Flat day for VOO as the fund stays anchored around $367.56

Published: January 25 2023, 21:00 GMT+0

Flat day for VOO as the fund stays anchored around $367.56

As the current session draws to a close, Vanguard S&P 500 ETF remains in the $361.68 – $368.16 range after dropping 0.05%.

This uncertain state for Vanguard S&P 500 ETF is reflected by published market data as Crude Oil Inventories in United States fell short of market expectations (971,000) with a reading of 533,000, continuing the decline from the previous figure of 8.41 million. 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 came out at 4.27 million.

While Vanguard S&P 500 ETF is pretty flat so far today, mixed performances are seen elsewhere as NextEra Energy is down to $76.64, losing $7.26, after closing at $83.9 in the preceding trading session. AT&T gained 6.45% and is now trading at $20.39. HDFC Bank Limited closed at $67.08 (down 6.1%).

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as United States Core Durable Goods Orders projected to come out at -0.2% — worse than previous data of 0.1%; data will be released tomorrow at 13:30 UTC. United States GDP projected to come out at 2.6 — worse than previous data of 3.2; data will be released tomorrow at 13:30 UTC. Projections for United States Initial Jobless Claims are set for a continuation of decline with 205,000 while previous data was 190,000; data will be released tomorrow at 13:30 UTC.

Vanguard S&P 500 ETF has managed to gain 5.07% so far this year despite trading at lows around $327.64 previously.

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