ARK Innovation ETF is trading at $37.48 following disappointing Crude Oil Inventories data from the United States

Published: January 25 2023, 20:01 GMT+0

ARK Innovation ETF is trading at $37.48 following disappointing Crude Oil Inventories data from the United States

As the current session draws to a close, ARK Innovation ETF remains in the $35.68 – $37.49 range after dropping 0.01%.

  • United States's Crude Oil Inventories new data released of 533,000 below its previous figure.

Highly important Crude Oil Inventories data from United States beat analyst expectations of 971,000 with a reading of 533,000. 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.

As things stand, upcoming United States Core Durable Goods Orders data is projected to fall short of market expectations with newly published data of -0.2%, following on from the preceding figure of 0.1%. New data is set to be published tomorrow at 13:30 UTC. United States GDP expected to decline to 2.6 while its preceding data was 3.2, data will be available tomorrow at 13:30 UTC.

NextEra Energy is trading around $77.16 (down $6.74). AT&T shoots up 6.13% to trade around $20.34. HDFC Bank Limited is down to $67.66, losing $3.78, after closing at $71.44 in the preceding trading session.

ARK Innovation ETF has gained 23.05% since its lowest print of $29.64 earlier this year.

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