sp500

It's downgrade déjà vu. Late Friday, after Wall Street had already packed up for the weekend, Moody's quietly dropped the hammer: the U.S. just got its credit rating cut from Aaa to Aa1. If this feels familiar, that's because it is – and the market's playbook has been pretty consistent. The...

From despair to euphoria in record time, the S&P 500 has pulled off a historic U-turn, rallying 22% from its April 7 lows to turn green on the year. Chart created using Benzinga Pro Charlie Bilello, founder of Compound Capital Advisors, called it “one of the biggest short-term comebacks...

Coinbase Global Inc. (NASDAQ:COIN) is enjoying a breakout moment – on the chart and in the headlines. Shares of the crypto exchange have soared nearly 47% over the past month, outpacing Bitcoin's 22% gain and leaving the S&P 500's 9% rally in the dust. The catalyst? A one-two punch: its...

The S&P 500 is quietly pulling off a winning streak that even some bulls didn't see coming. For the second quarter in a row, the index has notched double-digit earnings growth – clocking in at 13.4% for the first quarter – leaving ETF investors in the SPDR S&P 500 ETF (NYSE:SPY...

Wall Street's darling rally just hit a technical speed bump. According to JPMorgan’s Jason Hunter, the S&P 500 and its heavyweight tech crew — the Magnificent Seven — are stuck below crucial resistance levels, raising the risk of a summer slump before any sustainable comeback. S&P 500...

Editor's Note: This article has been updated to reflect that the fund formerly known as the Invesco Defensive Equity ETF is now the Invesco Bloomberg Pricing Power ETF. The S&P 500's fireworks this week may have lit up Wall Street, but Jeremy Siegel isn't buying into the revelry just yet. Pause...

Most sectors are stumbling, but the more defensive corners of the S&P 500 are quietly setting up for a comeback. That’s according to JPMorgan's Jason Hunter, who breaks the market into three camps: Former leaders (Tech, Consumer Discretionary, Financials) Cyclical sectors (Industrials,...

As the holiday shopping season begins to ramp up, the Consumer Discretionary sector is making waves. It is outperforming the broader S&P 500 Index. The sector posted an impressive 11.02% gain in November, significantly outpacing the S&P 500’s 3.42% increase. The Consumer Discretionary...

Over the past month, industrial stocks have taken off, with the Industrial Select Sector SPDR Fund (NYSE:XLI) surging by 6.10%, outpacing the broader S&P 500's 3.72% gain. The charge was led by aviation giants United Airlines Holdings Inc (NASDAQ:UAL) and Delta Air Lines Inc (NYSE:DAL), two...

Retail industry veteran Seth Golden recently warned that, according to a widely used oscillator Williams %R, the S&P 500 has been overbought for an entire year. Golden, a hedge fund consultant who previously worked for household names such as Target and now-defunct Bed Bath & Beyond,...

While the S&P 500 is up 20.30% year-to-date, utilities — tracked by Utilities Select Sector SPDR Fund (NYSE:XLU) — have surged by 26.99%. The sector is outpacing the market's biggest names, including tech and communication services. The leaders posting significant gains in this space include...

Palantir Technologies Inc. (NYSE:PLTR) is gearing up for a significant milestone: its inclusion in the S&P 500 index, effective Sept. 23. S&P 500 Inclusion Boosts Palantir's Stock This move will see Palantir replace American Airlines Group Inc (NASDAQ:AAL), Etsy Inc (NASDAQ:ETSY) and Bio-...

As June approaches, investors are eyeing potential additions to the S&P 500 index, looking for opportunities to ride the wave of hype and speculation. Possible SP500 Inclusions June 20th? byu/breakyourteethnow instocks Redditor breakyourteethnow anticipates Palantir Technologies Inc (NYSE:...

The S&P 500’s descent below the 5,000 mark marks a two-month low, bringing the index’s worst monthly performance since December 2022 into sharp focus. After closing in the red for the last six sessions, the index — tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — is currently...