MARKET

SPY

SPY

SPDR® S&P 500 ETF Trust
NYSEARCA
460.20
+1.97
+0.43%
After Hours: 460.60 +0.4 +0.09% 19:59 12/08 EST
OPEN
457.46
PREV CLOSE
458.23
HIGH
460.75
LOW
457.21
VOLUME
83.19M
TURNOVER
0
52 WEEK HIGH
460.75
52 WEEK LOW
370.66
TOTAL ASSET
444.22B
YTD YIELD
18.00%
1D
5D
1M
3M
1Y
5Y
XLU: Please Don't Wait Until The Fed Cuts Before Buying
The Utilities Select Sector SPDR ETF is a well-diversified utilities-focused ETF. XLU is considered a defensive setup with a relatively attractive dividend yield compared to the S&P 500. I believe XLU bottomed out in October 2023 and has outperformed from its October lows. Investors have started to price in more rate cuts by the Fed as the 10Y yield broke above 5%.
Seeking Alpha · 4h ago
Better Dividend ETF For December 2023: SCHD Or JEPI?
Dividend investing is a great way to compound wealth and passive income over the long-term. SCHD and JEPI are among the most popular dividend ETFs. We assess the current macro environment and offer our take on which is the better buy in the current environment. The dominant macroeconomic stories are a decline in inflation, slowing economic activity, and simmering geopolitical tensions.
Seeking Alpha · 6h ago
Last Big News Cycle For The Market In 2023
Bureau of Labor Statistics reports 199,000 new payroll gains and a drop in the unemployment rate from 3.9% to 3.7%. Next up, the Consumer Price Index report and the Fed's decision on interest rates on Wednesday. The last big news cycle for the market in calendar year 2023.
Seeking Alpha · 7h ago
Week Ahead: What Central Banks Say May Be More Important Than What They Do
The week ahead is chock full of central bank meetings. Gold experienced a significant drop below $2000 after reaching a record high above $2135. The US dollar fell by over 2.1% against the Japanese yen due to concerns the Bank of Japan would raise rates. WTI oil prices fell to their lowest level in five months.
Seeking Alpha · 8h ago
Worldwide Employment Stalls As Businesses Report Further Weakness Of Demand
Global output remained largely stalled in November according to the S&P Global PMI surveys. Manufacturing output edged marginally lower globally in November, down for a sixth successive month. Demand conditions remained subdued globally, notably for financial services and basic manufactured goods. Employment growth has meanwhile stalled as firms grow concerned about excess capacity.
Seeking Alpha · 11h ago
Global PMI Data Hint At Further Cooling Of Inflation In The Months Ahead
Global PMI Data Hint At Further Cooling Of Inflation In The Months Ahead. Average prices charged for goods and services rose globally at a slightly increased rate in November. Global output price inflation increased slightly in November but remains among the weakest in the past three years. Goods selling price inflation is low, while service sector inflation remains elevated. Overall demand environment is subdued, and global inflation is expected to cool in the months ahead.
Seeking Alpha · 13h ago
View On Wall Street: A Good News Bad News Scene
The current macro backdrop continues to be difficult to make sense of. With no strong PRIMARY trend in place, this remains a "traders" market. The US labor market continues to defy gravity. The economy has added 161 million jobs in the last 3 years. Q3 GDP rising 4.9%, its fastest pace since 4Q21.
Seeking Alpha · 15h ago
These 3 Dividend ETFs Are a Retiree's Best Friend
Forward News · 15h ago
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Profile
Fund Name
SPDR® S&P 500 ETF Trust
Inception Date
1993-01-22
Benchmark
S&P 500 TR USD
Advisor Company
SSgA Funds Management Inc
Custodian
State Street Bank and Trust Co
Manager
Management Team