- Globant S.A. was the biggest decliner yesterday after giving up 7.33% As things stand, TransUnion (down 5.95%) and Bright Horizons Family Solutions (down 5.58%) are underperforming today
- European markets have struggled to gain ground and are now trading lower midway through the session.
A reminder of where yesterday ended before the next session begins: leading equity indices in the US declined as Dow Jones closed at 33,200, a 2.25% change. S&P 500 lost 2.49% and ended the session at 3,895.75.
US markets are now currently closed and set to reopen today; meanwhile, European markets are down as FTSE slides down to 7,333.61 (down 1.25%). Asia-Pacific markets were down today as Nikkei is currently down 1.87% and trading around 27,527.
Market's down-tick coincides with some negative macro data published earlier as data from United States concerning Core Retail Sales was released yesterday at 13:30 UTC. Newly published figures emphasized continued decline from last month's figure of 1.2% to -0.2% this month. Data from United States concerning Retail Sales was released yesterday at 13:30 UTC. Newly published figures emphasized continued decline from last month's figure of 1.3% to -0.6% this month.
Meanwhile, United States Philadelphia Fed Manufacturing Index (Dec) released yesterday at 13:30 UTC with a figure of -13.8, while the previous figure was -19.4.
Yesterday's bearishness meant that Globant S.A. lost 7.33% yesterday before closing at $169.13. As things stand, TransUnion (down 5.95%), Bright Horizons Family Solutions (down 5.58%) are also underperforming today.
A bad day for TransUnion yesterday, losing 5.95%
The US consumer data business drops by 5.95% ($3.71), its largest single-day drop since Nov 3. TransUnion has dropped 34 cents over the past 3 days; yesterday's session continued this downtrend. Daily trading volume (1.88 million shares) increased, making up 149% of the 21-day average (1.26 million).
Bright Horizons Family Solutions | Currently down 5.58% at $64.81
Bright Horizons Family Solutions's bearish run has lasted 3 days so far (-80 cents). Yesterday's session continued the recent downtrend: after ending Wednesday at $68.64, Bright Horizons Family Solutions declined to $64.72 yesterday before closing at $64.81, thereby losing 5.58% in total. The day's trading volume totalled 424,869 shares — slightly below the 21-day average of 464,476.