Previous close | 7,437.09 |
Open | 7,438.63 |
Bid | 7,441.12 x 200000 |
Ask | 7,443.30 x 400000 |
Day's range | 7,424.00 - 7,455.50 |
52-week range | 5,690.00 - 7,600.00 |
Volume | |
Avg. volume | 11,659 |
Net assets | 248.36B |
NAV | 440.19 |
PE ratio (TTM) | 4.75 |
Yield | N/A |
YTD daily total return | N/A |
Beta (5Y monthly) | N/A |
Expense ratio (net) | 0.20% |
Inception date | 1999-03-10 |
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
Stock buybacks are soaring in another sign that companies are feeling better about the macroeconomic outlook.
Earnings for the S&P 500 are growing at their fastest rate since 2022 and analysts see that trend continuing into next quarter, setting up a positive backdrop for stocks.