- IShares MBS ETF suffered relatively more than others Friday 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 Friday as CAC is currently down 1.78% and trading around 7,187.27.
Before tomorrow's session begins, here is a reminder of where Friday's session left us: leading equity indices in the US declined as Nasdaq shed 1.69% and closed at 11,400. Dow Jones closed at 32,817, a 1.02% change.
US markets are currently closed but will resume tomorrow in around 20 hours time. European markets were down Friday as CAC is down by 1.78%, reaching 7,187.27 Asia-Pacific markets ended a mixed session Friday whilst Nikkei is up by 1.29%, hitting 27,453.
Marvell Technology Group Ltd & Best Buy Co Inc due to release their earnings reports within the following week.
Meanwhile, 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 Friday with a figure of 0.6, while the previous figure was 0.4. United States CFTC S&P 500 speculative net positions came out at -222,300.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Pending Home Sales projected to decline to 1% while previous data was 2.5%; data will be released tomorrow at 15:00 UTC.
In addition, United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%. It previously stood at -0.2%; data will be released tomorrow at 13:30 UTC. United States Consumer Confidence is projected to outperform its last figure with 108.5. It previously stood at 107.1; data will be released Tuesday.
Friday's bearishness meant that iShares MBS ETF lost 0.61% Friday before closing at $92.81. As things stand, Vanguard Mortgage-Backed Securities ETF (down 0.566%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are also underperforming today.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended Friday's session at $25.35
Following a month of flat trade, Pointing in a similar direction, Friday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 Friday.
Vanguard Mortgage-Backed Securities ETF | Closed down 0.57% at $45.69 Friday
A tough session dominated by bearish sentiment left VMBS 26 cents lower, while setting a $45.57 to $45.71 session range. 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.