- IShares MBS ETF suffered relatively more than others Friday after 0.31% dip As things stand, iShares 1-3 Year Treasury Bond ETF (down 0.135%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- CAC is up by 1.34%, hitting 7,388.65.
Friday's market activity meant that leading equity indices in the US declined as Nasdaq was down 0.68% before closing the session at 13,700. After dropping 0.37%, S&P 500 closed at 4,409.59.
US markets are currently closed but will resume tomorrow in around 14 hours time. European markets closed higher Friday whilst CAC added 1.34% to trade at 7,388.65. Upbeat Asia-Pacific markets ended Friday higher as ASX 200 climbs to 7,251.2 (up 1.06%).
The earnings season is coming to an end and Canopy Growth Corporation and Adobe have release their reports.
While price action maintains a negative bias, United States CFTC Nasdaq 100 speculative net positions released Friday with a figure of 15,700, while the previous figure was 8,800. United States CFTC S&P 500 speculative net positions came out at -331,400. United States CFTC Crude Oil speculative net positions came out at 155,100.
Furthermore, United States Building Permits (May) is expected Tuesday.
Friday's bearishness meant that iShares MBS ETF lost 0.31% Friday before closing at $93.57. As things stand, iShares 1-3 Year Treasury Bond ETF (down 0.135%), 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
- With around a month of flat trade under its belt,
IShares MBS ETF | Closed down 0.31% at $93.57 Friday
A tough session dominated by bearish sentiment left MBB 29 cents lower, while setting a $93.36 to $93.69 session range.