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

Published: May 27 2023, 02:10 GMT+0

Risk-on sentiment allowed VOO to 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, United States Core Durable Goods Orders fell short of the 0% projections, with new data 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.

Vanguard S&P 500 ETF shows positive signs, other assets are also on par: Costco added 4.26% and closed around $486.55 yesterday. Intel is trading around $29 after ending yesterday's session at $27.4 (up 5.84% today). Notably, Netflix rose 5.54% yesterday and closed at $359.

This year has been a bright one for Vanguard S&P 500 ETF after trading as low as $327.64 and going on to appreciate by 10.4% year to date.

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