SPDR S&P 500 ETF (SPY)
NYSEArca - NYSEArca Real Time Price. Currency in USD
- Editor's PickSam Ro•19 hours ago
“The current streak of market stability represents the longest period without a 1%+/- daily move since the summer of 2014,” Goldman Sachs’ David Kostin said of the trend on Friday. While this may be a welcome calm for investors, some Wall Street experts argue that the low volatility is unexpected and unwarranted in light of the global uncertainty we read about in the news everyday. In addition to the volatile global political environment, the impending tightening of monetary policy by the Federal Open Market Committee (FOMC) poses a very direct risk to the financial markets.
- Forbes•7 hours ago
Last Thursday, everyone was awaiting the Friday Jackson Hole speech from Janet Yellen. I suggested that, while all eyes were on Yellen, maybe Haruhiko Kuroda (the head of the BOJ) would steal the show: "he could conjure up some Bernanke style QE3. Not a bad bet to be long USD/JPY
- Barrons.com•9 hours ago
The Nasdaq Composite declined 0.2% to 5,222.99. JP Morgan (JPM), Goldman Sachs (GS), and Citi (C) look a lot more enticing. JPMorgan has just broken out to a new high, while Goldman Sachs and Citigroup are on the verge of breakouts.