only erased part of last week's advance.

Communication services had the largest percentage drop of the week, down 3.3%, followed by technology, down 2.6%. Other sectors down by more than 1% included consumer staples, consumer discretionary and materials.

However, the overall market drop this week was reduced by a 3.2% jump in the energy sector, a 1.9% rise in real estate and a 1.1% increase in utilities. Financials eked out an increase of 0.06%.

The activity came as investors reflected on the turmoil of last week's riot at the US Capitol and traded cautiously while assessing the fallout, which included an impeachment of US President Donald Trump for inciting the riot. Shares of social media companies were among the week's hardest-hit stocks after the companies banned Trump from making posts on their platforms.

Market participants were also keeping an eye on the rollout of COVID-19 vaccines, which have been moving at a slower pace than expected, at a time when case and hospital counts are still climbing. Economic data continue to show the continued impact of the pandemic, with the latest weekly jobless claims rising by more than economists expected to their highest level in more than four months.

The cautious trading this week also came as investors are watching for the pandemic's impacts on corporate earnings as US companies begin releasing their fourth-quarter results. Friday, big banks JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) all reported year-over-year declines in Q4 revenue at their consumer banks, yet their earnings for the quarter came in above expectations.

The decliners in communication services included shares of Twitter (TWTR) and Facebook (FB) after the social media companies suspended Trump's accounts on their platforms. Shares of Twitter fell 12.2% on the week while Facebook shares dropped 6.1%.

In the technology sector, shares of Automatic Data Processing (ADP) fell 5.8% as Evercore ISI downgraded its investment rating on the stock to underperform from outperform while cutting its price target on the shares to $143 from $197. The company provides payroll and other human resource services and thus drops in employment levels tend to weigh on its results.

On the upside, the energy sector jumped amid a climb in crude oil futures as the Organization of the Petroleum Exporting Countries left its 2021 demand forecast unchanged. Among the gainers, shares of Occidental Petroleum (OXY) added 11.5% as Barclays raised its price target on the stock to $23 from $18 while keeping its investment rating at equal weight.

Next week, the earnings calendar will feature more financial companies including Bank of America (BAC) and Goldman Sachs (GS) Tuesday while other heavyweights reporting will include Alcoa (AA) and Procter & Gamble (PG) Wednesday, and Intel (INTC) and Union Pacific (UNP) Thursday.

On the economic calendar, data will be light earlier in the week amid the Martin Luther King Jr. holiday Monday and leading up to the Wednesday inauguration of Joe Biden as the new US president. Weekly jobless claims, housing starts and building permits will be among Thursday's data, followed by December existing home sales and Markit's January readings on the manufacturing and services sectors due Friday.

Provided by MT Newswires.

