- Cyren tumbles 38.59% halfway through the session EA (down 11.64%) has also underperformed today.
- European markets are in session with varied performances.
With the trading session well underway, the leading indices are dropping — Dow Jones drawing back 0.72% to 33,840. S&P 500 trades at 4,065 after losing 0.28%.
European markets are currently mixed so far this session. Asia-Pacific markets are up as KOSPI Composite Index goes up by 1.02%, reaching 2,449.8.
Markets are trading lower today despite some positive data published earlier as data for United States Crude Oil Inventories published today at 15:30 UTC came out at 4.14 million, beating projections of 376,000 and showing improvement over the preceding figure of 533,000.
Meanwhile, United States JOLTs Job Openings (Dec) came out at 11 million, while a consensus of analysts was expecting 10.25 million. United States ISM Manufacturing PMI (Jan) released today at 15:00 UTC with a figure of 47.4, while the previous figure was 48.4.
Looking ahead, ongoing depreciation may be prolonged as as things stand, upcoming United States Non Farm Payrolls data is projected to fall short of market expectations with newly published data of 185,000, following on from the preceding figure of 223,000. New data is set to be published Friday. Projections for United States Initial Jobless Claims are set for a continuation of decline with 200,000 while previous data was 186,000; data will be released tomorrow at 13:30 UTC.
Furthermore, United States Interest Rate figure is projected at 4.75. It previously stood at 4.5; data will be released today at 19:00 UTC.
While markets are generally down so far today, some assets outperformed such as Peloton Interactive gained 20.57% to reach $15.59.
Cyren is trading at 46.06 cents, tumbles 38.59%. EA (down 11.64%) has also underperformed today.
Cyren | Currently down 38.59% at 46.06 cents
The state-of-the-art email security software developer slides down from 75 cents to 46.06 cents, losing 28.94 cents (38.59%). As things stand, trading volume is at 1.34 million, above the 21-day average of 101,878.
Peloton retracted 24 cents from 8 months high and trades at $15.59
The interactive fitness platform provider reached $15.83, breaking a 8 months record. Later, it lost 24 cents and is now trading at $15.59. Today's gains are adding to Peloton's a 5 day bullish trend, during which it gained a total of $1.87. Current trading volume stands at 43.79 million; 369% higher than the 21-day average of 11.87 million.
Peloton Interactive is scheduled to announce earnings results today. The consensus Earnings Per Share estimate is -0.67 and the consensus revenue estimate is $710.66 million.