The S&P 500 has delivered what can only be described as a strong year to date, extending a rally that has rewarded investors for staying the course through inflation, rate hikes, and geopolitical uncertainty.
The Santa Claus Rally, historically positive for the S&P 500, begins this week amid a strong market backdrop and recent valuation pullback. Q3 GDP data is the key event, with expectations of 3.6% annualized growth driven by consumer strength and reduced imports.
A well-established and popular exchange traded fund (ETF), the SPDR S&P 500 ETF (NYSEARCA:SPY) tracks the s&P 500 large-cap stock index.
Shares of the SPDR S&P 500 ETF Trust (NYSE: SPY) fell 0.8% on Monday, coinciding with a sharp deterioration in retail investor sentiment.
November Stock Market Review: When the Market Refused to Break
Risks remain, but the S&P 500's NYSEARCA: SPY uptrend is intact. The November correction was more of a broad-market consolidation, setting the market up for another leg of the rally, likely to unfold in December.
Launched on January 29, 1993, the SPDR S&P 500 ETF (SPY) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
A bipartisan Senate deal signals an end to the U.S. government shutdown, sparking investor interest in ETFs like XLV and SPY.
The latest bearish headlines point to hefty AI valuations. But here's why this bull market likely still has some legs.
When it comes to inflows, it seems like ETFs are content with beating themselves. After a record 2024 that saw inflows amass just under $1.14 trillion, ETFs did it again by edging past that level today.
The SPDR S&P 500 ETF ( NYSEMKT: SPY ) is down 1.59% at 1:45 PM ET as U.S.
Jeff Kilburg, KKM Financial founder and CEO, joins 'Power Lunch' to discuss Kilburg's latest option trade, the current market landscape and much more.