s&p 500

The SPDR S&P 500 ETF Trust SPY rallied on Thursday and Friday to close out its best week since June as investors cheered better-than-expected inflation data.On Thursday, the U.S. Labor Department reported the consumer price index gained 7.7% in October, down from 8.2% in September and below the 8% inflation economists were expecting. Core…

Building a portfolio is all about having a firm foundation. Exchange-traded funds (ETFs) help build firm foundations that protect you from major losses during weak periods in the stock market in specific sectors.In today's video, I will discuss how to build a solid portfolio around four key ETFs, including the SPDR S&P 500 ETF (NYSEMKT:…

The year 2021 ended with investors cheering the stupendous Wall Street rally in the year. Though volatile, the market ended the last month of 2021 in the green, registering the fifth consecutive monthly rise for the Dow Jones Industrial Average and six-month winning streak for the tech-heavy Nasdaq Composite index.Going on, the S&P 500 index…

The SPDR S&P 500 ETF Trust SPY traded lower Friday morning after the Labor Department reported strong U.S. jobs market numbers from November.What Happened: The U.S. added 263,000 jobs last month, beating average economist estimates of 200,000 jobs.New data from the Bureau of Labor Statistics showed the U.S. unemployment rate is at 3.7%,…

How is SPY stock faring? The SPDR S&P 500 ETF Trust is up 2.21% in the past five days and has risen 22.65% over the past year. According to TipRanks’ unique ETF…

After getting as low as 5,119 on Monday, the S&P 500 (SPY) has mounted an impressive comeback to 5,319 as of Thursday’s close. This begs an obvious question: Is the Worst Over? As in, is this bounce for real? I will tackle these vital questions and more in the article below. Market Commentary Even though I am primarily a fundamental…

Major Wall Street indices soared on Wednesday after Federal Reserve Chair Jerome Powell said the central bank may slow the pace of rate hikes as soon as December while also noting that bringing down inflation remained a long battle. The rally sent major Wall Street indices soaring with the SPDR S&P 500 ETF Trust SPY closing the day’s session…

InvezzHedge funds and other speculators have turned increasingly bearish on the S&P 500 index even as it nears its all-time high.Data released on Friday by the Commodity Futures Trading Commission (CFTC) showed that the net speculative bets on the index dropped to minus 84k last week, a big increase from minus 23.5k a week earlierThis…

Wall Street surged last week marking strong weekly gains as market watchers raised its expectations for a significant interest rate cut by the Federal Reserve. Last week was the best week of the year for the S&P 500 and the Nasdaq.For the week, the Nasdaq rose more than 5%. U.S. semiconductor stocks logged a rally last week.The S&P 500…

“The time has come for policy to adjust”. That short sentence was the essence of Fed Chair Powell’s speech at Jackson Hole on Friday confirming that rates cuts will soon be in hand. With that bond rates went lower and stocks soared. In particular smaller, Risk On stocks. What does that mean for your investing plans in the months ahead?…