SWS Daily Market Update - February 4, 2022
The markets were mixed on Friday with the S&P 500 and the Nasdaq Composite both closing with gains, while the Dow Jones Industrial Average ticked down. This was due in part to the U.S. jobs report for January coming in higher than anticipated with 467,000 new jobs gained.
The S&P 500 went up by 0.52% to close at 4500.53. The Nasdaq Composite gained 1.58% to close at 14098.01. The Dow Jones Industrial Average fell by 0.06% to close at 35089.74 on Friday, however it was up overall for the week. All three major indexes ended with weekly gains for the second week in a row.
Nonfarm payrolls (month-to-month) for January came in at 467,000, much higher than economists had predicted at 150,000.
The unemployment rate increased from 3.9% to 4.0% in January.
The Average hourly earnings (month-to-month) came in at 0.7%, up from 0.5% the previous month.
The labor-force participation rate (25-54) was at 82.0% for January.
The SP 500 is up by 0.52% to close at 4500.53. The index is up 1.55% over five days, down 3.77% over one month, down 4.19% over three months and up 15.79% over one year.
The trailing P/E is 25.37 compared to 43.92 one year ago and estimated future P/E 20.05. Dividend yield is currently 1.38 compared with 1.50 one year ago.
Leading stocks were AMZN up 13.54%, NLOK up 8.71%, TTWO up 7.35%, TWTR up 7.13% and LNC up 6.38%.
Trailing stocks were CLX down 14.47%, F down 9.70%, NWL down 8.53%, PHM down 7.76% and STZ down 6.49%.
The Dow Jones industrial Average went down by 0.06% to close at 35089.74. The DOW is up 1.05% over five days, down 3.15% over one month, down 3.41% over three months and up 12.65% over one year.
The trailing P/E is 19.75 compared with 31.13 year ago and an estimated future P/E of 18.68. The current dividend yield is 1.97% compared with 1.95 one year ago.
Leading stocks were CRM up 3.04%, JPM up 2.60%, GS up 2.43%, MSFT up 1.56% and DIS up 1.42%.
Trailing stocks were MMM down 2.23%, WBA down 1.82%, PG down 1.59%, HD down 1.41%, and V down 1.36%.
The NASDAQ composite is up 1.58% and closed at 14098.01. NASDAQ is up 2.38% over five days, down 5.61% over one month, down 11.73% over 3 months and up 1.74% over one year.
Leading stocks were ANY up 31.17%, TRIT up 26.92%, EGAN up 26.82%, IRMD up 23.66% and Anghami Inc. up 22.78%.
Trailing stocks were SKYW down 22.37%, GMVD down 21.80%, VNDA down 17.88%, DUOT down 17.79%, and CTHR down 15.18%.
The MidCap SP400 went down by 0.16% to close at 2623.18. The SP400 is up 1.74% for the past 5 days, down 6.09% for the past month, down 9.70% for the past 3 months and up 5.92% over the past year.
Leading stocks were PCTY up 10.12%, RUN up 8.98% and WWE up 8.16%.
Trailing stocks were NOW down 8.21%, VSAT down 7.41% and KBH down 7.06%
The SmallCap SP600 is up by 0.01% to close at 1283.62. The SP600 is up 0.92% for the past 5 days, down 7.28% for the past month, down 12.43% for the past 3 months and up 2.46% over the past year.
Leading stocks were VIVO up 12.16%, CSII up 10.16% and MANT up 9.30%.
Trailing stocks were SKYW down 22.37%, VNDA down 17.88% and LYLT down 11.23%.
The CBOE VIX is down by 4.64% and closed at 23.22. The VIX is down 16.05% over five days, up 23.77% over one month, up 40.90% over three months and down 11.26% over one year.
On the New York stock exchange 1509 stocks advanced and 1801 declined, while on Nasdaq 2949 advanced and 1667 declined.
There were 67 new 52 week highs and 265 new 52 week lows on NYSE with 45 new highs and 347 new lows on NASDAQ.
The 2 year Treasury note yield is 1.316% and 10 year is 1.913%. The 10-year yield is up 14.2% over five days, up 14.6% over one month, up 46.0% three months ago, and up 74.4% one year ago.
SP500 Sector Performance % Change:
Consumer Discretionary +3.74
Information Technology +0.47
Communication Services +0.14
Health Care -0.41
Consumer Staples -1.20
Real Estate -1.26
Consumer Discretionary has been up 3.94% over five days, down 7.18% over one month, up 12.53% over three months and up 5.08% over one year.
Materials has been down 0.20% over five days, down 6.98% over one month, down 5.35% over three months and up 12.96% over one year.