- IShares Core Total USD Bond Market ETF tumbles 0.87% by midday Vanguard Total International Bond ETF (down 0.722%) has also underperformed today.
- European markets are in session with varied performances.
With the trading session well underway, markets are mixed with Nasdaq drawing back 0.19% to 10,526. Dow Jones up to 32,800, gaining 0.15%.
European markets are currently mixed so far this session. Asia-Pacific markets have struggled to gain ground and are now trading lower midway through the session.
This limbo state is reflected by market data published as United States Building Permits (Nov) came out at 1.34 million, while a consensus of analysts was expecting 1.49 million. United States Housing Starts (Nov) released today at 13:30 UTC with a figure of 1.43 million, while the previous figure was 1.43 million. United States Building Permits released today at 13:30 UTC with a figure of -11.2%, while the previous figure was -3.3%.
Data to be released later is expected to clarify investor sentiment while boosting price action volatility as United States Crude Oil Inventories expected to decline to -167,000 while its preceding data was 10.23 million, data will be available tomorrow at 15:30 UTC. United States Initial Jobless Claims projected to come out at 222,000 — worse than previous data of 211,000; data will be released Thursday. United States Existing Home Sales (Nov) is scheduled for tomorrow at 15:00 UTC.
Despite lacklustre price action, some stocks are lagging behind their peers as iShares Core Total USD Bond Market ETF seems to be down today, losing 0.87% of its value. Vanguard Total International Bond ETF (down 0.722%) has also underperformed today.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Currently steady around $25.35
It's been more of the same this session on the back of a month of flat trade, 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.
IShares Core Total USD Bond Market ETF | Currently down 0.87% at $45.38
IShares Core Total USD Bond Market ETF has been losing ground for 8 days, shedding a total of 15.74% of its value. Similar trend today: iShares Core Total USD Bond Market ETF is consolidating around the $45.38 level after dropping 40 cents at the start of the trading session.