S&P 500 Hits 5400 Level: 5 Top-Performing Stocks in ETF

Inflation in the United States cooled down in May for the second consecutive month. The Consumer Price Index rose 3.3% year over year in May, down from an annual growth of 3.4% in April. On a monthly basis, prices held flat for the first time since July 2022. Easing inflation indicates that the economy is stabilizing, and interest rates may be declining. Let's take a closer look at the fundamentals of SPY. SPDR S&P 500 ETF Trust has an AUM of $541 billion and charges 9 bps in fees per year. It trades in an ...