- Yesterday's star of the day Welltower appreciates 8.22% while outperforming its peers
- European markets are down as DAX is down by 0.71%, retreats to 13,591
Yesterday's market activity meant that markets closed higher yesterday, as Dow Jones closed the day at 33,161, having gained 1.02%. S&P 500 ended the session at 3,828 after a 0.56% gain.
US markets are currently closed but will resume today in around 4 hours time. European markets have struggled to gain ground and are now trading lower midway through the session. Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index added 1.06% to trade at 2,424.41.
Today's rise takes place amid mixed market indicators — United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of 5.62 million, while the previous figure was -6.53 million. United States 3-Year Note Auction released yesterday at 18:00 UTC with a figure of 4.605, while the previous figure was 4.318.
Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Crude Oil Inventories is projected to outperform its last figure with 1.36 million, having previously been at -3.12 million. The figure will be published today at 15:30 UTC.
The market is looking forward to the release of new data: United States Consumer Price Index is expected tomorrow at 13:30 UTC. United States Core Consumer Prices figure is projected at 0.5%. It previously stood at 0.6%; data will be released tomorrow at 13:30 UTC.
While most stocks did well yesterday, some did better than others as Welltower trades at $66.51 having gained 8.22%. Aramark (up 3.17%) and Sun Communities (up 2.85%) also performed well yesterday.
Welltower appreciates 8.22% with $68.54 as the high of the day
Yesterday's session pointed in the same direction — after closing Monday at $61.46, Welltower Inc closed at $66.51 yesterday after climbing to $68.54 and dropping back down. The company has a market cap of $30.82 billion with an average daily trading volume of 2.67 million shares. So far in 2022, it has been outperforming the S&P 500 by 1.78%.
Welltower trades at $66.51 after the company released its quarterly results.
Sun Communities has increased a total of $2.48 over the past 4 days, with yesterday's session contributing to the uptrend. The day's trading volume totalled 965,885 shares — slightly below the 21-day average of 993,618.