- Top laggard DOGE gave up $0.004, or 4.03% yesterday Litecoin (down 1.11%), XRP (down 0.58%) also underperformed yesterday.
- FTSE ascends to 7,573 (up 0.81%).
Before today's session: markets closed higher yesterday; S&P 500 ended the session at 4,080 after a 3.09% gain. Nasdaq gained 4.41% and closed at 11,468.
US markets are currently closed but will resume today in around 6 hours time. European markets closed higher yesterday whilst FTSE added 0.81% to trade at 7,573. Upbeat Asia-Pacific markets ended today higher as ASX 200 moves up by 0.96%, reaching 7,354.4.
Uptick coincides with some positive signs published earlier as data for United States Pending Home Sales published yesterday at 15:00 UTC came out at -4.6%, beating projections of -5% and showing improvement over the preceding figure of -8.7%.
On a negative note, the market received some disappointing news as data from United States concerning Crude Oil Inventories was released yesterday at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of -3.69 million to -12.58 million this month.
Today's rise takes place amid mixed market indicators — United States JOLTs Job Openings (Oct) released yesterday at 15:00 UTC with a figure of 10.33 million, while the previous figure was 10.69 million.
Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States Initial Jobless Claims is projected to outperform its last figure with 235,000, having previously been at 240,000. The figure will be published today at 13:30 UTC.
Furthermore, the market is looking at United States Non Farm Payrolls expected to decline to 200,000 while its preceding data was 261,000, data will be available tomorrow at 13:30 UTC.
Furthermore, the market is looking at United States Core PCE Price Index (MoM) (Oct) will be released today at 13:30 UTC.
Yesterday's bullishness contained stock stragglers as DOGE closed at $0.103 having dropped 4.03%. Litecoin (down 1.11%), XRP (down 0.58%) also underperformed yesterday.
DOGE slips $0.004 following previous session close at $0.107
Now turning against its recent performance, Dogecoin slides down from $0.107 to $0.103 today, losing $0.004 (4.03%). DOGE is currently trading with a market cap of 13.67 billion with an average daily volume of 239.50 million.
Litecoin slumps $2.1 following previous session close at $79.25
Bucking the trend and turning lower, LTC is grinding lower from $79.25 to $77.15, shedding $2.1 (2.65%) today. LTC has a market cap of 5.53 billion with an average daily volume of 112.58 million.