- Market leader SPDR S&P Biotech ETF puts in stellar performance, gaining 4.64%; currently at $79.58
- Top laggard iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF giving up 1 cents, or 0.04%, so far this session
- European markets are trending positively as CAC climbs by 1.13%, reaching 7,480.83.
The trading session is well on its way, the leading indices are pointing up — Nasdaq up to 12,120, gaining 1.6%. S&P 500 up 0.91%, trading at 4,129.
European markets are up as CAC climbs to 7,480.83 (up 1.13%). Asia-Pacific markets are in session with varied performances.
Uptick coincides with some positive signs published earlier as highly important Crude Oil Inventories data from United States beat analyst expectations of -583,000 with a reading of 597,000.
On a negative note, the market received some disappointing news as United States Producer Price Index published today at 12:30 UTC came out at -0.5%, falling short of the 0.1% projections and continuing its decline from the previous 0% figure. Highly important Initial Jobless Claims data from United States beat analyst expectations of 232,000 with a reading of 239,000.
Also worthy of note, United States Core Retail Sales projected to decline to -0.3% while previous data was -0.1%; data will be released tomorrow at 12:30 UTC.
Furthermore, the market is looking at United States Retail Sales figure is projected at -0.4%. It previously stood at -0.4%; data will be released tomorrow at 12:30 UTC.
While indices are generally bullish today, some individual assets stood out as SPDR S&P Biotech ETF trades at $79.58 having gained 4.64%. ARK Innovation ETF (up 4.4%).
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is now trading at $25.35, moves 0.04%.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Currently steady around $25.35
- It's been more of the same this session on the back of a month of flat trade,
Today's session seems to be pointing upwards and is building on SPDR S&P Biotech ETF's 5 days of gains (+67 cents).