- Direxion Daily FTSE China Bull 3X Shares gains 12.8% as the top gainer; currently at $43.18
- Top laggard iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF gave up 1 cents, or 0.04% yesterday
- European markets are flat.
A reminder of where yesterday left off before today's session begins: markets had an interesting day yesterday; Nasdaq gained 0.66% and closed at 12,365. S&P 500 ended the session at 4,136.28 after a 0.3% gain.
US markets are set to open today in around 2 hours. In the meantime, European markets are sideways. Asia-Pacific markets ended a mixed session today whilst Nikkei is up by 0.73%, hitting 29,843.
Tencent Music Entertainment Group & Keysight Technologies Inc have released their earnings reports with CureVac N.V. and DICK'S Sporting Goods, Inc. are set to publish their respective reports as scheduled.
Today's rise takes place amid mixed market indicators — United States TIC Net Long-Term Transactions (Mar) came out at 133.3 billion, while a consensus of analysts was expecting 85.4 billion. United States NY Empire State Manufacturing Index (May) released yesterday at 12:30 UTC with a figure of -31.8, while the previous figure was 10.8.
Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Retail Sales is projected to outperform its last figure with 0.8%. It previously stood at -0.6%; data will be released today at 12:30 UTC. United States Core Retail Sales is projected to outperform its last figure with 0.4%. It previously stood at -0.4%; data will be released today at 12:30 UTC.
Furthermore, the market is looking at tomorrow at 14:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to -1.3 million from the preceding figure of 2.95 million.
While most assets did well yesterday, some did better than others as Direxion Daily FTSE China Bull 3X Shares trades at $43.18 having gained 12.8%. KraneShares CSI China Internet ETF (up 5.79%) is also performing well.
Yesterday's bullishness contained stragglers as iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed at $25.35 having dropped 0.04%.
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.
Direxion Daily FTSE China Bull 3X Shares | Closed +12.8% at $43.18
- Direxion Daily FTSE China Bull 3X Shares has fallen back around 62.72% from the significant high of $102.67 set 11 months ago.
11 months ago Direxion Daily FTSE China Bull 3X Shares reached a significant high of $102.67 but has consequently lost 62.72% since then.