FMP
SPDR S&P 500 ETF Trust
SPY
AMEX
The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the “Portfolio”), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
525.66 USD
-11.95 (-2.27%)
Parth Sanghvi
2 days ago
The extreme volatility ignited by U.S. President Donald Trump’s abrupt “Liberation Day” tariff announcement appears to have subsided in recent sessions, although lingering uncertainty continues to cast a shadow on market prospects. According to Capital Economics, the worst of the market turmoil may now be behind us. This calming effect is partly attributed to the exemption of electronic goods from tariffs and a 90-day pause on most reciprocal tariffs, measures that have notably benefited tech...
Parth Sanghvi
2 days ago
U.S. stock index futures edged higher on Tuesday as investors cautiously awaited more corporate earnings amid continued uncertainty over President Donald Trump’s evolving trade tariff policies. However, market sentiment remains fragile as the outlook on U.S. economic activity and policy adjustments continues to hang in the balance. Index Futures and Market Sentiment Pre-Market Gains: At 05:35 ET (09:35 GMT): Dow Jones Futures rose 72 points (0.2%) S&P 500 Futures gained 14 points ...
Parth Sanghvi
2 days ago
Citi has downgraded U.S. equities from Overweight to Neutral, citing uncertainty in the macroeconomic outlook, elevated valuations, and mounting earnings downgrade pressures. While recent tariff-related risks have been partially priced in following President Trump’s 90-day pause on trade restrictions, Citi warns that significant economic drag still looms. Key Points Elevated Valuations and Earnings Pressure: U.S. equities continue to trade near the 80th percentile of historical valuatio...
Parth Sanghvi
2 days ago
Investors have cut their equity exposure to levels not seen in years, as fears over economic growth mix with cautious optimism for policy support. According to Deutsche Bank, overall positioning in stocks has fallen well below normal, with both computer-driven funds and traditional investors scaling back amid persistent uncertainty. Key Points on Investor Positioning Systematic Strategies Pull Back: Automated, rules-based funds—commonly known as systematic or volatility control funds—ha...
Parth Sanghvi
2 days ago
Market Overview U.S. equity markets advanced on Friday, capping off one of the most volatile weeks in recent memory. The S&P 500 rose 1.81% to close at 5,363.36, while the Dow Jones Industrial Average added 619.05 points (1.56%), finishing at 40,212.71. The Nasdaq Composite gained 2.06%, ending the session at 16,724.46. After a sharp sell-off amid renewed trade concerns on Thursday, markets rallied late in the day on optimism that a trade deal with China is in the works. Impact of Trade De...
Parth Sanghvi
2 days ago
The S&P 500 closed higher on Monday as investors weighed signs of easing tariff pressures and a solid start to earnings season. Broad gains across tech and auto stocks helped fuel the rally, especially after President Donald Trump signaled possible concessions for key industries. Market Snapshot S&P 500: +0.8% Dow Jones: +312 points (+0.8%) NASDAQ: +0.6% Electronics Tariffs Temporarily Lifted In a significant shift, the White House announced a temporary exemption on tariffs for...
Parth Sanghvi
7 days ago
Just days after enduring their worst stretch in years, major U.S. stock indexes rebounded on Wednesday—registering some of the best one-day gains of the 21st century—following President Trump’s announcement of a 90-day pause on the tariffs that had sent markets spiraling last week. Rally Highlights S&P 500 soared 9.5%, marking its largest one-day gain since October 2008. Nasdaq Composite jumped 12.2%, its second-largest daily gain since 2001. Dow Jones Industrial Average advanced 7.8...
Parth Sanghvi
7 days ago
The United States has announced a 90-day pause on newly announced reciprocal tariffs, which, on the surface, signals a temporary softening of trade tensions. However, according to Citi economists led by Andrew Hollenhorst, this pause provides minimal economic relief. The overall tariff burden remains significantly elevated, and the broader impact on trade flows and sector-specific costs continues to mount. The Structural Tariff Landscape Despite the pause, the baseline 10% tariff remains i...
Parth Sanghvi
7 days ago
Rising Treasury Yields Reflect Mounting Stress The U.S. Treasury market, long regarded as a safe haven, is showing signs of deepening volatility. Analysts at Jefferies draw parallels between the current bond sell-off and the COVID-era “Dash for Cash” — a moment marked by frantic liquidation and systemic risk aversion. This week, U.S. Treasuries continued their slide. Benchmark 10-year yields surpassed 4.425% by Tuesday and inched higher to 4.454% by Wednesday morning. These levels represen...
Parth Sanghvi
7 days ago
Sharp Increase in Tariff Rates on Chinese Goods In a major policy shift announced on Truth Social, U.S. President Donald Trump has increased tariffs on Chinese goods from 104% to 125%, citing China’s disregard for global trade norms. The move, effective immediately, marks a significant escalation in ongoing trade tensions. Trump stated that China’s current trade conduct is “unsustainable” and hinted at expectations that Beijing may reconsider its approach in the near future. China's Ret...