Stagnant VOO peaks at $368.16 amid sluggish price action

Published: January 26 2023, 02:00 GMT+0

Stagnant VOO peaks at $368.16 amid sluggish price action

A quick look at yesterday: Vanguard S&P 500 ETF closed a flat day of trading at $367.88 yesterday after ending Tuesday at $367.75.

Vanguard S&P 500 ETF's state is reflected by market data as United States Crude Oil Inventories fell short of the 971,000 projections, with new data of 533,000. United States 5-Year Note Auction released yesterday at 18:00 UTC with a figure of 3.53, while the previous figure was 3.973. United States Cushing Crude Oil Inventories came out at 4.27 million.

While Vanguard S&P 500 ETF was pretty flat yesterday, mixed performances were seen elsewhere as NextEra Energy crashes 8.71% yesterday and closed at $83.9. AT&T is trading around $20.42 after ending yesterday's session at $19.16 (up 6.58% today). HDFC Bank Limited dips 6.31% yesterday and closed at $71.44.

Data to be released today 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 today at 13:30 UTC. United States Pending Home Sales is projected to outperform its last figure with -0.9%. It previously stood at -4%; data will be released tomorrow at 15:00 UTC. United States Core PCE Price Index (MoM) (Dec) is expected tomorrow at 13:30 UTC.

Vanguard S&P 500 ETF has gained 5.07% since its lowest print of $327.64 earlier this year.

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