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

Published: May 26 2023, 22:40 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%. United States Pending Home Sales released earlier showed a marked improvement to 0% from the preceding data of -5.2%, but fell short of the 0.5% figure forecast by a consensus of market analysts.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released today at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3.

Vanguard S&P 500 ETF shows positive signs, other assets are also on par: Costco added 4.26% and closed around $486.55 today. Intel is trading around $29 after ending today's session at $27.4 (up 5.84% today). Netflix went up by 5.54% today, and closed at $378.88.

Having set a significant low of $327.64 7 months ago, Vanguard S&P 500 ETF is trading 16.26% higher.