Risk-on sentiment allowed ARKK to post 1.88% gain yesterday

Yesterday at a glance: ARK Innovation ETF closed yesterday at $39.1 (with a daily low of $38.38) after ending Thursday at $38.38 and gaining 1.88%.

Nevertheless, highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%.

At the same time, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

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 is trading around $29 after ending yesterday's session at $27.4 (up 5.84% today). Netflix is trading around $378.88 after ending yesterday's session at $359 (up 5.54% today).

ARK Innovation ETF has managed to gain 29.05% so far this year despite trading at lows around $29.64 previously.