Stock, Bond ETFs React to Tariff News; VOO Hits Bear Market
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Market Decline: Major stock, bond, and commodity ETFs experienced significant declines due to market volatility triggered by President Trump's tariffs, with S&P 500 funds like VOO falling into bear market territory and losing nearly 20% since February's peak.
Investor Sentiment: The current market environment is characterized by uncertainty, prompting investors to seek safer options such as buffer ETFs, while few investments showed gains amidst widespread losses.
Analyst Views on SPY
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 688.980
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Current: 688.980
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
