- Top laggard KraneShares CSI China Internet ETF gave up $1.05, or 3.89% Friday Vanguard Short-Term Inflation-Protected Securities ETF (down 0.273%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed Friday.
- European markets are currently lower as trading gets underway.
Friday's trading session saw to it that markets were up Friday; Dow Jones ended the session at 33,746 after a 0.59% gain. S&P 500 gained 0.48% and closed at 3,965.34.
Trading in the US will continue today in around 5 hours time, meanwhile European markets are dropping as DAX draws back to 14,357 (down 0.52%). Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index is currently down 1.02% and trading around 2,419.5.
Friday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%. It previously stood at -0.5%; data will be released Wednesday.
Furthermore, the market is looking at Wednesday data for United States Initial Jobless Claims will be released, with an expected decline to 225,000 from the preceding figure of 222,000.
Elsewhere, United States New Home Sales (Oct) is expected Wednesday.
Friday's bullishness contained stock stragglers as KraneShares CSI China Internet ETF closed at $25.91 having dropped 3.89%. Vanguard Short-Term Inflation-Protected Securities ETF (down 0.273%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed Friday.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed at $25.35 after a flat day Friday, continuing its recent sideways trend
Pointing in a similar direction, Friday'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 Friday after ending Thursday at $25.36.
VTIP falls back to $47.47 after shedding 0.27% Friday
Friday's session continued the recent downtrend: a tough session dominated by bearish sentiment left VTIP 13 cents lower, while setting a $47.46 to $47.58 session range.