ARKK added 1.88% to close at $39.1 yesterday

Published: May 27 2023, 04:50 GMT+0

ARKK added 1.88% to close at $39.1 yesterday

A quick look at yesterday: ARK Innovation ETF closed yesterday at $39.1 (with a daily low of $38.38) after ending Thursday at $38.38 and gaining 1.88%.

On the flip side, following a previous reading of 0.3%, Core Durable Goods Orders in United States released yesterday at 12:30 UTC fell short of the 0% figure expected by analysts with an actual reading of -0.2%.

At the same time, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

Other markets are also showing gains as Costco went up by 4.26% yesterday, and closed at $507.26. Intel added 5.84% and closed around $27.4 yesterday. Netflix soars 5.54% yesterday and closed at $359.

This year has been a bright one for ARK Innovation ETF after trading as low as $29.64 and going on to appreciate by 29.05% year to date.