- Vanguard Mortgage-Backed Securities ETF gains 0.35% as the top gainer; currently at $46
- Top laggard iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF gave up 1 cents, or 0.04% yesterday
- CAC added 1.19% to trade at 7,400.
Ahead of Monday's session: leading equity indices in the US rose as S&P 500 closed the day at 4,450.38, having gained 1.23%. Nasdaq gained 1.45% and closed at 13,800.
US markets are now currently closed and set to reopen Monday; meanwhile, European markets closed higher yesterday whilst CAC added 1.19% to trade at 7,400. Upbeat Asia-Pacific markets ended yesterday higher as KOSPI Composite Index is up by 0.56%, hitting 2,564.28.
On a negative note, the market received some disappointing news as Pending Home Sales in United States fell short of market expectations (-0.5%) with a reading of -2.7%, continuing the decline from the previous figure of -0.4%.
Today's rise takes place amid mixed market indicators — United States Core PCE Price Index (YoY) (May) released yesterday at 12:30 UTC with a figure of 4.6, while the previous figure was 4.7. United States Core PCE Price Index (MoM) (May) came out at 0.3, while a consensus of analysts was expecting 0.3.
Furthermore, the market is looking at United States ISM Manufacturing PMI (Jun) will be released Monday.
While most assets did well yesterday, some did better than others as Vanguard Mortgage-Backed Securities ETF trades at $46 having gained 0.35%. ETFMG Sit Ultra Short ETF (up 0.165%) is also performing well.
Yesterday's bullishness contained stragglers as iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed at $25.35 having dropped 0.04%.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF has been pretty quiet for the last a month, trading mostly flat and moving by only 0.02 cents on average.
ETFMG Sit Ultra Short ETF | Up 0.17% to $48.49 yesterday
- After hitting an important low of $47.64 approximately 7 months ago, ETFMG Sit Ultra Short ETF has bounced back 1.62% since.
- Shareholders to attain annual dividend yield of 1.8% this year
ETFMG Sit Ultra Short ETF hit a significant low of $47.64 around 7 months ago, but has since recovered 1.62%.