- Vanguard Mortgage-Backed Securities ETF gains 1.14% as the top gainer; currently at $44.09
- Top laggard iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF giving up 1 cents, or 0.04%, so far this session
- European markets are trending positively as CAC added 1.94% to trade at 6,250.55.
With the trading session well underway, markets are up including news that Nasdaq up to 11,123, gaining 1.56%. S&P 500 up to 3,837.7, gaining 1.06%.
European markets are trending positively as CAC leaps up to 6,250.55 (up 1.94%). Asia-Pacific session in progress; markets are rising as Nikkei moves up by 1.02%, reaching 27,250.
Though earnings season has just begun, most of the companies in the S&P 500 reporting Q3 results passed Wall Street estimates. Lockheed Martin and PPG Industries Inc are featured this past week; Microsoft & Alphabet results are expected soon.
On a negative note, the market received some disappointing news as following a previous reading of 107.8, Consumer Confidence in United States released today at 14:00 UTC fell short of the 106.5 figure expected by analysts with an actual reading of 102.5.
Today's rise takes place amid mixed market indicators — United States 2-Year Note Auction released today at 17:00 UTC with a figure of 4.46, while the previous figure was 4.29. United States S&P/CS HPI Composite – 20 n.s.a. (YoY) (Aug) came out at 13.1, while a consensus of analysts was expecting 14.4.
Today's gains are adding to bullish investor sentiment as robust macro data is expected for release later today; United States GDP is projected to outperform its last figure with 2.4, having previously been at -0.6. The figure will be published Thursday. United States Crude Oil Inventories is projected to outperform its last figure with 200,000. It previously stood at -1.73 million; data will be released tomorrow at 14:30 UTC.
Furthermore, the market is looking at as things stand, upcoming United States Core Durable Goods Orders data is projected to fall short of market expectations with newly published data of 0.2%, following on from the preceding figure of 0.3%. New data is set to be published Thursday.
While indices are generally bullish today, some individual stock performances stood out as Vanguard Mortgage-Backed Securities ETF trades at $44.09 having gained 1.14%. IShares Core Total USD Bond Market ETF (up 0.892%) is also performing well.
Risk-on sentiment couldn't save iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF from giving up 1 cents, or 0.04%, so far this session – currently trading at $25.35.
Vanguard Mortgage-Backed Securities ETF skyrockets to $44.09
Vanguard Mortgage-Backed Securities ETF went up to $44.21 only to drop back to some of the way and is now trading at $44.09.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF continues trading sideways, currently at $25.35
Today's session so far looks to be heading in a similar way — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is trading at $25.35 after closing the previous day at $25.36.