Vanguard S&P 500 ETF (VOO) Gains in Pre-Market Amid U.S. Government Shutdown Progress
The Vanguard S&P 500 ETF (VOO) rose 0.94% in pre-market trading as Optimism grew over Congressional progress to end the U.S. government shutdown. The ETF, which tracks the S&P 500 Index, reflects broader market sentiment lifting equity exposure.
Despite a 2.01% decline over the past five days, VOO remains up 15.57% year-to-date. Investor demand stays robust, with $1 billion in net inflows over the last week, underscoring steady appetite for large-cap U.S. equities.
Analysts maintain a Moderate Buy rating on VOO, with a consensus price target of $719.72—a 16.67% upside potential. Top holdings with bullish outlooks include Loews (L) and Moderna (MRNA), while Ford Motor (F) and Tesla (TSLA) weigh on performance.