| 
June 13, 2023
- Top laggard Direxion Daily Semiconductor Bear 3x Shares gave up $1.1, or 9.58% yesterday United States Oil Fund LP (down 4.27%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
- European session in progress; markets are rising as CAC climbs by 0.47%, reaching 7,284.39.
Before today's session: markets closed higher yesterday; Nasdaq ended the session at 13,462 after a 1.53% gain. S&P 500 gained 0.93% and closed at 4,339.
Trading in the US will continue today in around 4 hours time, meanwhile European markets are showing gains. Upbeat Asia-Pacific markets ended today higher as Nikkei surges to 33,019 (up 1.8%).
Adobe & Coca-Cola Europacific Partners PLC due to release their earnings reports within the following week.
Today's rise takes place amid mixed market indicators — United States Federal Budget Balance (May) came out at -240 billion, while a consensus of analysts was expecting -236 billion. United States 10-Year Note Auction released yesterday at 17:00 UTC with a figure of 3.791, while the previous figure was 3.448. United States 3-Year Note Auction came out at 4.202.
Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Crude Oil Inventories is projected to outperform its last figure with 1.48 million. It previously stood at -451,000; data will be released tomorrow at 14:30 UTC.
Also worthy of note, United States Producer Price Index projected to come out at -0.1% — worse than previous data of 0.2%; data will be released tomorrow at 12:30 UTC. As things stand, upcoming United States Retail Sales data is projected to fall short of market expectations with newly published data of -0.1%, following on from the preceding figure of 0.4%. New data is set to be published Thursday.
Yesterday's bullishness contained stragglers as Direxion Daily Semiconductor Bear 3x Shares closed at $10.38 having dropped 9.58%. United States Oil Fund LP (down 4.27%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended yesterday's session at $25.35
Following a month of flat trade, Pointing in a similar direction, yesterday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 yesterday.
Direxion Daily Semiconductor Bear 3x Shares | Closed yesterday's session at $10.38
Direxion Daily Semiconductor Bear 3x Shares's downtrend has seen it decline 15.61% in 6 days Yesterday's session continued the recent downtrend: a tough session dominated by bearish sentiment left SOXS $1.1 lower, while setting a $10.33 to $11.13 session range.
