Risk-on mood helps VOO post 1.3% gain yesterday

Published: May 27 2023, 00:30 GMT+0

Risk-on mood helps VOO post 1.3% gain yesterday

Yesterday at a glance: 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.

On the flip side, data from United States concerning Core Durable Goods Orders was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 0.3% to -0.2% this month.

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.

Other markets are also showing gains as Costco is trading around $507.26 after ending yesterday's session at $486.55 (up 4.26% today). Intel leaps up 5.84% yesterday and closed at $27.4. Netflix soars 5.54% yesterday and closed at $359.

Vanguard S&P 500 ETF has managed to gain 10.4% so far this year despite trading at lows around $327.64 previously.