- Direxion Daily Semiconductor Bull 3x Shares plunges 13.59% as session draws to a close IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.
- European markets are dropping as DAX is down by 1%, reaching 14,234
With the trading session drawing to a close, the leading indices are dropping — Nasdaq trades at 11,181 after losing 1.56%. S&P 500 slipping 0.76% and closing at 3,961.39.
European markets are down as DAX is currently down 1% and trading around 14,234. Asia-Pacific markets are in session with varied performances.
Market's down-tick coincides with some negative macro data published earlier as highly important Crude Oil Inventories data from United States beat analyst expectations of -440,000 with a reading of -5.4 million.
Markets are trading lower today despite some positive data published earlier as United States Core Retail Sales came out at 1.3%, better than analyst estimates of 0.4% and improving upon the previous reading of 0.1%. United States Retail Sales beat analyst expectations of 1% and the previous reading of 0% with new data of 1.3%.
Furthermore, United States Philadelphia Fed Manufacturing Index (Nov) is scheduled for tomorrow at 13:30 UTC. United States Existing Home Sales (Oct) is expected Friday. United States Building Permits (Oct) will be released tomorrow at 13:30 UTC.
While markets are generally down so far today, some stocks outperformed such as Vanguard Tax-Exempt Bond ETF gained 0.77% to reach $49.08.
Direxion Daily Semiconductor Bull 3x Shares takes a hit, loses 13.59% of its value. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.
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.
Vanguard Tax-Exempt Bond ETF skyrockets 37.5 cents; sets session high of $49.1
VTEB got off to a strong start by gaining 37.5 cents (+0.77%), only to run out of steam later in the session around $49.1. Currently, VTEB is trading around the $49.08 level.