- IShares MBS ETF was the biggest decliner after giving up 0.7% Friday As things stand, Vanguard Mortgage-Backed Securities ETF (down 0.684%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- European markets are in session with varied performances.
An update of where Friday closed ahead of the next session: leading equity indices in the US declined as Nasdaq closed at 12,300, a 0.35% change. S&P 500 lost 0.16% and ended the session at 4,124.
US markets are currently closed but will resume today in around 7 minutes time. European markets are currently mixed so far this session. Upbeat Asia-Pacific markets ended today higher as Nikkei climbs by 0.81%, reaching 29,626.
National Grid plc & Take-Two Interactive Software Inc due to release their earnings reports within the following week.
While price action maintains a negative bias, United States NY Empire State Manufacturing Index (May) released today at 12:30 UTC with a figure of -31.8, while the previous figure was 10.8.
Looking ahead, ongoing depreciation may be prolonged as Wednesday data for United States Crude Oil Inventories will be released, with an expected decline to -917,000 from the preceding figure of 2.95 million.
In addition, United States Retail Sales is projected to outperform its last figure with 0.7%. It previously stood at -0.6%; data will be released tomorrow at 12:30 UTC. United States Core Retail Sales is projected to outperform its last figure with 0.4%. It previously stood at -0.4%; data will be released tomorrow at 12:30 UTC.
Friday's bearishness meant that iShares MBS ETF lost 0.7% Friday before closing at $94.5. Vanguard Mortgage-Backed Securities ETF (down 0.684%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed Friday.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended Friday's session at $25.35
- With around a month of flat trade under its belt,
Vanguard Mortgage-Backed Securities ETF | Closed Friday's session at $46.48
A tough session dominated by bearish sentiment left VMBS 32 cents lower, while setting a $46.47 to $46.84 session range. The fund disclosed a quarterly dividend of 12.2 cents per share on Thursday, April 27th and was paid on Thursday, May 4th — thereby generating a yield of 1.05% for all eligble investors.