Passive market sees VOO dipping as low as $361.68; now at $367.34

Published: January 25 2023, 20:45 GMT+0

Passive market sees VOO dipping as low as $361.68; now at $367.34

As the current session draws to a close, Vanguard S&P 500 ETF remains in the $361.68 – $368.16 range after dropping 0.11%.

Vanguard S&P 500 ETF's state is reflected by 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.

Other markets show mixed performance as NextEra Energy is trading around $77.11 (down $6.79). AT&T is up 5.92%. HDFC Bank Limited is trading around $67.32 (down $4.12).

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as 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. Tomorrow at 13:30 UTC data for United States GDP will be released, with an expected decline to 2.6 from the preceding figure of 3.2. United States Initial Jobless Claims expected to decline to 205,000 while its preceding data was 190,000, data will be available 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.