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

Published: May 27 2023, 03:26 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.

Nevertheless, United States Core Durable Goods Orders published yesterday 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.

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). Notably, Netflix rose 5.54% yesterday and closed at $359.

Vanguard S&P 500 ETF has gained 10.4% since its lowest print of $327.64 earlier this year.

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