- Yesterday's star of the day SPDR S&P Biotech ETF appreciates 4.44% while outperforming its peers
- Top laggard iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF gave up 1 cents, or 0.04% yesterday
- Asia-Pacific session in progress; markets are rising as Nikkei added 1.08% to trade at 28,461.
Before today's session: leading equity indices in the US rose as Nasdaq gained 2% and closed at 12,166. Dow Jones closed the day at 34,030, having gained 1.14%.
US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific equity markets are currently seeing a boost in risk-on sentiment. European markets closed higher yesterday whilst CAC ascends to 7,480.83 (up 1.13%).
Uptick coincides with some positive signs published earlier as United States Crude Oil Inventories came out at 597,000, better than analyst estimates of -583,000 and improving upon the previous reading of -3.74 million.
On a negative note, the market received some disappointing news as United States Producer Price Index published yesterday at 12:30 UTC came out at -0.5%, falling short of the 0.1% projections and continuing its decline from the previous 0% figure. Initial Jobless Claims in United States fell short of market expectations (232,000) with a reading of 239,000, continuing the decline from the previous figure of 228,000.
Furthermore, the market is looking at United States Core Retail Sales projected to come out at -0.3% — worse than previous data of -0.1%; data will be released today at 12:30 UTC.
Also worthy of note, United States Retail Sales figure is projected at -0.4%. It previously stood at -0.4%; data will be released today at 12:30 UTC.
While most assets did well yesterday, some did better than others as SPDR S&P Biotech ETF trades at $79.43 having gained 4.44%. ARK Innovation ETF (up 4%) is also performing well.
Yesterday's bullishness contained stragglers as noticeable risk-on sentiment wasn't enough to prevent iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF giving up 1 cents, or 0.04%, before ending the session at $25.35.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended yesterday's session at $25.35
Following a month of flat trade, Pointing in a similar direction, yesterday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% to close at $25.35 yesterday.
SPDR S&P Biotech ETF | Closed +4.44% at $79.43
SPDR S&P Biotech ETF is on a 6 day bullish run gaining 67 cents (5.37%). On-trend SPDR S&P Biotech ETF closed the session yesterday with more of the same: after finishing Wednesday at $76.05, SPDR S&P Biotech ETF went up to $80 before paring its losses and closing at $79.43.