Risk-on mood helps VOO post 1.3% gain today

Published: May 26 2023, 22:30 GMT+0

Risk-on mood helps VOO post 1.3% gain today

A quick look at today: after finishing yesterday at $380.92, Vanguard S&P 500 ETF went up to $386.57 before paring its losses and closing at $385.87.

Nevertheless, data from United States concerning Core Durable Goods Orders was released today at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 0.3% to -0.2% this month. United States Pending Home Sales fell short of the 0.5% projections, with new data of 0%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3.

Other markets are also showing gains as Costco rallies 4.26% today and closed at $486.55. Intel went up by 5.84% today, and closed at $29. Netflix went up by 5.54% today, and closed at $378.88.

7 months ago, Vanguard S&P 500 ETF fell to a low of $327.64 but has since recovered 16.26%.