Major US Indicators Events Calendar
Jan. 18 through Jan. 24, 2021
Indicator Name
Latest Value
Next Release
Next Release Time (ET)
Frequency
1 Release Ago
2 Release Ago
3 Release Ago
US Initial Claims for Unemployment Insurance
965000.0
01/21/2021
8:30 AM
Weekly
23.09%
0.26%
-2.98%
US Housing Starts
1.547M
01/21/2021
8:30 AM
Monthly
1.24%
6.33%
4.66%
30 Year Mortgage Rate
2.65%
01/21/2021
10:00 AM
Weekly
-0.75%
0.38%
-0.37%
US Existing Home Sales
6.69M
01/22/2021
10:00 AM
Monthly
-2.48%
4.41%
9.87%
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
11/30/20
1.547M 1.528M
1.373M
1.371M
1.24%
12.67%
12.84%
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 %
-1.46%
YTD %
0.39%
1Y %
16.66%
Passive Week % YTD % 1Y%
Invesco QQQ Trust
-2.25% -0.60% 42.66%
SPDR® S&P 500 ETF Trust
-1.46% 0.49% 16.66%
Vanguard Dividend Appreciation ETF
-1.47% -0.30% 12.95%
Vanguard Institutional Index I
-1.46% 0.39% 16.65%
Vanguard Mid-Cap ETF
-0.27% 2.77% 19.11%
Vanguard Small-Cap ETF
0.79% 5.49% 24.04%
Vanguard Total Stock Market ETF
-1.10% 1.24% 20.12%
iShares Russell 2000 ETF
1.46% 7.49% 27.71%
Active Week % YTD % 1Y%
American Funds Growth Fund of Amer A
-1.92% 1.18% 35.42%
American Funds Washington Mutual A
-0.62% 1.49% 8.16%
Dodge & Cox Stock
0.31% 5.22% 10.77%
Fidelity® Contrafund®
-2.13% -1.25% 26.15%
MFS Value I
-0.78% 1.60% 4.65%
T. Rowe Price Mid-Cap Growth
-0.94% 2.26% 24.61%
Vanguard Dividend Growth Inv
-1.80% -1.26% 8.48%
Vanguard Windsor™ II Admiral™
-0.62% 2.64% 15.77%
View All Funds
International Equity Major Funds Review
Benchmark:
MSCI ACWI Ex USA Total Return
Week %
-0.83%
YTD %
2.88%
1Y %
13.19%
Passive Week % YTD % 1Y%
Vanguard FTSE Developed Markets ETF
-1.87% 2.14% 11.46%
Vanguard FTSE Europe ETF
-2.44% 1.68% 7.29%
Vanguard Total International Stock ETF
-1.48% 2.81% 12.85%
iShares MSCI EAFE ETF
-1.76% 1.97% 9.02%
iShares MSCI Emerging Markets ETF
-0.66% 5.19% 20.92%
iShares MSCI Eurozone ETF
-3.06% 0.73% 8.31%
iShares MSCI Japan ETF
-0.82% 1.72% 16.56%
Active Week % YTD % 1Y%
American Funds Capital World Gr&Inc A
-0.87% 1.72% 15.76%
American Funds Europacific Growth R6
-0.88% 1.85% 25.66%
American Funds New Perspective A
-1.91% 2.03% 32.92%
Franklin Mutual Global Discovery A
0.14% 3.70% -1.89%
Harbor International Institutional
-2.35% 1.68% 12.70%
Invesco Developing Markets Y
-0.31% 2.88% 18.07%
MFS International Intrinsic Value I
-1.89% -0.20% 18.93%
Oakmark International Investor
-1.29% 2.26% 7.98%
View All Funds
US Fixed Income Major Funds Review
Benchmark:
Bloomberg Barclays US Aggregate
Week %
0.19%
YTD %
-0.76%
1Y %
6.00%
Passive Week % YTD % 1Y%
SPDR® Blmbg Barclays High Yield Bd ETF
-0.30% -0.23% 4.11%
Vanguard Interm-Term Bond ETF
0.13% -0.81% 7.93%
Vanguard Interm-Term Corp Bd ETF
0.18% -0.72% 7.97%
Vanguard Short-Term Bond ETF
0.05% -0.17% 4.36%
Vanguard Total Bond Market ETF
0.09% -0.95% 5.99%
iShares Core US Aggregate Bond ETF
0.15% -0.80% 5.86%
iShares TIPS Bond ETF
0.30% -0.38% 9.56%
iShares iBoxx $ High Yield Corp Bd ETF
-0.30% -0.22% 3.71%
iShares iBoxx $ Invmt Grade Corp Bd ETF
0.28% -1.44% 8.64%
Active Week % YTD % 1Y%
Dodge & Cox Income
0.07% -0.55% 8.16%
DoubleLine Total Return Bond N
0.28% -0.09% 3.08%
Lord Abbett Short Duration Income F
0.05% 0.10% 3.02%
Metropolitan West Total Return Bd I
0.11% -0.67% 7.61%
PIMCO Income Instl
0.26% 0.01% 5.16%
PIMCO Total Return Instl
0.24% -0.57% 7.42%
T. Rowe Price New Income
0.24% -0.43% 4.54%
View All Funds
Indices > S&P 500 Events Calendar
