- Xtrackers Harvest CSI 300 China A-Shares ETF was the biggest decliner after giving up 2.08% yesterday IShares MBS ETF (down 0.307%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
- Upbeat European markets ended yesterday higher as CAC ascends to 7,577 (up 0.51%).
Ahead of Monday's session: markets did not have a clear cut direction — Nasdaq closed 12,072 after a stable day. Dow Jones closed at 33,800 after a flat day.
US markets are now currently closed and set to reopen Monday; meanwhile, European markets closed higher yesterday whilst CAC is up by 0.51%, hitting 7,577. Asia-Pacific markets were down yesterday as KOSPI Composite Index is currently down 0.73% and trading around 2,544.4.
3Rd quarter earnings season is mostly over, with Bank OZK & Procter & Gamble releasing their earnings reports just this week.
This limbo state is reflected by market data published as United States Services PMI came out at 53.7, while a consensus of analysts was expecting 51.5. United States Existing Home Sales (Mar) released Thursday with a figure of 4.44 million, while the previous figure was 4.55 million. Fresh Philadelphia Fed Manufacturing Index (Apr) data from United States came out at -31.3.
Despite lacklustre price action, some assets lagged behind their peers as Xtrackers Harvest CSI 300 China A-Shares ETF lost 2.08% yesterday before closing at $29.19. IShares MBS ETF (down 0.307%), 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,
IShares MBS ETF | -0.31% at $94.2
IShares MBS ETF slid down from $94.49 to $94.2, taking a 29 cents loss (0.31%) the fund disclosed a quarterly dividend of 25 cents per share on Tuesday, February 28th and was paid on Tuesday, March 7th — thereby generating a yield of 1.06% for all eligble investors.