Flat day for VOO as the fund stays anchored around $368.12

Published: January 25 2023, 20:11 GMT+0

Flat day for VOO as the fund stays anchored around $368.12

Vanguard S&P 500 ETF is trading at $368.12 after closing the previous day at $367.75.

This uncertain state for Vanguard S&P 500 ETF is reflected by published market data as following a previous reading of 8.41 million, Crude Oil Inventories in United States released today at 15:30 UTC fell short of the 971,000 figure expected by analysts with an actual 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. Fresh Cushing Crude Oil Inventories data from United States came out at 4.27 million.

Meanwhile, mixed performances are seen elsewhere as after ending yesterday's session at $83.9, NextEra Energy lost $6.39 and is trading around $77.51. Having closed the previous session at $19.16, AT&T is up 6.13% today to currently trade at around $20.34. HDFC Bank Limited is down to $67.52, losing $3.92, after closing at $71.44 in the preceding trading session.

Moreover, United States Core Durable Goods Orders projected to decline to -0.2% while previous data was 0.1%; data will be released tomorrow at 13:30 UTC. Projections for United States GDP are set for a continuation of decline with 2.6 while previous data was 3.2; data will be released tomorrow at 13:30 UTC. As things stand, upcoming United States Initial Jobless Claims data is projected to fall short of market expectations with newly published data of 205,000, following on from the preceding figure of 190,000. New data is set to be published 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.