- IShares MBS ETF was the biggest decliner yesterday after giving up 0.64% IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day yesterday (down 0.039%).
- Asia-Pacific markets are currently mixed so far this session.
Yesterday's market activity meant that leading equity indices in the US declined as Nasdaq lost 0.59% and ended the session at 10,984. S&P 500 slipped 0.16% and closed at 3,957.63.
US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific markets are in session with varied performances. European markets ended a mixed session yesterday whilst FTSE goes up to 7,512 (up 0.51%).
Markets are trading lower today despite some positive data published earlier as data from United States concerning Consumer Confidence was released yesterday at 15:00 UTC. Newly published figures emphasized continued decline from last month's figure of 102.2 to 100.2 this month.
While price action maintains a negative bias, United States API Weekly Crude Oil Stock came out at -7.85 million, while a consensus of analysts was expecting -2.49 million. United States S&P/CS HPI Composite – 20 n.s.a. (YoY) (Sep) released yesterday at 14:00 UTC with a figure of 10.4, while the previous figure was 13.1.
Some optimism can drawn from the fact that United States Pending Home Sales is projected to outperform its last figure with -5%, having previously been at -10.2%. The figure will be published today at 15:00 UTC. United States Crude Oil Inventories is projected to outperform its last figure with -2.76 million. It previously stood at -3.69 million; data will be released today at 15:30 UTC.
Furthermore, United States Core PCE Price Index (MoM) (Oct) is scheduled for tomorrow at 13:30 UTC.
While markets are generally down so far today, some stocks outperformed such as Direxion Daily FTSE China Bull 3X Shares gained 14.88% to reach $39.06.
Yesterday's bearishness affected individual stocks as iShares MBS ETF lost 0.64% yesterday before closing at $92.96. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day yesterday (down 0.039%).
Continuing its recent sideways trend, iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed at $25.35 after a flat day yesterday
Pointing in a similar direction, yesterday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed a flat day of trading at $25.35 yesterday after ending Monday at $25.36.
Risk-on sentiment allowed YINN to post 14.88% gain yesterday
After finishing Monday at $34, Direxion Daily FTSE China Bull 3X Shares went up to $39.62 before paring its losses and closing at $39.06.