Markets fall as trading session comes to a close

• Arrival tumbles 22.82% as session draws to a close As things stand, Nektar Therapeutics (down 9.82%) and Playtika (down 2.6%) are underperforming today
• European markets are showing gains.

With the trading session drawing to a close, the leading indices are currently lower — Dow Jones drawing back 0.42% to 33,900. Nasdaq slipping 0.37% and closing at 12,122.

European equity markets are currently seeing a boost in risk-on sentiment. Asia-Pacific markets are up as Nikkei added 1.2% to trade at 28,500.

Market's down-tick coincides with some negative macro data published earlier as Core Retail Sales in United States fell short of market expectations (-0.3%) with a reading of -0.8%, continuing the decline from the previous figure of 0%. Highly important Retail Sales data from United States beat analyst expectations of -0.4% with a reading of -1%. Producer Price Index in United States fell short of market expectations (0.1%) with a reading of -0.5%, continuing the decline from the previous figure of 0%.

Arrival is currently trading at $4.25 after declining 22.82%. As things stand, Nektar Therapeutics (down 9.82%), Playtika (down 2.6%) are also underperforming today.

Arrival | Currently down 22.82% at $4.25

As the current session draws to a close, the electric vehicles supplier remains in the $4.23 – $5.4 range after closing yesterday at $5.5 and dropping by 22.82%.

Today's losses are adding to a 4 day bearish run, during which Playtika lost 76 cents of its value.