Mullen Automotive was the biggest decliner yesterday after giving up 29.91% As things stand, Innoviz (down 10%) and JD.com (down 6.73%) are underperforming today
European markets are dropping as DAX slips to 16,100 (down 0.55%).

Before today's session begins, here is a reminder of where yesterday's session left us: leading equity indices in the US declined as Dow Jones was down 0.72% before closing the session at 34,054. S&P 500 lost 0.47% and ended the session at 4,388.71.

US markets are currently closed but will resume today in around 6 hours time. European markets are currently lower as trading gets underway. Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index is currently down 0.86% and trading around 2,582.63.

The earnings season is coming to an end and Canopy Growth Corporation and FedEx Corp have release their reports.

Meanwhile, United States Building Permits (May) came out at 1.49 million, while a consensus of analysts was expecting 1.43 million. United States Housing Starts beat the -0.8% projections, with 21.7%. United States Housing Starts (May) released yesterday at 12:30 UTC with a figure of 1.63 million, while the previous figure was 1.34 million.

Looking ahead, ongoing depreciation may be prolonged as projections for United States Crude Oil Inventories are set for a continuation of decline with 1.87 million while previous data was 7.92 million; data will be released tomorrow at 15:00 UTC.

Moreover, United States Initial Jobless Claims is projected to outperform its last figure with 260,000. It previously stood at 262,000; data will be released tomorrow at 12:30 UTC.

Furthermore, United States Services PMI is expected Friday.

Yesterday's bearishness meant that Mullen Automotive lost 29.91% yesterday before closing at 16.05 cents. Innoviz (down 10%), JD.com (down 6.73%) also underperformed yesterday.

JD.com | Currently down 6.73% at $37.17

JD.com Inc.'s downtrend has seen it decline 7% in 3 days Yesterday's session continued the recent downtrend: after ending Monday at $39.85, JD.com declined to $36.69 yesterday before closing at $37.17, thereby losing 6.73% in total. Daily trading volume (17.54 million shares) increased, making up 144% of the 21-day average (12.17 million).

Mullen Automotive | -29.91% at 16.05 cents

A month ago the automotive industry company reached a significant high of $2.02 but has consequently lost 88.69% since then.

The US automotive and EV manufacturer is now trading 88.69% below the significant high of $2.02 it set around a month ago. So far this year, it has been under-performing the Nasdaq by 65.24%. Mullen is currently trading with a market cap of $39 million with an average daily trading volume of 102.45 million shares. Mullen Automotive expected revenue of $37.3 million with an EPS of $4.