Trading day in full swing, markets are up so far

Published: September 19 2022, 17:00 GMT+0

Trading day in full swing, markets are up so far

  • Top laggard Sotera Health giving up $2.81, or 19.1%, so far this session Bright Health (down 10.24%) has also underperformed today.
  • European markets are currently mixed so far this session.

With the trading session well underway, the leading indices are showing gains — Dow Jones up 0.16%, trading at 30,873. Nasdaq holds at 11,462. S&P 500 up to 3,878, gaining 0.12%.

European markets are in session with varied performances. Asia-Pacific markets have struggled to gain ground and are now trading lower midway through the session.

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

Also worthy of note, United States Crude Oil Inventories projected to decline to 833,000 while previous data was 2.44 million; data will be released Wednesday.

Elsewhere, United States Interest Rate figure is projected at 3.25. It previously stood at 2.5; data will be released Wednesday. United States Building Permits (Aug) is expected tomorrow at 12:30 UTC.

Sotera Health moves 19.1% to trade at $11.92. Bright Health (down 10.24%) has also underperformed today.

Bright Health currently down 10.24% prior to afternoon session

More of the same today: Bright Health is deeply in the red after losing 10.24%, trading down to $1.24. Bright Health is currently trading with a market cap of $780 million with an average daily volume of 1.83 million shares. So far in 2022, it has been doing worse than the Nasdaq by 24.6%.

Sotera Health is on its way to worst day, dropping by $2.81

Sotera Health down by $2.81 (19.1%). This is the largest single day drop since Mar 2. Today's losses are adding to a 5 day bearish run, during which Sotera Health lost $1.7 of its value. Current trading volume stands at 3 million; 205% higher than the 21-day average of 1.50 million.