Markets closed sideways but ProShares Ultra Bloomberg Natural Gas, United States Natural Gas Fund, LP, iShares 20+ Year Treasury Bond ETF drop and make it on this unflattering list of yesterday's losing etfs.
Before today's session begins, here is a reminder of recent events: markets did not have a clear cut direction — Dow Jones was down 0.14% before closing the session at 34,052. Nasdaq closed at 12,200 after a flat day.
This limbo state is reflected by market data published as United States ISM Manufacturing PMI (Apr) released yesterday at 14:00 UTC with a figure of 47.1, while the previous figure was 46.3.
While markets traded sideways yesterday, some etfs suffered significant losses. Here is the list of Top Losers from yesterday:
-2.88%: TLT falls back to $103.13 after shedding 2.88% yesterday
A tough session dominated by bearish sentiment left TLT $3.06 lower, while setting a $102.84 to $105.42 session range.
United States Natural Gas Fund LP | Currently down 3.57% at $6.76
A tough session dominated by bearish sentiment left UNG 24 cents lower, while setting a $6.69 to $6.94 session range.
-5.92%: BOIL lost 5.92% yesterday, ending at $3.18
A tough session dominated by bearish sentiment left BOIL 20 cents lower, while setting a $3.13 to $3.32 session range.