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Major indexes were headed for their first weekly loss in six weeks. US stocks were up on Friday but headed for a weekly loss, with major averages on track to snap a six week streak of gains.
The SPDR S&P 500 ETF Trust is an exchange-traded fund which trades on the NYSE Arca under the symbol SPY (NYSE Arca: SPY). The ETF is designed to track the S&P 500 index by holding a portfolio comprising all 500 companies on the index. [1] It is a part of the SPDR family of ETFs and is managed by State Street Global Advisors. [2]
All three major indexes moved higher in late trading following Powell's comments about the strength of the US economy. ... The 10-year Treasury yield was higher by 4 basis points at 3.795% ...
Major stock indexes surged to record highs on Thursday, a day after a jumbo rate cut from the Federal Reserve. The S&P 500 and the Dow Jones Industrial Average both closed at fresh all-time highs ...
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S&P Dow Jones Indices LLC is a joint venture between S&P Global, the CME Group, and News Corp that was announced in 2011 and later launched in 2012. It produces, maintains, licenses, and markets stock market indices as benchmarks and as the basis of investable products, such as exchange-traded funds (ETFs), mutual funds, and structured products.
Of the 37% of S&P 500 companies that have released financials, 75% have beat earnings estimates, on par with the 10-year average, according to a FactSet analysis.
US stocks rose Monday as investors await the Fed's interest rate decision on Wednesday. The Fed's final meeting of the year is expected to include a 25 basis points interest rate cut.