- Snap was the biggest decliner after giving up 5.72% today Norwegian Cruise Line had a negative day today (down 4.26%).
- European markets ended a mixed session today whilst DAX increases to 15,632 (up 0.46%).
Before tomorrow's session: markets completed a mixed session today, as Nasdaq gained 0.4% and closed at 11,576. Dow Jones slipped 0.18% and closed at 32,800.
US markets are currently closed but will resume tomorrow in around 16 hours time. European markets ended a mixed session today whilst DAX added 0.46% to trade at 15,632. Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index falls to 2,432 (down 1.28%).
Thor Industries, Inc. and Tremor International Ltd have released their earnings reports with Five Below, Inc. and ZTO Express (Cayman) Inc. are set to publish their respective reports as scheduled.
Ambiguous macro data is influencing the market as data from United States concerning Crude Oil Inventories was released today at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of 1.17 million to -1.69 million this month. United States JOLTs Job Openings (Jan) came out at 10.82 million, while a consensus of analysts was expecting 10.5 million. United States ADP Nonfarm Employment Change (Feb) released today at 13:15 UTC with a figure of 242,000, while the previous figure was 119,000.
Data to be released tomorrow might clear up some of the market fog as United States Non Farm Payrolls expected to decline to 203,000 while its preceding data was 517,000, data will be available Friday. Tomorrow at 13:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 195,000 from the preceding figure of 190,000. United States Unemployment Rate is expected Friday.
While markets were generally sideways today, these assets pulled ahead as JBG SMITH up 2.45% trading at $16.3.
Despite lacklustre price action, some assets lagged behind their peers as Snap lost 5.72% today before closing at $11.05. Norwegian Cruise Line had a negative day today (down 4.26%).
Daily trading volume (15.64 million shares) was slightly above the current multiday average of 13.98 million.
Snap suffers largest single-day drop since Feb 8
Snap traded at $11.05 after making its biggest single-day drop of 67 cents (5.72%) since Feb 8. The volume of trade was 34.70 million shares, close to the daily average of 34.67 million shares.