Stagnant VOO peaks at $368.16 amid sluggish price action

Published: January 25 2023, 21:26 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 United States Crude Oil Inventories published today at 15:30 UTC came out at 533,000, falling short of the 971,000 projections and continuing its decline from the previous 8.41 million figure. 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 came out at 4.27 million.

While Vanguard S&P 500 ETF was pretty flat today, mixed performances were seen elsewhere as NextEra Energy tumbles 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 United States Core Durable Goods Orders projected to come out at -0.2% — worse than previous data of 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. As things stand, upcoming United States Initial Jobless Claims data is projected to fall short of market expectations with newly published data of 205,000, following on from the preceding figure of 190,000. New data is set to be published 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.