- Top laggard Vanguard Mortgage-Backed Securities ETF giving up 18 cents, or 0.39%, so far this session IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is having a negative session so far (down 0.039%).
- European equity markets are currently seeing a boost in risk-on sentiment.
A new trading session is underway and the leading indices are climbing up — Nasdaq up to 12,000, gaining 1.11%. S&P 500 goes up 0.81%, trading at 4,088.82.
European markets are showing gains. Asia-Pacific markets are in session with varied performances.
EQT Corporation & FirstEnergy Corp have released their earnings reports; ArcelorMittal & FIGS, Inc. will publish their respective reports in due course.
Uptick coincides with some positive signs published earlier as data for United States Initial Jobless Claims published today at 12:30 UTC came out at 230,000, beating projections of 248,000 and showing improvement over the preceding figure of 246,000.
On a negative note, the market received some disappointing news as United States Pending Home Sales published today at 14:00 UTC came out at -5.2%, falling short of the 0.5% projections and continuing its decline from the previous 0.8% figure. GDP in United States fell short of market expectations (two) with a reading of 1.1, continuing the decline from the previous figure of 2.6.
Furthermore, the market is looking at United States Core PCE Price Index (MoM) (Mar) is scheduled for tomorrow at 12:30 UTC.
While indices are generally bullish today, some individual assets stood out as Communication Services Select Sector SPDR Fund trades at $58.8 having gained 4.76%.
Vanguard Mortgage-Backed Securities ETF drops 0.39% to trade at $46.44. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is having a negative session so far (down 0.039%).
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Currently steady around $25.35
It's been more of the same this session on the back of a month of flat trade, Today's session so far looks to be heading in a similar way — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF trades at $25.35, after ending yesterday at $25.36.
Communication Services Select Sector SPDR Fund | +4.76% to start today's session
- Communication Services Select Sector SPDR Fund has managed to gain 15.47% so far this year despite trading at lows around $45.41 previously.
- Currently up $2.67 today, Communication Services Select Sector SPDR Fund is on course to break its three-day losing run.
- Shareholders to attain annual dividend yield of 1.02% this year
Communication Services Select Sector SPDR Fund has gained 15.47% since its lowest print of $45.41 earlier this year.