Previous close | 473.24 |
Open | 476.30 |
Bid | 472.38 x 100 |
Ask | 485.80 x 100 |
Day's range | 471.53 - 477.60 |
52-week range | 342.35 - 503.52 |
Volume | |
Avg. volume | 37,041,374 |
Net assets | 288.54B |
NAV | 475.43 |
PE ratio (TTM) | 38.53 |
Yield | 0.61% |
YTD daily total return | 16.42% |
Beta (5Y monthly) | 1.18 |
Expense ratio (net) | 0.20% |
Inception date | 1999-03-10 |
Investors' confidence in a soft landing is growing as markets eye the first interest rate cut from the Federal Reserve since 2020.
Recent market history shows the Federal Reserve typically only starts interest cuts with 50 basis point reductions when the economy is significantly weakening.
More than halfway through the third quarter, Wall Street strategists believe earnings projections are showing "resilience."