Jan. 18 through Jan. 24, 2021
Earnings Next Earnings Report
Estimate
BAC
Bank of America Corp
01/19/21
0.5394
NFLX
Netflix Inc
01/19/21
1.406
UNH
UnitedHealth Group Inc
01/20/21
2.383
PG
Procter & Gamble Co
01/20/21
1.506
MS
Morgan Stanley
01/20/21
1.280
INTC
Intel Corp
01/21/21
1.108
UNP
Union Pacific Corp
01/21/21
2.234
JNJ
Johnson & Johnson
01/22/21
1.838
Dividends Ex-Date Amount Price
LOW
Lowe's Companies Inc
01/19/21 0.60 171.34
CAT
Caterpillar Inc
01/19/21 1.03 194.62
ZTS
Zoetis Inc
01/19/21 0.25 161.56
WST
West Pharmaceutical Services Inc
01/19/21 0.17 299.41
PG
Procter & Gamble Co
01/21/21 0.7907 134.78
CVS
CVS Health Corp
01/21/21 0.50 76.26
COO
The Cooper Companies Inc
01/21/21 0.03 376.89
CL
Colgate-Palmolive Co
01/22/21 0.44 81.88
View All Stock Events
Technology Majors Review
Benchmark:
Technology Select Sector SPDR® ETF
Week %
-2.55%
YTD %
-2.00%
1Y %
35.54%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
GOOG
Alphabet Inc
-3.93% -0.90% 20.64% -1.24%
1.174T
AAPL
Apple Inc
-3.72% -4.18% 64.76% -0.87%
2.139T
CSCO
Cisco Systems Inc
0.82% 2.35% -2.08% 1.15%
191.97B
FB
Facebook Inc
-6.06% -7.98% 13.66% 11.52%
715.95B
IBM
International Business Machines Corp
-0.11% 1.99% -1.12% 5.72%
114.40B
MSFT
Microsoft Corp
-3.17% -4.39% 31.70% 0.49%
1.608T
ORCL
Oracle Corp
-2.52% -4.13% 14.70% -5.38%
181.88B
QCOM
Qualcomm Inc
0.29% 3.12% 79.59% -2.23%
177.67B
View All Stocks
Financial Services Majors Review
Benchmark:
Financial Select Sector SPDR® ETF
Week %
0.06%
YTD %
4.95%
1Y %
3.57%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BAC
Bank of America Corp
1.48% 8.91% -2.22% 1.73%
285.56B
BRK.B
Berkshire Hathaway Inc
-0.23% 0.70% 2.25% 1.50%
547.47B
C
Citigroup Inc
-1.74% 4.17% -17.68% 1.65%
133.72B
GS
Goldman Sachs Group Inc
3.77% 14.14% 25.74% 7.28%
103.57B
JPM
JPMorgan Chase & Co
1.93% 9.89% 5.17% 9.94%
422.60B
MA
Mastercard Inc
-8.64% -9.32% 3.41% 12.47%
322.27B
V
Visa Inc
-6.43% -7.84% 1.52% 3.77%
444.39B
WFC
Wells Fargo & Co
-3.46% 6.16% -31.04% 8.47%
132.47B
View All Stocks
Industrials Majors Review
Benchmark:
Industrial Select Sector SPDR® ETF
Week %
-0.87%
YTD %
0.32%
1Y %
8.51%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
MMM
3M Co
-0.64% -5.29% -4.47% -2.01%
95.49B
BA
Boeing Co
-2.66% -4.55% -37.68% -4.82%
115.34B
CAT
Caterpillar Inc
0.19% 6.92% 37.68% 3.61%
105.73B
DHR
Danaher Corp
-2.77% 6.58% 47.83% -3.28%
168.18B
GE
General Electric Co
-0.09% 4.91% -4.06% -4.35%
99.25B
HON
Honeywell International Inc
-1.93% -3.16% 16.62% -1.87%
144.53B
LMT
Lockheed Martin Corp
3.32% -2.17% -15.34% 9.53%
97.16B
UPS
United Parcel Service Inc
0.32% -5.64% 39.27% 1.02%
137.35B
View All Stocks
Real Estate Majors Review
Benchmark:
Real Estate Select Sector SPDR®
Week %
1.91%
YTD %
-0.60%
1Y %
-3.99%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BXP
Boston Properties Inc
5.68% 0.66% -27.61% -1.64%
14.81B
BAM
Brookfield Asset Management Inc
-1.22% -6.13% -3.02% 1.11%
58.48B
BPYU
Brookfield Property REIT Inc
1.06% 15.19% -0.11% 6.14%
673.42M
CBRE
CBRE Group Inc
1.40% 1.28% 5.18% -2.80%
21.31B
EQIX
Equinix Inc
2.21% -0.90% 22.58% -8.25%
63.06B
PLD
Prologis Inc
1.12% -1.99% 8.61% -0.14%
72.21B
SPG
Simon Property Group Inc
7.53% 9.05% -32.20% -0.52%
30.52B
VTR
Ventas Inc
3.90% -0.12% -9.76% -1.27%
18.35B
View All Stocks
Energy Majors Review
Benchmark:
Energy Select Sector SPDR® ETF
Week %
3.21%
YTD %
12.80%
1Y %
-23.06%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BP
BP PLC
