- IShares MBS ETF suffered relatively more than others today after 0.61% dip As things stand, Vanguard Mortgage-Backed Securities ETF (down 0.566%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- European markets were down today as CAC is down by 1.78%, reaching 7,187.27
Today's market activity meant that leading equity indices in the US declined as Nasdaq shed 1.69% and closed at 11,400. After dropping 1.02%, Dow Jones closed at 32,817.
US markets are currently closed but will resume Monday in around 2 days time. European markets closed lower today. Asia-Pacific markets ended a mixed session today whilst Nikkei goes up to 27,453 (up 1.29%).
Marvell Technology Group Ltd and Best Buy Co Inc due to release their earnings reports within the following week.
Markets are trading lower today despite some positive data published earlier as United States Crude Oil Inventories beat the 2 million projections, with 7.65 million.
Amid the market gloom, United States New Home Sales (Jan) released today at 15:00 UTC with a figure of 670,000, while the previous figure was 625,000. United States Core PCE Price Index (MoM) (Jan) came out at 0.6, while a consensus of analysts was expecting 0.4.
Today's bearishness meant that iShares MBS ETF lost 0.61% today before closing at $92.81. As things stand, Vanguard Mortgage-Backed Securities ETF (down 0.566%), 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 | Ended today's session at $25.35
- With around a month of flat trade under its belt,
Vanguard Mortgage-Backed Securities ETF | Closed down 0.57% at $45.69 today
A tough session dominated by bearish sentiment left VMBS 26 cents lower, while setting a $45.57 to $45.71 session range. The fund disclosed a quarterly dividend of 10.9 cents per share on Tuesday, November 29th and was paid on Tuesday, December 6th — thereby generating a yield of 0.954% for all eligble investors.