After closing the previous trading day at $105, iShares iBoxx $ Investment Grade Corporate Bond ETF is up to $105.72, which makes for a move of 0.71%/72.5 cents today.
United States ISM Non-Manufacturing PMI (Feb) is next today at 15:00 UTC.
Uptick comes while some more positive signs for iShares iBoxx $ Investment Grade Corporate Bond ETF are out as highly important Initial Jobless Claims data from United States beat analyst expectations of 195,000 with a reading of 190,000.
Meanwhile, United States Composite PMI came out at 50.1, while a consensus of analysts was expecting 50.2. United States Services PMI released today at 14:45 UTC with a figure of 50.6, while the previous figure was 46.8.
IShares iBoxx $ Investment Grade Corporate Bond ETF shows positive signs, other assets are also on par: Meta Platforms leaps up 3.05% to trade around $179.86. Apple is up 2%.
At the same time, Costco is down to $465.71, losing $20, after closing at $485.69 in the preceding trading session.
Furthermore, the market is looking at United States ISM Non-Manufacturing PMI (Feb) is scheduled for today at 15:00 UTC.
IShares iBoxx $ Investment Grade Corporate Bond ETF reached a significant high of $123.64 around 11 months ago but has lost 15.09% since then.