Clarksville, TN – Next week, the ISM Manufacturing Index is expected to be the highlight, although the December figures can be exaggerated by the seasonal adjustment.
Market participants are likely to look ahead to the Employment Report.
Indices
Last | Last Week | YTD return % | |
DJIA | 16479.88 | 16179.08 | 25.76% |
NASDAQ | 4167.18 | 4058.135 | 38.01% |
S&P 500 | 1842.02 | 1809.6 | 29.16% |
MSCI EAFE | 1885.14 | 1855.14 | 17.53% |
Russell 2000 | 1162.65 | 1125.45 | 36.89% |
Consumer Money Rates
Last | 1-year ago | |
Prime Rate | 3.25 | 3.25 |
Fed Funds | 0.08 | 0.18 |
30-year mortgage | 4.59 | 3.37 |
Currencies
Last | 1-year ago | |
Dollars per British Pound | 1.641 | 1.612 |
Dollars per Euro | 1.369 | 1.322 |
Japanese Yen per Dollar | 104.710 | 85.560 |
Canadian Dollars per Dollar | 1.065 | 0.995 |
Mexican Peso per Dollar | 13.054 | 13.028 |
Commodities
Last | 1-year ago | |
Crude Oil | 99.55 | 90.98 |
Gold | 1211.60 | 1660.85 |
Bond Rates
Last | 1-month ago | |
2-year treasury | 0.40 | 0.28 |
10-year treasury | 3.00 | 2.75 |
10-year municipal (TEY) | 4.25 | 4.34 |
Treasury Yield Curve – 12/27/2013
S&P Sector Performance (YTD) – 12/27/2013
Economic Calendar
December 30th |
— |
Pending Home Sales Index (November) |
December 31st |
— |
Chicago Purchasing Managers Index (December) Consumer Confidence (December) |
January 1st |
— |
New Year’s Day (markets closed) |
January 2nd |
— |
Jobless Claims (week ending December 28th) ISM Manufacturing Index (December) |
January 3rd |
— |
Motor Vehicle Sales (December) |
January 6th |
— |
ISM Non-Manufacturing Index (December) |
January 8th |
— |
ADP Payroll Estimate (December) |
January 10th |
— |
Employment Report (December) |
January 20th |
— |
MLK, Jr. Holiday (markets closed) |
January 29th |
— |
FOMC Policy Decision, no press briefing |
Important Disclosures
US government bonds and treasury bills are guaranteed by the US government and, if held to maturity, offer a fixed rate of return and guaranteed principal value. US government bonds are issued and guaranteed as to the timely payment of principal and interest by the federal government. Treasury bills are certificates reflecting short-term (less than one year) obligations of the US government.
Commodities trading is generally considered speculative because of the significant potential for investment loss. Markets for commodities are likely to be volatile and there may be sharp price fluctuations even during periods when prices overall are rising. Specific sector investing can be subject to different and greater risks than more diversified investments.
Tax Equiv Muni yields (TEY) assume a 35% tax rate on triple-A rated, tax-exempt insured revenue bonds.
Material prepared by Raymond James for use by its financial advisors.
The information contained herein has been obtained from sources considered reliable, but we do not guarantee that the foregoing material is accurate or complete. Data source: Bloomberg, as of close of business December 26th, 2013.
©2013 Raymond James Financial Services, Inc. member FINRA / SIPC.