- Top gainer Vanguard Tax-Exempt Bond ETF appreciates 0.78%; currently at $49.08
- IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF was the biggest decliner after giving up 0.04% yesterday
- European markets have struggled to gain ground and are now trading lower midway through the session.
Yesterday's market activity meant that leading equity indices in the US declined as Nasdaq slipped 1.54% and closed at 11,184. After dropping 0.83%, S&P 500 closed at 3,958.79.
US markets are now currently closed and set to reopen today; meanwhile, 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 dips to 2,443 (down 1.39%).
Markets are trading lower today despite some positive data published earlier as United States Initial Jobless Claims beat the 225,000 projections, with 222,000.
While price action maintains a negative bias, United States Philadelphia Fed Manufacturing Index (Nov) released today at 13:30 UTC with a figure of -19.4, while the previous figure was -8.7. United States Building Permits (Oct) came out at 1.53 million, while a consensus of analysts was expecting 1.51 million.
Furthermore, United States Existing Home Sales (Oct) scheduled to come out tomorrow at 15:00 UTC.
While markets are generally down so far today, some stocks outperformed such as Vanguard Tax-Exempt Bond ETF gained 0.78% to reach $49.08. Vanguard Mortgage-Backed Securities ETF (up 0.616%) is also performing well.
Yesterday's bearishness affected individual stocks as iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF lost 0.04% yesterday before closing at $25.35.
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 Tuesday at $25.36.
VTEB ascends to $49.08 after adding 0.78% yesterday
Yesterday's session pointed in the same direction — a bright session dominated by bullish sentiment helped VTEB to close 38 cents higher, while setting a $48.86 to $49.1 session range.