Previous Close | 184.46 |
Open | 184.23 |
Bid | 183.74 x 1300 |
Ask | 184.96 x 1800 |
Day's Range | 183.85 - 184.77 |
52 Week Range | 142.59 - 185.29 |
Volume | |
Avg. Volume | 4,659,478 |
Net Assets | 20.9B |
NAV | 183.99 |
PE Ratio (TTM) | 28.71 |
Yield | 0.75% |
YTD Daily Total Return | 3.06% |
Beta (5Y Monthly) | 1.30 |
Expense Ratio (net) | 0.09% |
Inception Date | 1998-12-16 |
The S&P 500 has had a remarkable run over the past five months, chalking up a 25% gain. But contrary to feelings that things have risen too quickly, history says that strength begets strength.
The stock market (^DJI, ^IXIC, ^GSPC) is in bloom, opening the morning in the green after Monday's pullbacks. Consumer discretionary stocks (XLY) lead sector gains this morning. Yahoo Finance Live analyzes the market and sector action happening after Tuesday's market open. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like The TJX Companies (TJX) and Burlington Stores (BURL), however, have held up as consumers seek sales elsewhere under the pressure of inflation. JLL Americas President of Retail Naveen Jaggi joins Yahoo Finance Live to discuss the state of retail and the consumer, as well as the success of brands like Burlington. He discusses Burlington's recent growth and how it relates to the consumer: "Today, they're opening over 60 stores a year and they're taking 50, 60, 70,000 square feet in some places. To me, I'm watching that entire sector and saying where the US consumer is shopping, that's the sector I want to watch because that tells me where we spend our dollars has the most sustainability in the long run and today more than ever, the dollar value sector is grabbing a more lion's share of the US consumer than ever before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino