Vanguard S&P 500 ETF (VOO) Gains in Pre-Market Amid Strong Tech Earnings
The Vanguard S&P 500 ETF (VOO) rose 0.78% in pre-market trading, buoyed by robust earnings from tech giants Apple and Amazon. Despite a 1.06% drop on Wednesday due to investor caution over AI-related spending, the ETF remains up 1.40% over five days and 17.14% year-to-date.
Net inflows of $135 billion in the past five days underscore steady demand for large-cap U.S. exposure. Analysts maintain a Moderate Buy rating, with a consensus price target of $707.71—a 13.19% upside. Top holdings with growth potential include Smurfit Westrock and Fiserv, while Palantir Technologies and Paramount Skydance lag.