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

Published: May 26 2023, 23:26 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 published today at 12:30 UTC came out at -0.2%, falling short of the 0% projections and continuing its decline from the previous 0.3% figure. United States Pending Home Sales fell short of the 0.5% projections, with new data of 0%.

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.

Other markets are also showing gains as Costco is trading around $507.26 after ending today's session at $486.55 (up 4.26% today). Intel is trading around $29 after ending today's session at $27.4 (up 5.84% today). Netflix is trading around $378.88 after ending today's session at $359 (up 5.54% today).

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

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