- SPDR S&P Regional Banking ETF suffered relatively more than others today after 8.13% dip IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day today (down 0.039%).
Ahead of tomorrow's session: leading equity indices in the US declined as Dow Jones lost 1.65% and ended the session at 32,256. S&P 500 closed at 3,918.43, a 1.84% change.
US markets are now currently closed and set to reopen tomorrow; meanwhile, Asia-Pacific markets ended a mixed session today whilst Nikkei ascends to 28,623 (up 0.63%).
GoHealth, Inc. and GameStop Corp. due to release their earnings reports within the following week.
Market's down-tick coincides with some negative macro data published earlier as data from United States concerning Initial Jobless Claims was released today at 13:30 UTC. Newly published figures emphasized continued decline from last month's figure of 190,000 to 211,000 this month. Following a previous reading of 1.17 million, Crude Oil Inventories in United States released yesterday at 15:30 UTC fell short of the 395,000 figure expected by analysts with an actual reading of -1.69 million.
While price action maintains a negative bias, United States JOLTs Job Openings (Jan) released yesterday at 15:00 UTC with a figure of 10.82 million, while the previous figure was 11.23 million.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Non Farm Payrolls expected to decline to 205,000 while its preceding data was 517,000, data will be available tomorrow at 13:30 UTC.
Furthermore, United States Unemployment Rate is expected tomorrow at 13:30 UTC.
While markets are generally down so far today, some assets outperformed such as iShares 1-3 Year Treasury Bond ETF gained 0.32% to reach $80.77.
Today's bearishness meant that SPDR S&P Regional Banking ETF lost 8.13% today before closing at $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 has been pretty quiet for the last a month, trading mostly flat and moving by only 0.02 cents on average.
Largest single-day gain by iShares 1-3 Year Treasury Bond ETF— trading at $80.77
IShares 1-3 Year Treasury Bond ETF made its largest single-day jump of 26 cents (0.32%) since Jan 18 and closed at $80.77. The fund disclosed a quarterly dividend of 16.2 cents per share on Tuesday, February 28th and was paid on Tuesday, March 7th — thereby generating a yield of 0.802% for all eligble investors.