Risk-on mood helps VOO post 1.3% gain yesterday

Published: May 27 2023, 09:36 GMT+0

Risk-on mood helps VOO post 1.3% gain yesterday

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

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%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions came out at 193,100.

Vanguard S&P 500 ETF shows positive signs, other assets are also on par: Costco rallies 4.26% yesterday and closed at $486.55. Notably, Intel rose 5.84% yesterday and closed at $27.4. Netflix jumps 5.54% yesterday and closed at $359.

Vanguard S&P 500 ETF has gained 10.4% since its lowest print of $327.64 earlier this year.

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