- Logitech International S.A. & Ceragon Networks Ltd. stand ready to kick off Q1 earnings season
- IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% halfway through the session
- European markets have struggled to gain ground and are now trading lower midway through the session.
The trading session is well on its way, the leading indices are falling — S&P 500 trades at 4,083.5 after losing 1.29%. Nasdaq slipping 1.54% and closing at 11,852.
European markets have struggled to gain ground and are now trading lower midway through the session. Asia-Pacific markets are currently mixed so far this session.
3Rd quarter earnings season is mostly over, with Las Vegas Sands Corp and PacWest Bancorp releasing their earnings reports just this week.
Market's down-tick coincides with some negative macro data published earlier as United States Consumer Confidence published today at 14:00 UTC came out at 101.3, falling short of the 104 projections and continuing its decline from the previous 104 figure.
While price action maintains a negative bias, United States New Home Sales (Mar) came out at 683,000, while a consensus of analysts was expecting 630,000. United States Building Permits released today at 12:10 UTC with a figure of 1.43 million, while the previous figure was 1.55 million.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as projections for United States Core Durable Goods Orders are set for a continuation of decline with -0.2% while previous data was -0.1%; data will be released tomorrow at 12:30 UTC. United States Pending Home Sales projected to decline to 0.5% while previous data was 0.8%; data will be released Thursday.
Some optimism can drawn from the fact that United States Crude Oil Inventories is projected to outperform its last figure with -1.67 million, having previously been at -4.58 million. The figure will be published tomorrow at 14:30 UTC.
While markets are generally down so far today, some assets outperformed such as Vanguard Total International Bond ETF gained 0.69% to reach $48.8. IShares 1-3 Year Treasury Bond ETF (up 0.317%) is also performing well.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is trading at $25.35, moves 0.04%.
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.
IShares 1-3 Year Treasury Bond ETF | +0.32% in mid-session
Keeping up its 4 days of climbing (+24 cents), Heading in the same direction for now — iShares 1-3 Year Treasury Bond ETF went up to $82.29 only to drop back to some of the way and is now trading at $82.29. The fund disclosed a quarterly dividend of 16.2 cents per share on Tuesday, February 28th and was paid on Tuesday, March 7th — thereby generating a yield of 0.787% for all eligble investors.