Latest News on SPDR S&P 500 (SPY) ETF

  • US Crude Oil above $70 Might Help Oil-Weighted Stocks [September 20 2018 10:09 AM]
  • On September 19, US crude oil November futures rose 1.7% and closed at $70.77 per barrel—the highest closing level for active US crude oil futures since July 13. In the last trading session, the S&P 500 Index (SPY) and the Dow Jones Industrial Average Index (DIA) rose 0.1% and 0.6%, respectively. Read more about this SPDR S&P 500 (SPY) news
  • ‘Great Bull Market’ Now Dead: BofA [September 20 2018 08:44 AM]
  • In a recent note, Bank of America Merrill Lynch Chief Investment Strategist Michael Hartnett analyzed the state of the markets 10 years following financial crisis. Hartnett cited the unique deflationary nature of the bull market, wherein while stocks have risen to record highs, brokerage commissions have fallen to $30 billion from $80 billion since 2000, as outlined by Business Insider. Deflati... Read more about this SPDR S&P 500 (SPY) news

  • Trade War: China Is Done with Conventional War [September 20 2018 06:35 AM]
  • Have President Trump’s Tactics Started to Yield Results? On September 17, President Trump imposed 10% tariffs on $200 billion worth of goods from China. The tariffs will increase to 25% by the end of 2018. Read more about this SPDR S&P 500 (SPY) news

  • Celanese Stock: How It’s Faring in 2018 Compared to Peers [September 20 2018 06:01 AM]
  • Celanese (CE), a specialty chemical company, has outperformed its selected peers so far in 2018. YTD (year-to-date), Celanese has risen ~6%. Its peer Eastman Chemical (EMN) has risen 5% YTD. LyondellBasell (LYB) and Westlake Chemical (WLK) have fallen 7.4% and 21.2%, respectively, YTD. However, CE has underperformed the S&P 500 (SPY), which has gained 8.6% in the same period. Read more about this SPDR S&P 500 (SPY) news

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