Best sp 500 etf

The S&P 500 and Nasdaq jumped to all-time records on Tuesday (Apr 23) following a barrage of mostly positive earnings reports that boosted confidence in the economic outlook. A Wall Street sign is pictured outside the New York Stock Exchange in New York.,Photo Bryan R. Smith/AFP/Getty The broad-based S&P 500 finished at 2,933.68, up 0.88 per cent and three points above the previous record in September. The tech-rich Nasdaq Composite Index advanced 105.55 points (1.32 per cent) to 8,120.82, also a record, while the Dow Jones Industrial Average gained 145.34 points (0.55 per cent), rising to 26,656.39, leaving it about 170 points short of its own all-time high. Investors had been cautious heading into first-quarter earnings period, owing to expectations for an overall drop in profits. But a broad range of companies charged higher on Tuesday following earnings reports, including defense giant Lockheed Martin, soft drinks company Coca-Cola, toymaker Hasbro and social … [Read more...] about S&P 500, Nasdaq end at record highs after solid earnings

Wall Street stocks finished mostly lower on Tuesday (Mar 19) following conflicting reports on US-China trade talks and as the Federal Reserve began a two-day monetary policy meeting. A street sign for Wall Street outside the New York Stock Exchange (NYSE) in Manhattan, New York City. (Source: REUTERS/Andrew Kelly/File Photo/File Photo) The Dow Jones Industrial Average ended down 26.72 points (0.10 per cent) at 25,887.38. The broad-based S&P 500 lost 0.37 points (0.01 per cent) at 2,832.57, while the tech-rich Nasdaq Composite Index edged up 9.47 points (0.12 per cent) to 7,723.95. Stocks spent much of the day solidly positive but weakened following a Bloomberg report that described tensions between the United States and China on trade terms that could pose problems for a broad agreement. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will return to Beijing next week to resume talks, a senior administration official told AFP on Tuesday. … [Read more...] about Dow, S&P 500 dip as markets eye Fed, trade talks

The latest escalation in the US-China trade row weighed on industrial stocks on Monday (Sep 24), pushing the Dow and S&P 500 lower. Dow, S&P 500 fall on latest US-China trade barbs, File photo/STAN HONDA/AFP/Getty Images The Dow Jones Industrial Average finished down 181.45 points (0.68 per cent) at 26,562.05. The broad-based S&P 500 dropped 10.30 points (0.35 per cent) to 2,919.37, while the tech-rich Nasdaq Composite Index gained 6.29 points (0.08 per cent) to 7,993.25. New US tariffs on another US$200 billion of Chinese imports took effect Monday, a move that prompted retaliatory tariffs from Beijing on US$60 billion in American goods. China has also reportedly scotched negotiations that had been expected later this week in another twist that was likely to dent investor hopes for a speedy resolution to the impasse. Industrial companies generally lagged the broader market, with Caterpillar losing 1.5 per cent, Arconic 5.5 per cent and Stanley Black & Decker … [Read more...] about Dow, S&P 500 fall on latest US China trade barbs

Wall Street stocks jumped to fresh records on Friday (Aug 24) after Federal Reserve Chair Jerome Powell said there was no sign of an overheating economy and policymakers expected to continue gradual interest rate increases. Traders work on the floor of the New York Stock Exchange. (Photo: Spencer Platt/Getty Images/AFP) The broad-based S&P 500 gained 17.71 points (0.62 per cent) to 2,874.69, its first closing record since January. The Nasdaq rose 67.52 points (0.86 per cent) to 7,945.98, also a fresh record, while the Dow Jones Industrial Average gained 133.37 points (0.52 per cent) to 25,790.35, about 825 points below its all-time high. Powell, in a much-anticipated address at an annual central banker conference in Wyoming, noted that the US economy remained strong, while prices were rising at about the Fed's target pace of two per cent. "We have seen no clear sign of an acceleration above two per cent and there does not seem to be an elevated risk of overheating," … [Read more...] about S&P 500, Nasdaq end at records after Fed speech