Domestic Stocks Dive, Energy Bounces Back
(MONEY Magazine) – Among market benchmarks, all domestic-stock indexes fell for the third straight month, while the Morgan Stanley EAFE index, which tracks more than 1,000 European, Asian and Australian companies, gained 3.6%. Energy jumped to the top-performing spot with an 8.3% gain after suffering the steepest losses among the S&P sectors in June. Shares of the widely held oil giant ExxonMobil rose 11.4% in July, thanks to nearly record-setting quarterly earnings.
S&P 500 SECTOR AVERAGES
S&P 500 RATIOS
P/E 17.5 DIVIDEND YIELD 1.93
HIGHEST-YIELDING DOW STOCKS
MOST WIDELY HELD STOCKS
NOTES AND SOURCES: Unless otherwise noted, data as of July 27 from Lipper, New York; 877-955-4773. Index levels from Bloomberg. Bond index data from Lehman Brothers. Stock data from Thomson/Baseline. Monthly S&P 500 ratios from Standard & Poor's. Ratios are based on previous four quarters of earnings. Top-Performing Stocks limited to companies with market capitalization of at least $500 million. Most Widely Held Stocks ranked by largest accounts at Merrill Lynch.  Annualized.  Price change only.