Risk-on mood helps PSQ post 0.33% gain today

Published: January 25 2023, 21:15 GMT+0

Risk-on mood helps PSQ post 0.33% gain today

Today at a glance: with a daily low of $13.61, ProShares Short QQQ closed today at $13.64, after ending yesterday at $13.6 and gaining 4.5 cents (0.33%).

On the flip side, data from United States concerning Crude Oil Inventories was released today at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of 8.41 million to 533,000 this month.

Meanwhile, 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 released today at 15:30 UTC with a figure of 4.27 million, while the previous figure was 3.65 million.

Other markets are also showing gains as AT&T shoots up 6.58% today and closed at $19.16.

Meanwhile, NextEra Energy is down to $76.62, losing $7.28, after ending the previous session around $83.9. HDFC Bank Limited dips 6.3% today and closed at $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%. United States GDP projected to decline to 2.6 while previous data was 3.2; data will be released tomorrow at 13:30 UTC. United States Initial Jobless Claims expected to decline to 205,000 while its preceding data was 190,000, data will be available 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.