S&P 500, NASDAQ Notch Record Highs on Alphabet Surge
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The SPDR Portfolio S&P 500 High Dividend ETF is an index fund that tracks the 80 highest-yielding companies in the S&P 500. The cutoff to be among the top 80 is a dividend yield of roughly 3.7%, although this isn't always the case due to share price fluctuations and other factors.
The S&P 500 ended every day this week at a new high. The moves have been modest—on Thursday, the index advanced just 0.07%—but this is the longest streak of closing records since last July, according
Friday marked another winning day for the S&P 500 and Nasdaq, as both indexes posted fresh all-time intraday and closing highs.
The textbook idea that the S&P 500 gives you a diversified exposure to risk is just simply no longer the case,” Apollo economist Torsten Sløk told Fortune.
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US stocks end up on earnings, data showing a resilient economy and trade deall optimism. S&P 500 and Nasdaq score records again.
If the S&P 500 has been such a great investment, surely adding a few smart tweaks should make it even better, right? That’s been the theory behind dozens of factor-based spinoffs.
A solid earnings season shows Corporate America’s profit engine is humming along, potentially easing worries that the record-setting rally in US stocks is starting to overheat.
The S&P 500 and Nasdaq notched record high closes on Friday, lifted by optimism the U.S. could soon reach a trade deal with the European Union, while Deckers Outdoor surged following a strong quarter for the maker of UGG boots and Hoka sneakers.
Wall Street’s so-called fear gauge dropped this week as U.S. stocks continued to set record highs, with investors appearing encouraged in part by the White House’s progress on the global trade front.
The NEOS S&P 500 High Income ETF (SPYI) is a newer covered-call ETF that delivers monthly income with better tax efficiency.