Markets broadly flat midway through the trading day

Published: September 19 2022, 15:00 GMT+0

Markets broadly flat midway through the trading day

  • Bright Health moves 8.33% by midday IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.
  • European markets are in session with varied performances.

The trading session is well on its way, markets are currently flat. Dow Jones up 0.15%, trading at 30,869. S&P 500 holds at 3,876. Nasdaq trades sideways at 11,450.

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 & Autozone Inc have release their reports.

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as Wednesday data for United States Crude Oil Inventories will be released, with an expected decline to 833,000 from the preceding figure of 2.44 million. United States Interest Rate is expected Wednesday. United States Building Permits (Aug) is expected tomorrow at 12:30 UTC.

While markets are generally sideways so far today, these stocks are pulling ahead as Wix up 9.84% trading at $80.94.

Despite lacklustre price action, some stocks are lagging behind their peers as Bright Health takes a hit, loses 8.33% of its value. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.

Today's losses are adding to a 5 day bearish run, during which Bright Health Group Inc. lost 30 cents of its value.

IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF still looks indecisive as it trades even 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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