- Midway through earnings season, The Toro Company & Vail Resorts, Inc. are in line to report next
- IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF was the biggest decliner after giving up 0.04% yesterday
- European markets were down yesterday as CAC is down by 1.54%, dips to 7,098.7
A reminder of where yesterday ended before the next session begins: leading equity indices in the US declined as after dropping 0.61%, S&P 500 closed at 4,179.83. Nasdaq slipped 0.63% and closed at 12,935.
US markets are now currently closed and set to reopen today; meanwhile, European markets closed lower yesterday. Asia-Pacific markets ended a mixed session today whilst Nikkei ascends by 0.84%, reaching 31,148.
The Toro Company & Vail Resorts, Inc. due to release their earnings reports within the following week.
Markets are trading lower today despite some positive data published earlier as highly important Consumer Confidence data from United States beat analyst expectations of 99 with a reading of 102.3.
Meanwhile, United States JOLTs Job Openings (Apr) came out at 10.10 million, while a consensus of analysts was expecting 9.78 million. United States API Weekly Crude Oil Stock released yesterday at 20:30 UTC with a figure of 5.20 million, while the previous figure was -6.80 million.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as tomorrow at 12:30 UTC data for United States Non Farm Payrolls will be released, with an expected decline to 180,000 from the preceding figure of 253,000.
In addition, United States Crude Oil Inventories is projected to outperform its last figure with -1.10 million. It previously stood at -12.46 million; data will be released today at 15:00 UTC.
Furthermore, United States ADP Nonfarm Employment Change (May) scheduled to come out today at 12:15 UTC.
While markets are generally down so far today, some assets outperformed such as ETFMG Sit Ultra Short ETF gained 0.87% to reach $48.54. Vanguard Mortgage-Backed Securities ETF (up 0.741%).
Yesterday's bearishness meant that iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF lost 0.04% yesterday before closing at $25.35.
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.
Vanguard Mortgage-Backed Securities ETF | Closed +0.74% at $46.21
The sentiment that generated 38 cents in cumulative gains over the past 3 days was further evident for Vanguard Mortgage-Backed Securities ETF. It was more of the same for Vanguard Mortgage-Backed Securities ETF yesterday — Vanguard Mortgage-Backed Securities ETF closed yesterday at $46.21 (with a daily low of $45.9) after ending Tuesday at $45.87 and gaining 0.74%. The fund disclosed a quarterly dividend of 12.2 cents per share on Thursday, April 27th and was paid on Thursday, May 4th — thereby generating a yield of 1.06% for all eligble investors.