More than 40 S&P 500 companies reported $9.6 billion in tariff refunds in the past quarter or so, with about $2.1 billion in cash already received, The Wall Street Journal reported Thursday (Aug. 13). Some of the companies reporting the biggest refunds so far include Apple, at $2.
Aggregate S&P 500 regular cash dividends are expected to reach approximately $740 billion in 2026. IVV is forecast to deliver the highest distribution growth among the three ETFs this year. VOO and SPY have historically shown more consistent annual distribution growth patterns.
Positioning shows the shorts are yet to capitulate, suggests Citi
SPX shows short-term overbought risk due to weak market breadth, and Elliott Wave signals suggest consolidation or pullback before any durable rally continuation.
The S&P 500 tracks 500 of the largest U.S. publicly traded companies and serves as a key benchmark for the broader stock market. It recently reclaimed record highs after companies reported robust results.
These companies increased their quarterly sales per share by at least 40% while expanding their gross profit margins and their operating margins.
JPMorgan has raised its S&P 500 target for 2026 to 8,000 from 7,800, citing stronger-than-expected corporate earnings and growing evidence that artificial intelligence spending is translating into business results.
Energy companies in the S&P 500 have put up a 42.5% revenue gain in the second quarter, powering the index's sales performance.
For the first time in four years, the average stock is beating the stock market.
The S&P 500 closed at a record high as weak payrolls cut September hike odds, lower oil eased inflation fears and earnings stayed strong.