Latest News for SPLG
Amazon is the latest Big Tech company to report abnormally large earnings growth, thanks to paper gains on Anthropic investments.
The S&P 500 index fund is market-cap weighted, with the biggest companies most heavily represented. One exchange-traded fund offers the same 500 companies in roughly equal measure.
Tech stocks struggled in July. Will the volatility around the AI trade continue in August?
Ferguson Enterprises' stock was rallying more than 8% after news the Newport News, Va., company will be joining the S&P 500 index, edging out better-known names for inclusion.
While there have been pockets of strength, the S&P 500 action shows why we kept a lot of cash this summer.
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