- IShares MBS ETF was the biggest decliner after giving up 0.31% yesterday As things stand, iShares 1-3 Year Treasury Bond ETF (down 0.135%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- CAC added 1.34% to trade at 7,388.65.
Ahead of Monday's session: leading equity indices in the US declined as Nasdaq was down 0.68% before closing the session at 13,700. S&P 500 shed 0.37% and closed at 4,409.59.
Trading in the US will continue Monday in around 2 days time, meanwhile upbeat European markets ended yesterday higher as CAC is up by 1.34%, hitting 7,388.65. Asia-Pacific markets closed higher yesterday whilst ASX 200 goes up by 1.06%, reaching 7,251.2.
The earnings season is coming to an end and Canopy Growth Corporation & Adobe have release their reports.
Market's down-tick coincides with some negative macro data published earlier as United States Initial Jobless Claims came out at 262,000, marking no change from preceding figure.
Markets are trading lower today despite some positive data published earlier as highly important Retail Sales data from United States beat analyst expectations of -0.1% with a reading of 0.3%.
While price action maintains a negative bias, United States Philadelphia Fed Manufacturing Index (Jun) released Thursday with a figure of -13.7, while the previous figure was -10.4.
Yesterday's bearishness meant that iShares MBS ETF lost 0.31% yesterday before closing at $93.57. IShares 1-3 Year Treasury Bond ETF (down 0.135%), 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
Following a month of flat trade, 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.
IShares MBS ETF | Currently down 0.31% at $93.57
A tough session dominated by bearish sentiment left MBB 29 cents lower, while setting a $93.36 to $93.69 session range.