Higher US market close yesterday aids European markets

• Market leader Arrival puts in stellar performance, gaining 100%; currently at 54 cents
• Top laggard Taboola gave up 20 cents, or 5.9% yesterday
• European markets are up as FTSE moves up to 7,843.62 (up 0.64%).

Ahead of today's session: markets had an interesting day yesterday; Dow Jones closed the day at 34,200, having gained 0.64%. Nasdaq gained 0.64% and closed at 11,000. S&P 500 ended the session at 3,983.17 after a 0.34% gain. The Energy sector gained 2.18%.

US markets are currently closed but will resume today in around 5 hours time. European markets are trending positively as FTSE added 0.64% to trade at 7,843.62. Asia-Pacific markets ended a mixed session today whilst Nikkei slips to 26,120 (down 1.25%).

In a good day for stocks and bonds, US government bond yields suffered as investor attention turned toward a hawkish Fed. The iShares U.S. Treasury Bond ETF has gone up 0.82% to trade at $23.38, thereby indicating that government bond yields were downbeat across the yield curve.

Uptick coincides with some positive signs published earlier as United States Initial Jobless Claims beat analyst expectations of 215,000 and the previous reading of 206,000 with new data of 205,000.

Today's rise takes place amid mixed market indicators -- United States Consumer Price Index released yesterday at 13:30 UTC with a figure of -0.1%, while the previous figure was 0.1%. United States Core Consumer Prices came out at 0.3%, while a consensus of analysts was expecting 0.3%.

While most stocks did well yesterday, some did better than others as Arrival trades at 54 cents having gained 100%. Carvana Co. (up 46%) is also performing well.

Yesterday's bullishness contained stock stragglers as Taboola closed at $3.19 having dropped 5.9%.

Arrival | +100% at 54 cents

• The electric vehicles supplier has gained 397.03% since its lowest print of 15 cents earlier this year.
• Arrival is up 27 cents to 54 cents, building upon four consecutive days of gains.
• Arrival has posted further gains as part of a 4 day trend that has already seen the stock gain 7 cents.

The electric vehicles supplier has managed to gain 397.03% so far this year despite trading at lows around 15 cents previously. So far in 2022, it has performed better than the Nasdaq by 391.41%. The company's market cap currently stands at $344.71 million with an average daily volume of 8.00 million shares.

Daily trading volume (2 million shares) was above the current multiday average of 1.40 million.?