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

  • What Has Been Driving Whiting Petroleum’s Stock? [July 19 2018 12:20 PM]
  • Whiting Petroleum (WLL) stock has been increasing since the beginning of this year. The stock has risen ~82.93% since the beginning of 2018 and 144% on a year-over-year basis. Read more about this SPDR S&P 500 (SPY) news
  • The S&P 500 and Crude Oil Prices Climb [July 19 2018 10:42 AM]
  • The S&P 500 rose ~0.2% to 2,815.62 yesterday, its highest closing since February 1, supported by US banking stocks’ better-then-expected second-quarter results. Five out of the S&P 500’s 11 key sectors advanced yesterday. Meanwhile, the SPDR S&P 500 ETF (SPY) rose ~0.2% to $281.06 yesterday, and E-Mini S&P 500 futures fell 0.04% in early morning trading today. Read more about this SPDR S&P 500 (SPY) news

  • EM, Cash May Be Best Spots for the Next 7 Years, Says GMO [July 19 2018 09:59 AM]
  • Grantham, Mayo, Van Otterloo, better known as GMO, tend to take a more sober view of the market. GMO has favored emerging markets for a while, but it's an area investors are fleeing. Capital Economics wrote in a note this morning that its capital flows tracker suggests an acceleration in money leaving emerging markets, with an estimated $40 billion leaving in June versus $10 billion in May... Read more about this SPDR S&P 500 (SPY) news

  • Margins Still Have Upside Despite Cost Pressures [July 19 2018 09:36 AM]
  • Higher oil prices and rising wages have some concerned that corporate profit margins could come under pressure. Not so, says Credit Suisse strategist Jonathan Golub. In his latest note today, Golub writes that he expects higher profit margins to drive 3.1 percentage points of the 20.4% expected EPS growth from S&P 500 companies during the second-quarter of 2018 to be even after excluding the tax... Read more about this SPDR S&P 500 (SPY) news

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