Economy, Stock Market, ETF, #SPY Market Weekly Update ~ May 8-12, 2023

The May 8-12, 2023, SPY Market Weekly Update includes the following:

• Daily news leads.
• Daily SPY market close and statistics.
• Daily SPY volume and statistics.
• Observed support and resistance levels.
• Recap of the week graph, highlighting major news leads.
• 5-Week recap graph, highlighting major news leads.

What is SPY?

• The SPY is an exchange traded fund (ETF) that tracks the S&P 500 Index.
• The SPY ETF aims to track the Standard & Poor’s 500 Index, which comprises 500 large-cap U.S. stocks.
• The S&P 500 serves as one of the main benchmarks of the U.S. equity market and indicates the financial health and stability of the economy.

Disclaimer: The content covered in this weekly update is NOT to be considered as investment or trading advice.