- Market leader United States Natural Gas Fund LP puts in stellar performance, gaining 3.77%; currently at $8.81
- 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 up as CAC added 1.51% to trade at 7,295.55.
The trading session is well on its way, the leading indices are climbing up — Nasdaq up to 11,500, gaining 0.81%. S&P 500 goes up 0.44%, trading at 3,987.57.
European markets are trending positively as CAC improves to 7,295.55 (up 1.51%). Asia-Pacific markets have struggled to gain ground and are now trading lower midway through the session.
NICE Ltd. & CommScope Holding Company, Inc. have released their earnings reports with Ciena Corporation & Nutanix, Inc. are set to publish their respective reports as scheduled.
Uptick coincides with some positive signs published earlier as highly important Pending Home Sales data from United States beat analyst expectations of 1% with a reading of 8.1%. Highly important Core Durable Goods Orders data from United States beat analyst expectations of 0.1% with a reading of 0.7%.
Today's rise takes place amid mixed market indicators — Core Durable Goods Orders in United States fell short of market expectations (-4%) with a reading of -4.5%, continuing the decline from the previous figure of 5.1%.
Today's gains are adding to bullish investor sentiment as robust macro data is expected for release later today; United States Consumer Confidence is projected to outperform its last figure with 108.5. It previously stood at 107.1; data will be released tomorrow at 15:00 UTC.
Furthermore, the market is looking at United States Crude Oil Inventories is expected Wednesday.
Also worthy of note, United States ISM Manufacturing PMI (Feb) scheduled to come out Wednesday.
While indices are generally bullish today, some individual assets stood out as United States Natural Gas Fund LP trades at $8.81 having gained 3.77%. JPMorgan Ultra-Short Income ETF (up 0.05%) is also performing well.
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 so far looks to be heading in a similar way — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF trades at $25.35, after ending Friday at $25.36.
JPMorgan Ultra-Short Income ETF | Currently steady around $50.3
- JPMorgan Ultra-Short Income ETF has gained 0.3% since its lowest print of $50 earlier this year.
- It's been more of the same this session on the back of 17 days of flat trade,
JPMorgan Ultra-Short Income ETF has managed to gain 0.3% so far this year despite trading at lows around $50 previously.