SPY
State Street SPDR S&P 500 ETF Trust
Stock$756.56
$-1.98 (-0.26%)
Current Price (API): $756.56About
No description available for this stock.
Price History (Last 30 Days)
Latest News & Updates
SoftBank CEO Masayoshi Son claims the AI revolution is 50x larger than the dot-c...
SoftBank CEO Masayoshi Son claims the AI revolution is 50x larger than the dot-com boom and views market corrections as buying opportunities. He dismissed overexposure concerns regarding OpenAI (which comprises just over 20% of SoftBank's net asset value) and expressed optimism about a potential OpenAI IPO. However, other industry leaders like JPMorgan's Jamie Dimon and Bank of America's Michael Hartnett have raised concerns about market exuberance and narrow market leadership similar to pre-crash periods.
U.S. stock futures rose on Monday as the market ended May at record highs. The D...
U.S. stock futures rose on Monday as the market ended May at record highs. The Dow Jones, S&P 500, and Nasdaq 100 futures all gained modestly. The U.S. conducted 'self-defense' strikes against Iran over the weekend in response to aggressive Iranian actions. Key stocks in focus include Hewlett-Packard Enterprise, Nvidia, and Uber, with tech stocks leading gains. The Federal Reserve is expected to hold rates steady in June, with markets pricing in a 99.4% probability.
Citigroup argues that artificial intelligence-driven earnings growth continues t...
Citigroup argues that artificial intelligence-driven earnings growth continues to favor large-cap technology stocks over small-caps. With S&P 500 companies posting 27% year-over-year earnings growth in Q1 and over half driven by AI spending, mega-cap firms maintain premium valuations. Meanwhile, smaller companies face headwinds from high borrowing costs and weak pricing power, suggesting the anticipated small-cap rebound may not fully materialize.
The S&P 500 is on track for its ninth consecutive winning week, a rare occurrenc...
The S&P 500 is on track for its ninth consecutive winning week, a rare occurrence matched only 10 times since 1945. Historical analysis shows that after such streaks, the index was higher one month later 90% of the time with an average gain of 1.68%, and 80% of the time after one year with an average return of 10.21%. However, two previous instances ended badly during recessions, with the August 1989 streak being particularly cautionary as it preceded an economic downturn and oil crisis.
U.S. stock futures edged up on Friday as investors monitored Iran ceasefire deve...
U.S. stock futures edged up on Friday as investors monitored Iran ceasefire developments awaiting Trump approval. Major indexes posted modest gains with healthcare, IT, and consumer discretionary leading. Dell surged nearly 40% on strong earnings, while Agilent and Hewlett Packard Enterprise also gained. Costco reported mixed results with earnings slightly below estimates. The Fed is expected to hold rates steady in June with 98.9% probability.
Warren Buffett's 'secret' portfolio managed through New England Asset Management...
Warren Buffett's 'secret' portfolio managed through New England Asset Management (acquired via General Re in 1998) is primarily composed of ETFs and dividend stocks. The top holding is the SPDR S&P 500 ETF Trust (SPY), representing $66.3 million or 8.4% of the portfolio. The S&P 500 has never delivered negative rolling 20-year returns since 1900, making it a proven wealth-builder for long-term investors.
The S&P 500 has rallied over 18% since Q2 on AI enthusiasm, but concentration ri...
The S&P 500 has rallied over 18% since Q2 on AI enthusiasm, but concentration risk is rising as the top 10 companies account for 40% of the index. The Invesco S&P 500 Equal Weight ETF (RSP) offers a hedge against this concentration by maintaining equal weightings across all 500 companies through quarterly rebalancing. With lower volatility (beta of 0.92) and a higher dividend yield (1.50%), RSP provides downside protection while historically outperforming market-cap-weighted indices by 1-1.05% annually since 1990.
REITs have significantly underperformed stocks since 2020, declining 5.7% annual...
REITs have significantly underperformed stocks since 2020, declining 5.7% annualized over the last five years compared to their historical outperformance. The article argues this selloff has been excessive and presents an opportunity for diversification. The Cohen & Steers REIT and Preferred Income Fund (RNP) is highlighted as an attractive 7.9%-yielding option trading at a 5.7% discount to NAV, while the Principal Real Estate Income Fund (PGZ) is recommended to avoid due to poor performance.
U.S. stock futures declined on Thursday following geopolitical tensions as the U...
U.S. stock futures declined on Thursday following geopolitical tensions as the U.S. and Iran exchanged strikes. The S&P 500 and Dow futures fell slightly, while Treasury yields held steady at 4.50% for the 10-year bond. Key stocks in focus included Snowflake (surging 35% on strong earnings), Salesforce (down 1.86% despite earnings beat due to soft guidance), and Costco (up 0.35% ahead of earnings). Analyst Jeremy Siegel maintained a cautiously bullish outlook, noting that a potential Iran settlement could support market momentum.
Goldman Sachs raised its S&P 500 year-end target from 7,600 to 8,000, citing exc...
Goldman Sachs raised its S&P 500 year-end target from 7,600 to 8,000, citing exceptionally strong Q1 earnings driven by AI infrastructure spending. The bank expects S&P 500 EPS to grow 24% in 2026 and 13% in 2027, with semiconductor stocks and hyperscalers accounting for roughly half of earnings growth. However, Goldman flagged risks including potential oil shocks and the need for AI spending to translate into sustainable productivity gains.
