- Invesco Senior Loan ETF was the biggest decliner after giving up 0.81% yesterday As things stand, ETFMG Sit Ultra Short ETF (down 0.537%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- European markets are sideways.
A reminder of where yesterday ended before the next session begins: leading equity indices in the US declined as after dropping 1.44%, S&P 500 closed at 3,941.26. Nasdaq was down 2% before closing the session at 11,000.
US markets are now currently closed and set to reopen today; meanwhile, European markets have no obvious direction. Asia-Pacific markets were down today as ASX 200 retreats to 7,229.4 (down 0.85%).
Meanwhile, United States ISM Non-Manufacturing PMI (Nov) came out at 56.5, while a consensus of analysts was expecting 53.3. United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of -6.43 million, while the previous figure was -7.85 million. United States Trade Balance (Oct) came out at -78.2 billion.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Initial Jobless Claims projected to decline to 230,000 while previous data was 225,000; data will be released tomorrow at 13:30 UTC.
In addition, United States Crude Oil Inventories is projected to outperform its last figure with -3.31 million. It previously stood at -12.58 million; data will be released today at 15:30 UTC.
Furthermore, United States Producer Price Index is expected Friday.
Yesterday's bearishness meant that Invesco Senior Loan ETF lost 0.81% yesterday before closing at $20.71. ETFMG Sit Ultra Short ETF (down 0.537%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
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.
VALT closed at $48.14 after losing 0.54% yesterday
ETFMG Sit Ultra Short ETF ended yesterday at $48.14 following from closing Monday at $48.4. Overall, this represents a loss of 26 cents or 0.54%.