- Market leader Litecoin puts in stellar performance, gaining 3.9%; currently at $62.66
- European markets are in session with varied performances.
A reminder of where yesterday ended before the next session begins: markets closed higher yesterday, as S&P 500 ended the session at 3,956.37 after a 5.54% gain. Dow Jones closed the day at 33,700, having gained 3.7%.
US markets are now currently closed and set to reopen today; meanwhile, European markets are currently mixed so far this session. Asia-Pacific markets closed higher today whilst ASX 200 added 2.79% to trade at 7,158.
In a good day for stocks and bonds, US government bond yields suffered as investor attention turned toward a hawkish Fed. The iShares U.S. Treasury Bond ETF has gone up 1.61% to trade at $22.67, thereby indicating that government bond yields were downbeat across the yield curve.
Today's rise takes place amid mixed market indicators — United States Core Consumer Prices came out at 0.3%, while a consensus of analysts was expecting 0.5%. United States Consumer Price Index released yesterday at 13:30 UTC with a figure of 0.4%, while the previous figure was 0.4%. Fresh Consumer Price Index data from United States came out at 7.7%.
While most stocks did well yesterday, some did better than others as Litecoin trades at $62.66 having gained 3.9%. Polygon Matic (up 14.25%) and BNB (up 5.28%) also performed well yesterday.
Polygon Matic ended the previous session at $1.13; currently trading at $1.07
MaticNetwork USD recovering almost all the way back to $1.13 today, after dipping down to $1.03. Polygon Matic has a market cap of 9.30 billion with an average daily volume of 218.25 million.
BNB descends $9.54 following previous session close at $303.43
Binance Coin is grinding lower from $303.43 to $293.9, shedding $9.54 (3.14%) today. BNB is currently trading with a market cap of 47 billion with an average daily volume of 246.18 million.