- ETFMG Sit Ultra Short ETF suffered relatively more than others yesterday after 0.48% dip As things stand, iShares MBS ETF (down 0.406%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- CAC moves up to 7,492 (up 0.61%).
Yesterday's market activity meant that leading equity indices in the US declined as Dow Jones slipped 0.33% and closed at 33,427. Nasdaq lost 0.24% and ended the session at 12,658.
Trading in the US will continue Monday in around 2 days time, meanwhile upbeat European markets ended yesterday higher as CAC is up by 0.61%, hitting 7,492. Upbeat Asia-Pacific markets ended yesterday higher as ASX 200 climbs by 0.59%, reaching 7,279.5.
Deere & Company and Catalent Inc have released their earnings reports with Booz Allen Hamilton Holding Corporation and Royal Bank Of Canada are set to publish their respective reports as scheduled.
Markets are trading lower today despite some positive data published earlier as highly important Initial Jobless Claims data from United States beat analyst expectations of 254,000 with a reading of 242,000.
Meanwhile, United States Existing Home Sales (Apr) came out at 4.28 million, while a consensus of analysts was expecting 4.3 million. United States Philadelphia Fed Manufacturing Index (May) released Thursday with a figure of -10.4, while the previous figure was -31.3.
Yesterday's bearishness meant that ETFMG Sit Ultra Short ETF lost 0.48% yesterday before closing at $48.06. IShares MBS ETF (down 0.406%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended yesterday's session at $25.35
With around a month of flat trade under its belt, Pointing in a similar direction, yesterday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 yesterday.
ETFMG Sit Ultra Short ETF | -0.48% at $48.06
- Having set a significant low of $47.64 6 months ago, ETFMG Sit Ultra Short ETF is trading 1.36% higher.
- Shareholders to attain annual dividend yield of 1.68% this year
ETFMG Sit Ultra Short ETF hit a significant low of $47.64 around 6 months ago, but has since recovered 1.36%.