- Peloton leader Vanguard Mortgage-Backed Securities ETF gains 0.54%; currently at $46.39
- IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% by midday
- European markets are showing gains.
With the trading session well underway, markets are mixed with Nasdaq trades at 11,000 after losing 0.26%. Dow Jones goes up 0.17%, trading at 33,654.
European equity markets are currently seeing a boost in risk-on sentiment. Asia-Pacific markets are dropping as ASX 200 retreats to 7,229.4 (down 0.85%).
This limbo state is reflected by market data published as highly important Crude Oil Inventories data from United States beat analyst expectations of -3.31 million with a reading of -5.19 million. United States ISM Non-Manufacturing PMI (Nov) came out at 56.5, while a consensus of analysts was expecting 53.3. United States Cushing Crude Oil Inventories released today at 15:30 UTC with a figure of -373,000, while the previous figure was -415,000.
Data to be released later is expected to clarify investor sentiment while boosting price action volatility as projections for United States Initial Jobless Claims are set for a continuation of decline with 230,000 while previous data was 225,000; data will be released tomorrow at 13:30 UTC. United States Producer Price Index is expected Friday.
While markets are generally sideways so far today, these stocks are pulling ahead as Vanguard Mortgage-Backed Securities ETF up 0.54% trading at $46.39. IShares MBS ETF is doing well and gains 0.532%.
Despite lacklustre price action, some stocks are lagging behind their peers as iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is currently trading at $25.35 after declining 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 shoots up to $46.39 since opening around $46.32 (up 0.54% today)
VMBS got off to a strong start by gaining 25 cents (+0.54%), only to run out of steam later in the session around $46.52. Currently, VMBS is trading around the $46.39 level.