The SPDR S&P 500 ETF Trust (ticker: SPY) is an exchange-traded fund designed to track the performance of the S&P 500 Index, representing large-cap U.S. equities.
SPDR S&P 500 ETF Trust (SPY)
$560.01
-$15.91(-2.76%)Today
As of the latest data, SPY’s top holdings include Apple Inc. (7.24%), NVIDIA Corporation (6.07%), Microsoft Corporation (5.84%), Amazon.com, Inc. (3.93%), and Meta Platforms, Inc. (2.88%).
Recently, the U.S. stock market has experienced a sell-off, with the S&P 500 down 8% from recent highs. Analysts at Morgan Stanley anticipate potential support at the 5,500 level, approximately 3% below current levels. This decline is attributed to concerns over tariffs, fiscal-policy drags, and a strong dollar.
Please note that market conditions can change rapidly, and it’s essential to conduct thorough research or consult a financial advisor before making investment decisions.