- Top laggard iShares 1-3 Year Treasury Bond ETF gave up 20 cents, or 0.24% today IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day today (down 0.039%).
- FTSE ascends to 7,778.38 (up 0.98%).
Ahead of Monday's session: leading equity indices in the US rose as Dow Jones ended the session at 33,674 after a 1.65% gain. S&P 500 ended the session at 4,136.25 after a 1.85% gain.
US markets are set to open Monday in around 2 days. In the meantime, upbeat European markets ended today higher as FTSE ascends by 0.98%, reaching 7,778.38. Asia-Pacific markets closed higher today whilst ASX 200 is up by 0.37%, hitting 7,220.
In a good day for both US indices and US yields, investor attention turned toward a hawkish Fed. The yield on one month US government debt rose to 5.76%. Rising yields could potentially push the Federal Reserve towards a more hawkish monetary policy stance in the immediate term.
Kellogg Co and GoDaddy Inc. have released their earnings reports with Nova Ltd. & Charles River Laboratories International, Inc. are set to publish their respective reports as scheduled.
Uptick coincides with some positive signs published earlier as highly important Average Hourly Earnings data from United States beat analyst expectations of 0.3% with a reading of 0.5%. Data for United States Non Farm Payrolls published today at 12:30 UTC came out at 253,000, beating projections of 180,000 and showing improvement over the preceding figure of 165,000. Highly important Unemployment Rate data from United States beat analyst expectations of 3.6 with a reading of 3.4.
While most assets did well today, some did better than others as SPDR S&P Regional Banking ETF trades at $38.35 having gained 6.29%.
Today's bullishness contained stragglers as iShares 1-3 Year Treasury Bond ETF closed at $82.21 having dropped 0.24%. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day today (down 0.039%).
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended today's session at $25.35
With around a month of flat trade under its belt, Pointing in a similar direction, today's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 today.
IShares 1-3 Year Treasury Bond ETF | Closed 20 cents (-0.24%) lower at $82.21
A tough session dominated by bearish sentiment left SHY 20 cents lower, while setting a $82.17 to $82.28 session range. The fund disclosed a quarterly dividend of 19.1 cents per share on Friday, April 28th and was paid on Friday, May 5th — thereby generating a yield of 0.929% for all eligble investors.