Dropping for six consecutive days, Travelers closes at $172.29 (down 0.79%)

Published: May 27 2023, 02:25 GMT+0

Dropping for six consecutive days, Travelers closes at $172.29 (down 0.79%)

Yesterday at a glance: the American insurance company hovered around the $172.29 level after closing Thursday at $173.67 and shedding 0.79%, as it reached reached yesterday's session close.

Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. Fresh CFTC Crude Oil speculative net positions data from United States came out at 193,100.

On the other hand, positive performances could be seen by looking at other financials stocks as American Express gained 4.08%, as it traded at $157.24. Goldman Sachs traded at $332 after closing yesterday's trading day at $323.88 (up 2.51%). The Blackstone Group Inc. added 2.6% to its value, and traded at $85.7.

Approximately 4 months ago, the commercial property insurance company reached a significant high of $193.92 but has struggled to hold onto its gains and declined 10.44% since then.