SPY News: 5 Top Best Performing S&P 500 ETF Stocks of May - 4th Jun 2024, 1:00am

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The S&P 500 jumped 4.3% in May, marking its best month since February. The broad market index topped the 5,300 milestone for the first time during the month, underscoring strong confidence. Solid corporate earnings, the Fed’s rate cut bets and the ongoing AI boom drove the stocks higher.

SPDR S&P 500 ETF Trust SPY, the proxy version of the S&P 500 Index, gained 2.5% in May. While many stocks powered the ETF, we have highlighted five that gained in double-digits and have a solid Zacks Ran...

>>> Read more: 5 Top Best Performing S&P 500 ETF Stocks of May
 
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