Opendoor Technologies Inc lost 8.46% during yesterday's session; goes up in pre-market trading (+2.17% to $1.88)

As traders prepare for a higher market open today, yesterday's bearish sentiment is in focus: a tough session dominated by bearish sentiment left Opendoor Technologies Inc. 16 cents lower, while setting a $1.83 to $2.05 session range.

United States FOMC Meeting Minutes is next today at 19:00 UTC.

Amid the market gloom, United States Existing Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 4 million, while the previous figure was 4 million. United States 2-Year Note Auction released yesterday at 18:00 UTC with a figure of 4.673, while the previous figure was 4.139. United States Existing Home Sales released earlier showed a marked improvement to -0.7% from the preceding data of -2.2%, but fell short of the 2% figure forecast by a consensus of market analysts.

Opendoor Technologies Inc was not the only decliner in the real estate sector; ProLogis stumbles 1.47% yesterday to close at $125.32.

With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Crude Oil Inventories projected to decline to 1.17 million while previous data was 16.28 million; data will be released tomorrow at 16:00 UTC. Tomorrow at 13:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 200,000 from the preceding figure of 194,000.

Furthermore, United States GDP is expected tomorrow at 13:30 UTC.

Over the past 11 months, the online US real estate company has retreated 81.69% from a noteworthy peak of $11.