ProShares Short QQQ climbs to $13.66 (+0.44%)

Published: January 25 2023, 19:25 GMT+0

ProShares Short QQQ climbs to $13.66 (+0.44%)

ProShares Short QQQ trades at $13.66 after gaining 6.04 cents (0.44%).

On the flip side, highly important Crude Oil Inventories data from United States beat analyst expectations of 971,000 with a reading of 533,000.

At the same time, United States 5-Year Note Auction released today at 18:00 UTC with a figure of 3.53, while the previous figure was 3.973. United States Cushing Crude Oil Inventories came out at 4.27 million.

Other markets are also showing gains as having closed the previous session at $19.16, AT&T is up 5.9% today to currently trade at around $20.29.

Meanwhile, NextEra Energy is trading around $77.5 (down $6.4). HDFC Bank Limited is down to $67.8, losing $3.64, after closing at $71.44 in the preceding trading session.

Furthermore, the market is looking at as things stand, upcoming United States Core Durable Goods Orders data is projected to fall short of market expectations with newly published data of -0.2%, following on from the preceding figure of 0.1%. New data is set to be published tomorrow at 13:30 UTC. Tomorrow at 13:30 UTC data for United States GDP will be released, with an expected decline to 2.6 from the preceding figure of 3.2. Tomorrow at 13:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 205,000 from the preceding figure of 190,000.

This year has been a gloomy one for ProShares Short QQQ after trading as high as $15.25 and going on to lose 8.23% of its value.

Back