Risk-on mood helps PSQ post 0.37% gain today

Published: January 25 2023, 23:15 GMT+0

Risk-on mood helps PSQ post 0.37% gain today

Today at a glance: with a daily low of $13.61, ProShares Short QQQ closed today at $13.65, after ending yesterday at $13.6 and gaining 5 cents (0.37%).

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.

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 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 went up by 6.58% today, and closed at $20.42.

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

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.

So far this year, ProShares Short QQQ has declined 8.23% while touching highs around $15.25 earlier this year.