Markets are down midway through the trading session

Published: September 19 2022, 16:00 GMT+0

Markets are down midway through the trading session

  • Bright Health moves 9.06% halfway through the session IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.
  • European markets are in session with varied performances.

With the trading session well underway, the leading indices are dropping — Nasdaq trades at 11,400 after losing 0.43%. S&P 500 drawing back 0.32% to 3,861. Dow Jones slipping 0.21% and closing at 30,758.

European markets are currently mixed so far this session. Asia-Pacific markets have struggled to gain ground and are now trading lower midway through the session.

The earnings season is coming to an end and Adobe & FedEx Corp have release their reports.

Looking ahead, ongoing depreciation may be prolonged as United States Crude Oil Inventories projected to decline to 833,000 while previous data was 2.44 million; data will be released Wednesday.

Furthermore, United States Interest Rate figure is projected at 3.25. It previously stood at 2.5; data will be released Wednesday. United States Building Permits (Aug) scheduled to come out tomorrow at 12:30 UTC.

While markets are generally down so far today, some stocks outperformed such as Wix gained 10.5% to reach $81.42.

Bright Health takes a hit, loses 9.06% of its value. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.

Bright Health currently down 9.06% prior to afternoon session

Similar trend today: tough session sees Bright Health shedding 9.06% in early trade Bright Health is currently trading with a market cap of $790.27 million with an average daily trading volume of 1.83 million shares. So far in 2022, it has been under-performing the Nasdaq by 24.6%.

Stagnant iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF mostly flat, trades at $25.35

Today's session so far looks to be heading in a similar way — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is trading at $25.35 after closing the previous day at $25.36.

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