144.25 +2.15 (1.51%)
After hours: 7:54PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||140.85 - 146.18|
|52 Week Range||91.15 - 172.45|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
What Boosted the Leading Economic Index in 2017? The S&P 500 Index (SPY) closed 2017 with gains of ~19.4% and is on track for further gains, backed by the impact of tax cuts and impressive corporate performances. The S&P 500 index is inching closer to the 2,900 mark, amid positive earnings reports from US corporations, and is looking to break new records in coming months.
Yee-haw! If you’re a Cowboy-type investor, then you’re probably looking to ride this crazy bull market till you get tossed. That’s my ridiculous way of saying that this bull market continues to blaze along, despite it being very long in the tooth. It is the second most expensive market in history, and is about 30% overvalued.
ProShares, a premier provider of ETFs, announced today that it expects that none of its 112 equity and fixed income ETFs will pay a 2017 capital gain distribution.
SPY recorded yet another lifetime high of 2,440.04 on Friday, June 2, gaining 0.96% for the week and continuing its 1.43% gain from the previous week.
People are worried about the possible SEC approval of 4x leveraged ETFs, but you should not let 400% leverage concern you. In this podcast, I explain why quadruple leverage is no better or worse than plenty of other funds already on the market in the leverage ETF world.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.