- IShares MBS ETF suffered relatively more than others yesterday after 0.61% dip 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 down by 1.78%, reaching 7,187.27
Yesterday's trading session saw to it that leading equity indices in the US declined as Nasdaq was down 1.69% before closing the session at 11,400. Dow Jones closed at 32,817, a 1.02% change.
Trading in the US will continue Monday in around a day time, meanwhile European markets were down yesterday as CAC is down by 1.78%, drops to 7,187.27 Asia-Pacific markets ended a mixed session yesterday whilst Nikkei improves by 1.29%, reaching 27,453.
NICE Ltd. & CommScope Holding Company, Inc. have released their earnings reports with Marvell Technology Group Ltd and Best Buy Co Inc are set to publish their respective reports as scheduled.
Markets are trading lower today despite some positive data published earlier as United States Crude Oil Inventories beat the 2 million projections, with 7.65 million.
While price action maintains a negative bias, 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 expected to decline to 1% while its preceding data was 2.5%, data will be available 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 | 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.
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.