Risk-on sentiment allowed VOO to post 1.3% gain today

Published: May 26 2023, 21:20 GMT+0

Risk-on sentiment allowed VOO to 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, United States Core Durable Goods Orders fell short of the 0% projections, with new data of -0.2%. Highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading 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 went up by 4.26% today, and closed at $507.26. Intel went up by 5.84% today, and closed at $29. Netflix is trading around $378.88 after ending today's session at $359 (up 5.54% today).

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

Back