- Top laggard XRP gave up $0.006, or 1.43% yesterday TRON had a negative day yesterday (down 0.176%).
- European markets are currently mixed so far this session.
A reminder of where yesterday left off before today's session begins: markets had an interesting day yesterday; Dow Jones closed the day at 31,500, having gained 1.34%. S&P 500 ended the session at 3,797.34 after a 1.19% gain.
Trading in the US will continue today in around 4 hours time, meanwhile European markets are in session with varied performances. Upbeat Asia-Pacific markets ended today higher as Nikkei is up by 1.02%, hitting 27,250.
With Q3 earnings season getting underway, around 77.78% of US companies have beaten market estimates so far. This past week, Lockheed Martin & PPG Industries Inc published their earnings reports while Microsoft and Alphabet are scheduled to release their results in the coming days.
Today's rise takes place amid mixed market indicators — United States Services PMI released yesterday at 13:45 UTC with a figure of 46.6, while the previous figure was 49.3. United States Composite PMI came out at 47.3, while a consensus of analysts was expecting 49.3. United States Manufacturing PMI released yesterday at 13:45 UTC with a figure of 49.9, while the previous figure was 52.
Yesterday's gains have given market bulls further impetus to expect strong macro data going forward, such as United States GDP is projected to outperform its last figure with 2.4. It previously stood at -0.6; data will be released Thursday. United States Crude Oil Inventories is projected to outperform its last figure with 200,000. It previously stood at -1.73 million; data will be released tomorrow at 14:30 UTC.
Furthermore, the market is looking at Thursday data for United States Core Durable Goods Orders will be released, with an expected decline to 0.2% from the preceding figure of 0.3%.
While most stocks did well yesterday, some did better than others as BCH trades at $108.68 having gained 0.72%.
Yesterday's bullishness contained stock stragglers as XRP closed at $0.447 having dropped 1.43%. TRON had a negative day yesterday (down 0.176%).
Ripple ended the previous session at $0.454; currently trading at $0.447
Ripple slides down from $0.454 to $0.447 today, losing $0.006 (1.43%). Ripple has a market cap of 22.30 billion with an average daily volume of 6.10 million.
Bitcoin Cash cryptocurrency trades up $0.779, approximately 0.72% higher this afternoon
This session seems to remain in the same lane for now — Bitcoin Cash trades at $108.68 after gaining $0.779 (0.72%). Bitcoin Cash is currently trading with a market cap of 2 billion with an average daily volume of 7.70 million.