ARKK closed at $39.1 after gaining 1.88% yesterday

Published: May 27 2023, 06:06 GMT+0

ARKK closed at $39.1 after gaining 1.88% 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%.

Nevertheless, Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

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. Notably, Intel rose 5.84% yesterday and closed at $27.4. Netflix went up by 5.54% yesterday, and closed at $378.88.

ARK Innovation ETF has gained 29.05% since its lowest print of $29.64 earlier this year.