IShares J.P. Morgan USD Emerging Markets Bond ETF drops 0.55% by midday IShares MBS ETF (down 0.183%) has also underperformed today.
European markets show no gains or losses.

With the trading session well underway, markets don't have a clear cut direction — Dow Jones trades at 32,756 after losing 0.41%. Nasdaq is relatively flat, trades at 11,476.

European markets have no obvious direction. Asia-Pacific markets are up as ASX 200 added 0.47% to trade at 7,258.4.

3Rd quarter earnings season is mostly over, with Vimeo, Inc. and Li Auto Inc. releasing their earnings reports just this week.

This limbo state is reflected by market data published as Consumer Confidence in United States fell short of market expectations (108.5) with a reading of 102.9, continuing the decline from the previous figure of 106. Highly important Pending Home Sales data from United States beat analyst expectations of 1% with a reading of 8.1%. Data for United States Core Durable Goods Orders published yesterday at 13:30 UTC came out at 0.7%, beating projections of 0.1% and showing improvement over the preceding figure of -0.4%.

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as as things stand, upcoming United States Crude Oil Inventories data is projected to fall short of market expectations with newly published data of 440,000, following on from the preceding figure of 7.65 million. New data is set to be published tomorrow at 15:30 UTC. Projections for United States Initial Jobless Claims are set for a continuation of decline with 195,000 while previous data was 192,000; data will be released Thursday. United States ISM Manufacturing PMI (Feb) will be released tomorrow at 15:00 UTC.

Despite lacklustre price action, some assets are lagging behind their peers as iShares J.P. Morgan USD Emerging Markets Bond ETF is currently trading at $85.12 after declining 0.55%. IShares MBS ETF (down 0.183%) has also underperformed today.

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 MBS ETF | -0.18% in mid-session

IShares MBS ETF is down to $92.88, after ending yesterday at $93.05. Overall, a 0.18% loss or 17 cents today. Based on current prices, MBB investors are currently earning an annual dividend yield of 0.844% after the fund distributed a quarterly dividend of 19.6 cents per share for all eligible shareholders as of Wednesday, November 2nd. The most recent payment was made on Monday, November 7th.