- Direxion Daily FTSE China Bull 3X Shares was the biggest decliner today after giving up 8.81% IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day today (down 0.039%).
- European markets were down today as CAC is down by 1.33%, reaching 7,378.71
Before tomorrow's session: leading equity indices in the US declined as S&P 500 shed 1.12% and closed at 4,145.58. Nasdaq closed at 12,560, a 1.26% change.
US markets are now currently closed and set to reopen tomorrow; meanwhile, European markets closed lower today. Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index added 0.41% to trade at 2,567.55.
3Rd quarter earnings season is mostly over, with Aurora Cannabis Inc. and DICK'S Sporting Goods, Inc. releasing their earnings reports just this week.
While price action maintains a negative bias, United States New Home Sales (Apr) released today at 14:00 UTC with a figure of 683,000, while the previous figure was 656,000. United States Services PMI came out at 55.1, while a consensus of analysts was expecting 52.6. United States Building Permits released today at 12:00 UTC with a figure of 1.15 million, while the previous figure was 1.43 million.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as tomorrow at 14:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to -920,000 from the preceding figure of 5 million. United States Initial Jobless Claims projected to decline to 250,000 while previous data was 242,000; data will be released Thursday.
In addition, United States Pending Home Sales is projected to outperform its last figure with 0.5%, having previously been at -5.2%. The figure will be published Thursday.
While markets are generally down so far today, some assets outperformed such as ETFMG Sit Ultra Short ETF gained 0.38% to reach $48.16.
Today's bearishness meant that Direxion Daily FTSE China Bull 3X Shares lost 8.81% today before closing at $36.53. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day today (down 0.039%).
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended today's session at $25.35
Following a month of flat trade, Pointing in a similar direction, today's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 today.
ETFMG Sit Ultra Short ETF | Closed +0.38% at $48.16
ETFMG Sit Ultra Short ETF rose 18 cents to close at $48.16 today which makes for a move of 0.38%.