Stagnant VOO peaks at $368.16 amid sluggish price action

Published: January 25 2023, 23:41 GMT+0

Stagnant VOO peaks at $368.16 amid sluggish price action

A quick look at today: Vanguard S&P 500 ETF closed a flat day of trading at $367.97 today after ending yesterday at $367.75.

Vanguard S&P 500 ETF's state is reflected by market data as highly important Crude Oil Inventories data from United States beat analyst expectations of 971,000 with a reading of 533,000. United States 5-Year Note Auction released today at 18:00 UTC with a figure of 3.53, while the previous figure was 3.973. United States Cushing Crude Oil Inventories released today at 15:30 UTC with a figure of 4.27 million, while the previous figure was 3.65 million.

While Vanguard S&P 500 ETF was pretty flat today, mixed performances were seen elsewhere as NextEra Energy plunges 8.71% today and closed at $83.9. AT&T is trading around $20.42 after ending today's session at $19.16 (up 6.58% today). After ending today's session at $71.44, HDFC Bank Limited lost $4.51 and is trading around $66.93.

Data to be released tomorrow might clear up some of the market fog as projections for United States Core Durable Goods Orders are set for a continuation of decline with -0.2% while previous data was 0.1%; data will be released tomorrow at 13:30 UTC. Tomorrow at 13:30 UTC data for United States GDP will be released, with an expected decline to 2.6 from the preceding figure of 3.2. United States Initial Jobless Claims projected to decline to 205,000 while previous data was 190,000; data will be released tomorrow at 13:30 UTC.

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 5.07% year to date.

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