Visa Inc. closes at $225 after gaining 0.73%

Published: May 26 2023, 22:51 GMT+0

Visa Inc. closes at $225 after gaining 0.73%

Today at a glance: after closing yesterday at $223.38, Visa Inc. closed at $225 today after climbing to $226.21 and dropping back down.

On the flip side, Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%. United States Pending Home Sales improved upon its previous reading of -5.2% with a new data release of 0%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) released today at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3.

This rally in Visa Inc.'s share price coincided with other financials stocks as American Express traded at $157.24 after closing today's trading day at $151.08 (up 4.08%). Goldman Sachs traded at $332 after closing today's trading day at $323.88 (up 2.51%). The Blackstone Group Inc. was up 2.6%.

Trading mostly sideways for a month. The electronic funds transfer specialist has fallen back around 4.78% from the significant high of $234.6 set a month ago.

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