- Midway through earnings season, Cyren Ltd. and NanoVibronix, Inc. are in line to report next
- Today's star of the day Signature Bank appreciates 25.52% while outperforming its peers
- European markets were down today as CAC is down by 0.59%, reaching 7,397.17
Today's market activity meant that leading equity indices in the US declined as Nasdaq lost 0.63% and ended the session at 12,180. After dropping 0.46%, S&P 500 closed at 4,119.17.
US markets are set to open tomorrow in around 16 hours. In the meantime, European markets were down today as CAC slumps to 7,397.17 (down 0.59%). Asia-Pacific markets ended a mixed session today whilst Nikkei added 1% to trade at 29,243.
Cyren Ltd. and NanoVibronix, Inc. due to release their earnings reports within the following week.
Meanwhile, United States API Weekly Crude Oil Stock came out at 3.62 million, while a consensus of analysts was expecting -1.6 million. United States 3-Year Note Auction released today at 17:00 UTC with a figure of 3.695, while the previous figure was 3.81.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as as things stand, upcoming United States Crude Oil Inventories data is projected to fall short of market expectations with newly published data of -1.6 million, following on from the preceding figure of -1.28 million. New data is set to be published tomorrow at 14:30 UTC.
Moreover, United States Producer Price Index is projected to outperform its last figure with 0.3%. It previously stood at -0.5%; data will be released Thursday.
Furthermore, United States Consumer Price Index figure is projected at 0.4%. It previously stood at 0.1%; data will be released tomorrow at 12:30 UTC.
While markets are generally down so far today, some assets outperformed such as Signature Bank gained 25.52% to reach 12 cents. ICU Medical (up 13.64%) and Grifols (up 10.45%) also performed well today.
ICU Medical | Up 13.64% to $209.15 today
- 6 months ago, the vascular therapy technology developer fell to a low of $136.41 but has since recovered 34.92%.
- Currently up $25.11 today, ICU Medical is on course to break its five-day losing run.
The vascular therapy technology developer is now trading 34.92% above the significant low ($136.41) it slumped to 6 months ago. Currently, the vascular therapy technology developer has a market capitalization of $5 billion with an average daily trading volume of 144,744 shares.
Signature Bank | -25.52% today including 1,983.33% gain in aftermarket trade
Signature Bank has posted further gains as part of a 3 day trend that has already seen the stock gain 1.56 cents. It was more of the same for Signature Bank today — the full-service commercial bank gained 25.52% and stayed at 12 cents levels. Daily trading volume (5.18 million shares) increased, making up 108% of the 21-day average (4.81 million). Signature Bank disclosed a quarterly dividend of 70 cents per share on Thursday, January 12th that was paid on Friday, February 10th to all shareholders of record up until Friday, January 27th. Based on current prices, the company's decision thereby provides Signature Bank investors with an annual dividend yield of 2,333.33%.