- IShares MBS ETF was the biggest decliner after giving up 0.61% yesterday 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 yesterday as CAC is currently down 1.78% and trading around 7,187.27.
Before Monday's session: leading equity indices in the US declined as Nasdaq slipped 1.69% and closed at 11,400. Dow Jones lost 1.02% and ended the session at 32,817.
US markets are now currently closed and set to reopen Monday; meanwhile, European markets closed lower yesterday. Asia-Pacific markets ended a mixed session yesterday whilst Nikkei added 1.29% to trade at 27,453.
Marvell Technology Group Ltd & 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 highly important Crude Oil Inventories data from United States beat analyst expectations of 2 million with a reading of 7.65 million.
Amid the market gloom, United States New Home Sales (Jan) came out at 670,000, while a consensus of analysts was expecting 620,000. United States Core PCE Price Index (MoM) (Jan) released yesterday at 13:30 UTC with a figure of 0.6, while the previous figure was 0.4.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Pending Home Sales projected to decline to 1% while previous data was 2.5%; data will be released Monday.
Some optimism can drawn from the fact that United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%, having previously been at -0.2%. The figure will be published Monday.
Yesterday's bearishness meant that iShares MBS ETF lost 0.61% yesterday before closing at $92.81. Vanguard Mortgage-Backed Securities ETF (down 0.566%), 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.
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.