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Aug 9 at 01:02 PM
$VG S&P 500(VOO.US)
The Vanguard S&P 500 ETF (VOO) is trading near historic record levels, closing around $710.71 (with the S&P 500 index scaling past 7,750). The driver behind this latest momentum is a double macro tailwind: softer domestic payroll data has significantly reduced interest rate hike anxieties, while easing global crude oil prices continue to cool broader inflation worries.
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