Stagnant VOO peaks at $368.16 amid sluggish price action

Published: January 26 2023, 06:35 GMT+0

Stagnant VOO peaks at $368.16 amid sluggish price action

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

This uncertain state for Vanguard S&P 500 ETF is reflected by published market data as United States Crude Oil Inventories published yesterday 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 yesterday at 18:00 UTC with a figure of 3.53, while the previous figure was 3.973. United States Cushing Crude Oil Inventories released yesterday 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 yesterday, mixed performances were seen elsewhere as NextEra Energy lost 8.71% yesterday and closed at $83.9. AT&T went up by 6.58% yesterday, and closed at $20.42. 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 today at 13:30 UTC data for United States Core Durable Goods Orders will be released, with an expected decline to -0.2% from the preceding figure of 0.1%. 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) scheduled to come out tomorrow at 13:30 UTC.

Vanguard S&P 500 ETF has gained 5.11% since its lowest print of $327.64 earlier this year.

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