RSP Stock Recent News

The S&P 500 posted its largest weekly loss in over two months, falling 2.4%. This followed its worst day in over two months, a 1.6% loss on Friday after the release of the July jobs report.

This article offers a top-down analysis of the S&P 500 Index based on sector metrics versus historical averages. Energy remains the top sector for value and quality, while materials, technology, and industrials are deeply overvalued. Invesco S&P 500 Equal Weight ETF (RSP) offers value characteristics, but has underperformed SPY recently due to mega-cap outperformance.

The S&P 500 notched a new record high every day this week, ultimately finishing the week up 1.5%. The table below summarizes the number of record highs reached each year dating back to 2013.

In today's equity market, where a handful of mega-cap names continue to dominate index performance, many investors are reassessing how they gain exposure to large-cap equities. The traditional market-cap-weighted approach, while efficient, increasingly exposes portfolios to concentration risk.

Designed to provide broad exposure to the Style Box - Large Cap Blend category of the market, the Invesco S&P 500 Equal Weight ETF (RSP) is a smart beta exchange traded fund launched on 04/24/2003.

Last week's economic data presented a picture of consumer resilience emerging alongside the continued challenge of rising inflation. While consumer spending staged a significant rebound in June, inflation heated up for a second straight month.

Index investing has grown increasingly popular in recent years, as more and more retail investors learn about the simplicity and low fees associated with the strategy.

In an uncertain market, I stick to five core investing principles: stay the course, specialize, diversify, trust proven experts, and keep some cash. Dividend growth investing (DGI) remains my strategy, with a focus on reliable cash flow compounding and growing dividends to eventually replace labor income. I diversify beyond my real estate core by blending passive DGI ETFs and selecting active ETFs with proven outperformance.

The S&P 500 notched a new record high this week, its ninth of the year. The index ultimately finished the week up 0.6%, its third weekly gain in the past four weeks.

The S&P 500 is the stock market's most followed index by a large margin. It tracks the performance of 500 of the largest American companies on the stock market, and is often used to gauge how the overall market (and U.S. economy) is performing.