SPY
State Street SPDR S&P 500 ETF Trust
Stock$737.43
+$3.85 (+0.53%)
Current Price (API): $737.43About
No description available for this stock.
Price History (Last 30 Days)
Latest News & Updates
ASA Gold and Precious Metals fund, which massively outperformed in 2025 due to g...
ASA Gold and Precious Metals fund, which massively outperformed in 2025 due to gold's surge, is now viewed as a value trap in 2026. Despite gold's historical safe-haven appeal, the metal is flat this year as market uncertainties were already priced in. The fund faces additional headwinds from governance concerns following COO Axel Merk's resignation, which could widen its discount to net asset value.
Citadel Securities warns that despite the Fed's June pause on interest rates, un...
Citadel Securities warns that despite the Fed's June pause on interest rates, underlying economic indicators suggest a more aggressive monetary policy ahead. The firm predicts 'second-round effects' from supply shocks, easy financial conditions, and a massive AI capex cycle will force rate hikes starting in September 2026, with consecutive hikes expected through March 2027. Markets are currently underpricing this hawkish pivot.
Federal Reserve Chair Kevin Warsh delivered a hawkish first press conference, pl...
Federal Reserve Chair Kevin Warsh delivered a hawkish first press conference, pledging decisive action against inflation and signaling a potential rate hike this year instead of cuts. The announcement triggered a broad market selloff, with the S&P 500 falling 1.2%, Nasdaq 100 dropping 1.2%, and the Russell 2000 sinking 2%. Warsh eliminated forward guidance and announced five task forces to review Fed operations and inflation frameworks.
The Federal Reserve held interest rates steady at 3.50%-3.75% under new Chair Ke...
The Federal Reserve held interest rates steady at 3.50%-3.75% under new Chair Kevin Warsh. However, the Fed's updated economic projections showed a hawkish surprise, with higher inflation forecasts (PCE at 3.6% for 2026) and signaling one rate hike this year instead of cuts. Markets reacted negatively, with Treasury yields spiking, the dollar strengthening, and equities declining as investors reassess rate expectations.
Momentus (MNTS) stock rose over 6% on Wednesday following the announcement of a...
Momentus (MNTS) stock rose over 6% on Wednesday following the announcement of a commercial contract with the University of Colorado Boulder's Laboratory for Atmospheric and Space Physics. The agreement covers in-orbit services for the company's Vigoride-9 Orbital Service Vehicle, with the OWLS mission scheduled to launch in 2027. The contract strengthens Momentus's hosted payload and in-orbit services business, with Vigoride-8 fully booked and Vigoride-9 still having capacity for additional customers.
JPMorgan's David Kelly states the current environment is excellent for stocks de...
JPMorgan's David Kelly states the current environment is excellent for stocks despite inflation concerns, citing AI spending and resilient consumption as key drivers. He warns of concentration risk in the market, particularly in AI-related sectors, and suggests the next bear market could center on the most hyped sector. JPMorgan Asset Management recommends diversifying into defensive alternatives like real estate, transportation, and infrastructure.
Kevin Warsh begins his tenure as Federal Reserve Chair on Wednesday with markets...
Kevin Warsh begins his tenure as Federal Reserve Chair on Wednesday with markets expecting rates to remain at 3.50%-3.75%. Historical analysis of the past seven Fed Chair transitions since 1970 shows the S&P 500 has generally performed positively, with an average 1-month return of 2.3% and 86% of episodes posting gains. Over 12 months, the average return is 7.9% with 86% positive outcomes, suggesting a constructive outlook for markets under new Fed leadership.
South Korea's iShares MSCI South Korea ETF (EWY) has surged 112% year-to-date, d...
South Korea's iShares MSCI South Korea ETF (EWY) has surged 112% year-to-date, delivering 11 times the return of the S&P 500. The rally is driven by SK Hynix and Samsung's dominance in high-bandwidth memory (HBM) manufacturing for AI accelerators, with both companies commanding nearly 46% of the ETF. Despite doubling in value, both stocks trade at low valuations with massive growth pipelines ahead.
Technology ETFs have surged 40-45% since late March, significantly outperforming...
Technology ETFs have surged 40-45% since late March, significantly outperforming the S&P 500's 17% gain, driven by AI enthusiasm and strong earnings. However, valuations have become uncomfortably expensive, with tech sector P/E ratios ranging from 34-44 compared to the S&P 500's 20.1. The author cautions against buying now, warning that market corrections of overvalued stocks can happen quickly and that AI expectations may not be fully met.
Zoomex, a crypto derivatives exchange, has launched Zoomex Stocks, offering toke...
Zoomex, a crypto derivatives exchange, has launched Zoomex Stocks, offering tokenized versions of major U.S. equities and ETFs. The move reflects a significant market shift as institutional capital flows out of cryptocurrency into AI and semiconductor stocks, with Bitcoin ETFs experiencing $3.1 billion in year-to-date outflows while AI stocks surged 170%. The platform enables crypto traders to access equity exposure 24/7 using USDT with a flat 0.50% fee and near-instant settlement.
