VOO ascends to $385.87 after adding 1.3% yesterday

Published: May 27 2023, 02:40 GMT+0

VOO ascends to $385.87 after adding 1.3% yesterday

Yesterday at a glance: after finishing Thursday at $380.92, Vanguard S&P 500 ETF went up to $386.57 before paring its losses and closing at $385.87.

Nevertheless, 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%.

At the same time, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 193,100, while the previous figure was 191,500.

Other markets are also showing gains as Costco surges 4.26% yesterday and closed at $486.55. Intel surges 5.84% yesterday and closed at $27.4. Netflix went up by 5.54% yesterday, and closed at $378.88.

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 10.4% year to date.