The yield of the 10-year bond stabilized and dropped a bit this week closing at 1.674% and pressure on some of the Communication sector stocks tempered gains this week closing the week up according to all of the major indexes but 2 sectors ended the week down from last week.

All 3 major indexes were up for the week ended 2021-03-26. The Dow Jones Industrial average ended the week at 33,073 an increase of 1.4%. The broader S&P 500 index ended the week at 3,975 an increase of 1.6%. The Nasdaq 100 ended the week at 12,979 an increase of 0.9%. The average change for the major averages was up 1.27%.

With all three indexes up this week, they all increased their YTD tallys with the Dow Jones Industrial continuing to lead the indexes with an 8.1% increase, the S&P 500 closed the week up 5.8% for the year and the Nasdaq stayed positive, up 0.7% for the year.

Investment Style View

If you are a dividend investor, dividend stocks increased in the last week by 0.4%, with the iShares Dividend price climbing from $114.11 to $114.59.

In the latest week, large cap stocks outpaced both small cap and mid cap stocks. Large cap stocks increased by 1.0% for the week while mid-cap stocks decreased by 0.8% and small-cap stocks decreased by 2.4%.

In order for us to monitor the performance difference between growth and value stocks, we look at the different capitalization levels (large, mid and small cap). In the latest week, there was a mixture in performance between growth and value stocks based on the capitalization of the underlying companies. Large-cap value stocks outperformed large-cap growth stocks this week 1.4% vs. 0.6%. Mid-cap growth stocks outperformed Mid-cap value stocks this week 0.3% vs. -0.3%. Small-cap value stocks outperformed Small-cap growth stocks this week -1.3% vs. -1.7%.

Sector View

There was a mix in sector performance this week with two sectors declining for the week and the other 9 notching gains.

The two sectors that lost ground this week were; the Communication Services sector with dropped 3.58% for the week and the Consumer Discretionary sector declined by 0.62%

The top performing sectors for the week were; Consumer Staples (+3.42%), Real Estate (+2.97%), Utilities (+2.74%) and the Energy sector (+2.4%)

Be sure to check our yearly sector charts in the navigation on the right (desktop) or below (on your phone). We will also launch comparison charts in these pages this week (vs S&P 500) and will launch several sector comparison pages as well.



Winners/Losers This Week

Biggest gainers for each Index:

  • S&P 500: KSU - Kansas City Southern - LastClose: $253.62 - Prev Close: $224.16 - Change: 13.14%
  • Dow: CSCO - Cisco Systems Inc - LastClose: $52.57 - Prev Close: $48.98 - Change: 7.33%
  • Nasdaq: ASML - ASML Holding N.V. New York Registry Shares - LastClose: $625.67 - Prev Close: $547.42 - Change: 14.29%

Biggest losses for each Index:

  • S&P 500: ViacomCBS - LastClose: $48.23 - Prev Close: $97.35 - Change: -50.46%
  • Dow: GS - Goldman Sachs Group Inc - LastClose: $327.39 - Prev Close: $344.20 - Change: -4.88%
  • Nasdaq: BIDU - Baidu, Inc. ADS - LastClose: $208.61 - Prev Close: $257.47 - Change: -18.98%


Earnings Roundup

Earnings season is starting to slow down with fewer big names releasing quarterly earnings. This week had 312 earnings reports. Below are a few of the larger ones:

  • Adobe Inc. (ADBE) announced earnings after the market close on 2021-03-23. Earnings came in at $3.14 the analyst consensus was $2.79, a difference of $0.35 per share. Revenue estimates were $3,770M but came in at $3,905M, a difference of $135M. Shares closed the prior day at $460.20 a share and closed the day at $451.51 a decline of -1.9%.
  • General Mills, Inc. (GIS) announced earnings after the market close on 2021-03-24. Earnings came in at $0.82 the analyst consensus was $0.84, a difference of $-0.02 per share. Revenue estimates were $4,460M but came in at $4,520M, a difference of $60M. Shares closed the prior day at $61.19 a share and closed the day at $58.62 a decline of -4.2%.
  • Ihs Markit Ltd. (INFO) announced earnings after the market close on 2021-03-23. Earnings came in at $0.71 the analyst consensus was $0.70, a difference of $0.01 per share. Revenue estimates were $1,109M but came in at $1,120M, a difference of $11M. Shares closed the prior day at $94.61 a share and closed the day at $94.94 an increase of 0.3%.
  • Tencent Music Entertainment. (TME) announced earnings after the market close on 2021-03-22. Earnings came in at $0.12 the analyst consensus was $0.12, a difference of $0.00 per share. Revenue estimates were $1,243M but came in at $1,277M, a difference of $34M. Shares closed the prior day at $30.87 a share and closed the day at $31.79 an increase of 3.0%.


Dividend Payments

Here are some of the bigger dividend yields reported this week:

  • British American Tobacco Industries (BTI) paid a dividend of $0.74 on 2021-03-25. The stock closed at $38.71 giving an estimated yield of 7.7%
  • Redwood Trust (RWT) paid a dividend of $0.16 on 2021-03-23. The stock closed at $10.15 giving an estimated yield of 6.3%.
  • Ltc Properties (LTC) paid a dividend of $0.19 on 2021-03-22. The stock closed at $42.43 giving an estimated yield of 5.4%.
  • Pearson Plc (PSO) paid a dividend of $0.19 on 2021-03-25. The stock closed at $10.7 giving an estimated yield of 3.5%.

  • International Markets

    Below are moves in overseas markets this week:

  • Nikkei: -2.1% for the week, +6.3% YTD
  • Shanghai: +0.4%, -1.6%
  • DAX: +0.9%, +7.5%
  • FTSE: +0.5%, +2.8%
  • CAC: -0.2%, +7.9%
  • The Week Ahead

    Big Economic and other data {or big events} being reported this week are:

    • Monday: The Federal Reserve Bank of Dallas releases its Texas Manufacturing Outlook for March with an estimated reading of 12.3 after February's reading of 17.2
    • Tuesday: S&P releases its Case-Schiller Home Price index for January with an 11% jump forecasted after a 10.1% increase in December.
    • Wednesday: The National Association of Realtors reports on pending home sales with an expected 3% decline from February after a 2.8% dip in January.
    • Thursday: The Census Bureau releases its construction spending report for February with an expected decline of 0.8%.
    • Friday: The BLS releases its March jobs report with an expected gain of 525,000 nonfarm jobs after the 379,000 gain in February.

    Earnings season continues this week with the following companies reporting this week:

    • Monday:
    • Tuesday: Chewy, LuluLemon Athletica, McCormick
    • Wednesday: Micron Technology, Walgreen Boots Alliance
    • Thursday: CarMax
    • Friday:

    Authors Note: Please note, the writer currently owns no individual stocks.

    About the Writer

    This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.