- Yesterday's star of the day Vanguard Mortgage-Backed Securities ETF appreciates 0.73% while outperforming its peers
- Top laggard iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF gave up 1 cents, or 0.04% yesterday
- European session in progress; markets are rising as CAC added 0.61% to trade at 7,406.
Before today's session begins, here is a reminder of where yesterday's session left us: leading equity indices in the US rose as Nasdaq gained 1.04% and closed at 12,300. S&P 500 closed the day at 4,137.64, having gained 0.45%.
Trading in the US will continue today in around 2 hours time, meanwhile European markets are up as CAC is up by 0.61%, hitting 7,406.
NICE Ltd. and Nutrien Ltd. have released their earnings reports with Take-Two Interactive Software Inc & WalkMe Ltd. are set to publish their respective reports as scheduled.
Uptick coincides with some positive signs published earlier as United States Crude Oil Inventories beat the -917,000 projections, with 2.95 million.
Today's rise takes place amid mixed market indicators — United States Consumer Price Index came out at 4.9%, while a consensus of analysts was expecting 5%. United States Core Consumer Prices released yesterday at 12:30 UTC with a figure of 0.4%, while the previous figure was 0.4%.
Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Producer Price Index is projected to outperform its last figure with 0.3%, having previously been at -0.5%. The figure will be published today at 12:30 UTC.
Also worthy of note, projections for United States Initial Jobless Claims are set for a continuation of decline with 245,000 while previous data was 242,000; data will be released today at 12:30 UTC.
While most assets did well yesterday, some did better than others as Vanguard Mortgage-Backed Securities ETF trades at $46.66 having gained 0.73%. Vanguard Short-Term Corporate Bond ETF (up 0.394%) 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.
Vanguard Mortgage-Backed Securities ETF | Up 0.73% to $46.66 yesterday
With a daily low of $46.49, Vanguard Mortgage-Backed Securities ETF closed yesterday at $46.66, after ending Tuesday at $46.32 and gaining 34 cents (0.73%). The fund disclosed a quarterly dividend of 12.2 cents per share on Thursday, April 27th and was paid on Thursday, May 4th — thereby generating a yield of 1.05% for all eligble investors.