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May 18, 2023
IShares Global Clean Energy ETF is down to $18.63, after ending yesterday at $18.95. Overall, a 1.69% loss or 32 cents today.
United States Existing Home Sales (Apr) is next today at 14:00 UTC.
On the flip side, United States Initial Jobless Claims beat analyst expectations of 254,000 and the previous reading of 264,000 with new data of 242,000. Highly important Crude Oil Inventories data from United States beat analyst expectations of -920,000 with a reading of 5 million.
Amid the market gloom, United States Philadelphia Fed Manufacturing Index (May) released today at 12:30 UTC with a figure of -10.4, while the previous figure was -31.3.
Japanese candlestick formations show 'Bullish Harami' is a candlestick chart indicator used for detecting reversals in an existing bear trend. It is generally indicated by a small price increase that's contained within a broader downward price movement and is commonly associated with a bearish trend coming to an end.
In the meantime, negative performances are also seen in other markets, Alibaba dips 4.19% to trade around $86.88.
Other assets are showing positive performances as Netflix is up 6%. Walmart is up 2.17%.
Furthermore, United States Existing Home Sales (Apr) is scheduled for today at 14:00 UTC. United States Fed Chair Powell speech scheduled to come out tomorrow at 15:00 UTC.
IShares Global Clean Energy ETF has fallen back around 19.74% over the past 9 months, from a notable high of $23.61.
