Markets fall as trading session comes to a close

• Direxion Daily FTSE China Bull 3X Shares plunges 12.74% as session draws to a close As things stand, KraneShares CSI China Internet ETF (down 5.59%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
• European markets are showing losses.

As the session draws to an end the leading indices are slipping — Dow Jones trades at 34,100 after losing 0.55%. S&P 500 drawing back 0.35% to 4,394.

European markets are showing losses. Asia-Pacific markets are in session with varied performances.

The earnings season is coming to an end and Canopy Growth Corporation and FedEx Corp have release their reports.

Meanwhile, United States Building Permits (May) released today at 12:30 UTC with a figure of 1.49 million, while the previous figure was 1.15 million. United States Housing Starts came out at 21.7%, better than analyst estimates of -0.8% and improving upon the previous reading of -2.9%. United States Housing Starts (May) came out at 1.63 million, while a consensus of analysts was expecting 1.4 million.

Looking ahead, ongoing depreciation may be prolonged as United States Crude Oil Inventories projected to decline to 1.87 million while previous data was 7.92 million; data will be released Thursday.

In addition, United States Initial Jobless Claims is projected to outperform its last figure with 260,000. It previously stood at 262,000; data will be released Thursday.

Furthermore, United States Existing Home Sales (May) will be released Thursday.

Direxion Daily FTSE China Bull 3X Shares is trading at $36.65, plunges 12.74%. As things stand, KraneShares CSI China Internet ETF (down 5.59%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are also underperforming today.

IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF has been pretty quiet for the last a month, trading mostly flat and moving by only 0.02 cents on average.

KraneShares CSI China Internet ETF | –5.59%; session high: $28.71 session low: $27.82

As the current session draws to a close, KraneShares CSI China Internet ETF remains in the $27.82 – $28.71 range after dropping 5.59%.