Markets fall as trading session comes to a close

Published: September 20 2022, 19:00 GMT+0

Markets fall as trading session comes to a close

  • Sotera Health moves 15.16% as session draws to a close As things stand, Bright Health (down 5.2%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
  • European markets are dropping as CAC is down by 1.35%, stumbles to 5,979.47

With the trading session drawing to a close, the leading indices are falling — Dow Jones drawing back 1.28% to 30,621. S&P 500 slipping 1.28% and closing at 3,850. Nasdaq drawing back 1.04% to 11,400.

European markets are down as CAC stumbles to 5,979.47 (down 1.35%). Asia-Pacific session in progress; markets are rising as ASX 200 is up by 1.29%, hitting 6,806.4.

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

Amid the market gloom, United States Building Permits (Aug) released today at 12:30 UTC with a figure of 1.52 million, while the previous figure was 1.69 million. United States 20-Year Bond Auction came out at 3.82. United States Housing Starts (Aug) came out at 1.57 million, while a consensus of analysts was expecting 1.45 million.

With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Crude Oil Inventories expected to decline to 2.32 million while its preceding data was 2.44 million, data will be available tomorrow at 14:30 UTC. United States Initial Jobless Claims projected to decline to 218,000 while previous data was 213,000; data will be released Thursday.

Furthermore, United States Interest Rate figure is projected at 3.25. It previously stood at 2.5; data will be released tomorrow at 18:00 UTC.

Sotera Health is trading at $8.34, moves 15.16%. As things stand, Bright Health (down 5.2%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are also underperforming today.

Sotera Health sheds 15.16%; sets session low of $8

Similar trend today: Sotera Health Company falls $1.49 as trading session draws to a close around the $8.34 level. Sotera Health has a market cap of $2.36 billion with an average daily volume of 2.24 million shares.

Bright Health sheds 5.2%; sets session low of $1.13

More of the same today: Bright Health ended yesterday at $1.25 and dropped 5.2% today as it reaches the end of the current session. The company's market cap is $746.19 million with an average daily trading volume of 1.90 million shares. So far in 2022, it has been under-performing the Nasdaq by 29.14%.