News Formal

The index fund cushion is an equal opportunity booster for stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 77%
  • Publisher: 72%

Meta Platforms Inc News

Apple Inc,Boeing Co,Caterpillar Inc

S&P 500 index and ETF money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades.

Credit the index funds. They sop up the cash and distribute the money like a weighted-stock trampoline, jumping in the moment of a decline, desperate money seeking a home and finding it in the S & P 500 . It's unseen because it comes in hidden over the transom. The Vanguard S & P 500 ETF alone attracted $71 billion in net inflows over the first nine months of this year, according to Morningstar . That beats the record the SPDR S & P 500 ETF Trust set in 2023 by $20 billion.

Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019.Credit the index funds. They sop up the cash and distribute the money like a weighted-stock trampoline, jumping in the moment of a decline, desperate money seeking a home and finding it in the. It's unseen because it comes in hidden over the transom.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to hedge the overall market with several critical events just around the cornerMike Khouw lays out a put spread trade on the SPDR S&P 500 ETF trust.
Source: CNBC - 🏆 12. / 72 Read more »

A Sign of Things to Come as EM Stocks Begin to Outperform US CounterpartsStocks Analysis by James Picerno covering: SPDR® S&P 500, Vanguard Total World Stock Index Fund ETF Shares, Vanguard FTSE Emerging Markets Index Fund ETF Shares, iShares Latin America 40 ETF. Read James Picerno's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Goldman Sachs raises S&P 500 EPS, index price target ahead of 3Q earningsGoldman Sachs raises S&P 500 EPS, index price target ahead of 3Q earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes above 5,800 for first time ever as banks rallyStock market today: S&P 500 closes above 5,800 for first time ever as banks rally
Source: Investingcom - 🏆 450. / 53 Read more »