- KraneShares CSI China Internet ETF crashes 6.87% halfway through the session As things stand, ARK Innovation ETF (down 6.11%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- European markets have struggled to gain ground and are now trading lower midway through the session.
The trading session is well on its way, the leading indices are currently lower — Dow Jones slipping 1.59% and closing at 32,634. S&P 500 trades at 3,765 after losing 1.65%.
European markets have struggled to gain ground and are now trading lower midway through the session. Asia-Pacific markets are currently mixed so far this session.
Markets are trading lower today despite some positive data published earlier as highly important Crude Oil Inventories data from United States beat analyst expectations of 1.36 million with a reading of 3.92 million.
Amid the market gloom, United States 10-Year Note Auction released today at 18:00 UTC with a figure of 4.14, while the previous figure was 3.93. United States Cushing Crude Oil Inventories released today at 15:30 UTC with a figure of -923,000, while the previous figure was 1.27 million.
Furthermore, United States Consumer Price Index is expected tomorrow at 13:30 UTC. United States Core Consumer Prices figure is projected at 0.5%. It previously stood at 0.6%; data will be released tomorrow at 13:30 UTC. United States Consumer Price Index figure is projected at 8%. It previously stood at 8.2%; data will be released tomorrow at 13:30 UTC.
KraneShares CSI China Internet ETF is trading at $20.93, crashes 6.87%. As things stand, ARK Innovation ETF (down 6.11%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are also underperforming today.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF still looks indecisive as it trades even 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.
Today's losses are adding to a 3 day bearish run, during which KraneShares CSI China Internet ETF lost 33 cents of its value.