PSQ closed at $13.65 after gaining 0.37% today

Published: January 25 2023, 21:41 GMT+0

PSQ closed at $13.65 after gaining 0.37% today

A quick look at today: ProShares Short QQQ closed today at $13.65 (with a daily low of $13.61) after ending yesterday at $13.6 and gaining 0.37%.

Nevertheless, 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. Fresh Cushing Crude Oil Inventories data from United States came out at 4.27 million.

ProShares Short QQQ shows positive signs, other assets are also on par: AT&T went up by 6.58% today, and closed at $20.42.

Meanwhile, after ending today's session at $83.9, NextEra Energy lost $7.31 and is trading around $76.59. HDFC Bank Limited is down to $66.93, losing $4.51, after ending the previous session around $71.44.

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

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.