S&P 500 dips, as healthcare weighs; Dow ends higher
The S&P 500dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.The S&P 500 financial sectorhit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector3.9%, its biggest $one$-day gain in nearly four months. The heavyweight tech sectorfell while the healthcare sectorwas dragged down by a weak profit forec
Why Stock Market Gains Are 'Likely To Slow' As Economy Reopens
The SPDR S&P 500 ETF Trust SPY 0.19% has generated a 90.6% total return since the market bottomed in March 2020.Economists and analysts are anticipating a major global economic boom in the quarters ahead, yet the S&P 500 has made virtually no progress over the past month.No More Easy Money: This week, LPL Research analyst Jeff Buchbinder said investors should expect stock market gains toslow significantlyin the second half of 2021 as inflationary pressures and rising interest rates weigh on inve