- Yesterday’s star of the day iShares J.P. Morgan USD Emerging Markets Bond ETF appreciates 1.06% while outperforming its peers
- Top laggard iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF gave up 1 cents, or 0.04% yesterday
- European markets are in session with varied performances.
Yesterday’s market activity meant that markets were up yesterday; Dow Jones ended the session at 30,524 after a 1.12% gain. S&P 500 closed the day at 3,720, having gained 1.14%.
US markets are now currently closed and set to reopen today; meanwhile, European markets are currently mixed so far this session. Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index draws back to 2,237.44 (down 0.56%).
With Q3 earnings season getting underway, around 82.35% of US companies have beaten market estimates. This past week, UnitedHealth & Johnson & Johnson published their earnings reports while Microsoft & Alphabet are scheduled to release their results in the coming days.
Today’s rise takes place amid mixed market indicators — United States API Weekly Crude Oil Stock released yesterday at 20:30 UTC with a figure of -1.27 million, while the previous figure was 7 million. United States TIC Net Long-Term Transactions (Aug) came out at 197.9 billion, while a consensus of analysts was expecting 28.2 billion. Data for United States Industrial Production published yesterday at 13:15 UTC came out at 0.4%, beating projections of 0.1% and showing improvement over the preceding figure of -0.1%.
Also worthy of note, United States Crude Oil Inventories projected to decline to 1.38 million while previous data was 9.88 million; data will be released today at 14:30 UTC.
Furthermore, the market is looking at United States Philadelphia Fed Manufacturing Index (Oct) will be released tomorrow at 12:30 UTC. United States Existing Home Sales (Sep) is expected tomorrow at 14:00 UTC.
While most stocks did well yesterday, some did better than others as iShares J.P. Morgan USD Emerging Markets Bond ETF trades at $79.06 having gained 1.06%. Invesco Senior Loan ETF (up 0.58%).
Yesterday’s bullishness contained stock 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.
Following a flat day yesterday, iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed at $25.35 continuing its recent flat trend
Pointing in a similar direction, yesterday’s session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed a flat day of trading at $25.35 yesterday after ending Monday at $25.36.
BKLN closed at $20.8 after gaining 0.58% yesterday
Yesterday’s session pointed in the same direction — Invesco Senior Loan ETF closed yesterday at $20.8 (with a daily low of $20.69) after ending Monday at $20.68 and gaining 0.58%.