-0.57% 18.23% -32.37% 0.25%
82.26B
CVX
Chevron Corp
1.11% 9.05% -16.23% 1.77%
177.27B
COP
ConocoPhillips
0.94% 12.83% -27.76% 3.95%
48.19B
XOM
Exxon Mobil Corp
5.35% 16.18% -25.15% 3.63%
202.49B
HAL
Halliburton Co
3.08% 9.74% -10.22% 2.83%
18.33B
PBR
Petroleo Brasileiro SA Petrobras
-6.76% -2.94% -25.93% 1.73%
71.09B
PSX
Phillips 66
1.46% 2.57% -28.01% -3.85%
31.34B
SU
Suncor Energy Inc
-0.81% 9.24% -44.28% -2.44%
27.96B
View All Stocks
Healthcare Majors Review
Benchmark:
Health Care Select Sector SPDR® ETF
Week %
-0.36%
YTD %
3.11%
1Y %
14.52%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
ABBV
AbbVie Inc
4.23% 4.35% 30.34% -2.27%
195.12B
AMGN
Amgen Inc
2.94% 6.77% 4.36% -4.73%
142.92B
JNJ
Johnson & Johnson
0.16% 1.86% 12.03% -2.41%
422.00B
MRK
Merck & Co Inc
0.42% 1.93% -6.03% 4.17%
210.95B
NVS
Novartis AG
1.69% 1.27% 4.82% -5.16%
217.51B
PFE
Pfizer Inc
-1.16% -0.30% -0.57% -5.86%
203.99B
UNH
UnitedHealth Group Inc
-3.33% 0.18% 20.42% -3.15%
333.32B
View All Stocks
Consumer Defensive Majors Review
Benchmark:
Consumer Staples Select Sector SPDR® ETF
Week %
-1.90%
YTD %
-2.70%
1Y %
6.23%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
KO
Coca-Cola Co
-4.66% -11.20% -11.20% 3.67%
209.29B
MDLZ
Mondelez International Inc
-1.67% -2.14% 6.87% 4.92%
81.83B
PEP
PepsiCo Inc
-1.94% -4.66% 4.57% 4.57%
195.39B
PM
Philip Morris International Inc
-2.59% -2.23% -2.17% 0.89%
126.05B
PG
Procter & Gamble Co
-2.89% -3.13% 9.64% -2.34%
332.83B
TGT
Target Corp
0.62% 10.35% 69.87% 0.41%
97.55B
KHC
The Kraft Heinz Co
-4.85% -7.70% 7.12% 11.72%
39.11B
WMT
Walmart Inc
-1.36% 0.34% 27.58% 2.96%
409.23B
View All Stocks
Consumer Cyclical Majors Review
Benchmark:
Consumer Discret Sel Sect SPDR® ETF
Week %
-1.77%
YTD %
3.12%
1Y %
32.63%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
BABA
Alibaba Group Holding Ltd
3.08% 4.61% 8.18% 6.10%
658.71B
AMZN
Amazon.com Inc
-2.46% -4.69% 66.71% -0.19%
1.558T
MCD
McDonald's Corp
-2.76% -2.18% 2.59% -2.49%
156.41B
NKE
Nike Inc
-3.85% -0.53% 38.19% -2.21%
221.84B
SBUX
Starbucks Corp
-3.16% -4.35% 14.07% 2.27%
120.10B
HD
The Home Depot Inc
2.42% 3.75% 25.65% 3.36%
296.70B
DIS
The Walt Disney Co
-4.06% -5.38% 18.79% -0.30%
310.39B
TJX
TJX Companies Inc
-2.51% 0.25% 11.18% -13.10%
82.20B
View All Stocks
Utilities Majors Review
Benchmark:
Utilities Select Sector SPDR® ETF
Week %
1.06%
YTD %
0.46%
1Y %
-0.91%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
D
Dominion Energy Inc
-1.53% -4.15% -9.39% -4.38%
58.80B
DTE
DTE Energy Co
4.51% 1.74% -2.80% -5.03%
23.91B
DUK
Duke Energy Corp
2.29% 0.60% 3.92% 1.44%
67.79B
ETR
Entergy Corp
-0.25% -4.60% -20.30% 2.08%
19.07B
NGG
National Grid PLC
-0.50% 0.75% 0.48% -13.41%
42.21B
NEE
NextEra Energy Inc
1.12% 6.34% 33.14% 2.72%
160.72B
SO
Southern Co
-3.10% -2.88% -5.04% 0.94%
63.02B
WEC
WEC Energy Group Inc
0.84% -3.63% -4.28% -5.46%
27.98B
View All Stocks
Basic Materials Majors Review
Benchmark:
Materials Select Sector SPDR® ETF
Week %
-1.53%
YTD %
4.08%
1Y %
27.32%
 
Ticker
Company Name
Week % YTD % 1Y% Vol. Trend
Market Cap
AA
Alcoa Corp
-6.84% 1.00% 15.36% -6.28%
4.328B
MT
ArcelorMittal SA
-3.54% 4.59% 46.93% 0.89%
25.33B
DD
DuPont de Nemours Inc
0.67% 15.79% 37.77% 25.23%
60.43B
ECL
Ecolab Inc
-4.95% -2.58% 11.16% -4.43%
60.16B
NTR
Nutrien Ltd
4.36% 11.38% 17.46% 6.94%
30.53B
RIO
Rio Tinto PLC
-7.18% 6.98% 46.79% -5.87%
100.34B
SHW
Sherwin-Williams Co
-0.44% -1.27% 25.22% -3.59%
65.90B
VALE
Vale SA
-6.77% 5.25% 38.37% -9.53%
90.49B
View All Stocks