- IShares MBS ETF was the biggest decliner after giving up 0.66% yesterday As things stand, Vanguard Mortgage-Backed Securities ETF (down 0.578%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- FTSE ascends to 7,872 (up 0.36%).
Yesterday's market activity meant that leading equity indices in the US declined as Dow Jones closed at 33,900, a 0.42% change. After dropping 0.35%, Nasdaq closed at 12,123.
US markets are now currently closed and set to reopen Monday; meanwhile, European markets closed higher yesterday whilst FTSE ascends by 0.36%, reaching 7,872. Upbeat Asia-Pacific markets ended yesterday higher as Nikkei is up by 1.2%, hitting 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%. Data from United States concerning Retail Sales was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of -0.2% to -1% this month. 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%.
Yesterday's bearishness meant that iShares MBS ETF lost 0.66% yesterday before closing at $94.43. Vanguard Mortgage-Backed Securities ETF (down 0.578%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
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.
Yesterday's 0.58% loss extends a 3 day bearish run in which Vanguard Mortgage-Backed Securities ETF had already lost 9 cents from its share value. The fund disclosed a quarterly dividend of 11.8 cents per share on Monday, December 26th and was paid on Monday, March 6th — thereby generating a yield of 1% for all eligble investors.