- SPDR S&P Regional Banking ETF was the biggest decliner after giving up 2.92% yesterday IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day yesterday (down 0.039%).
- European markets closed higher yesterday whilst CAC added 0.52% to trade at 7,328.53.
Yesterday's trading session saw to it that markets completed a mixed session yesterday, as Dow Jones was down 0.68% before closing the session at 33,979. Nasdaq closed the day at 13,626, having gained 0.39%.
Trading in the US will continue today in around 7 hours time, meanwhile upbeat European markets ended yesterday higher as CAC increases by 0.52%, reaching 7,328.53. Asia-Pacific markets ended a mixed session today whilst ASX 200 is up by 0.28%, hitting 7,182.
The earnings season is coming to an end and Adobe and Kroger Co have release their reports.
Ambiguous macro data is influencing the market as United States Interest Rate came out at 5.25, while a consensus of analysts was expecting 5.25. Highly important Crude Oil Inventories data from United States beat analyst expectations of 1.48 million with a reading of 7.92 million. Data from United States concerning Producer Price Index was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 0.2% to -0.3% this month.
Data to be released today might clear up some of the market fog as today at 12:30 UTC data for United States Retail Sales will be released, with an expected decline to -0.1% from the preceding figure of 0.4%. United States Core Retail Sales projected to come out at 0.1% — worse than previous data of 0.4%; data will be released today at 12:30 UTC. United States Philadelphia Fed Manufacturing Index (Jun) scheduled to come out today at 12:30 UTC.
While markets were generally sideways yesterday, these assets pulled ahead as Vanguard Tax-Exempt Bond ETF up 0.26% trading at $50.15.
Despite lacklustre price action, some assets lagged behind their peers as SPDR S&P Regional Banking ETF lost 2.92% yesterday before closing at $42.85. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day yesterday (down 0.039%).
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.