Previous Close | 582.35 |
Open | 584.03 |
Bid | 587.51 x 1000 |
Ask | 587.55 x 1000 |
Day's Range | 583.68 - 587.97 |
52 Week Range | 411.02 - 588.05 |
Volume | |
Avg. Volume | 5,030,087 |
Net Assets | 531.09B |
NAV | 582.35 |
PE Ratio (TTM) | 29.46 |
Yield | 1.29% |
YTD Daily Total Return | 23.16% |
Beta (5Y Monthly) | 1.00 |
Expense Ratio (net) | 0.03% |
Inception Date | 2000-05-15 |
Investing.com -- In a note Monday, BCA Research analysts examined the potential impact of the Federal Reserve's recent 50-basis point rate cut on the economy, particularly regarding consumer spending and household borrowing.
Investing.com -- The latest US nonfarm payrolls report on Friday is due to highlight the economic calendar this week.
Recent actions by the Federal Open Market Committee (FOMC), particularly the decision to cut interest rates by 50 basis points, have triggered debate about their broader economic implications. Yardeni Research offers a pointed observation: the current environment resembles the conditions that led to a stock market "meltup" in the 1990s. A meltup refers to a sharp and unsustainable rise in asset prices driven more by a surge in investor sentiment than by improving fundamentals.