equities

S&P 500 ETF Flat for the Week as Thursday Bounce Reclaims Dip

Published September 18, 20262 min read

Line chart of SPY (S&P 500 ETF), last week (USD) on a dark background — SPY weathered a midweek storm before Thursday's risk-on rebound brought calm back to markets. Illustration: MarketIntelLabs

SPY, the S&P 500 exchange-traded fund, closed Thursday at $762.60 and heads into Friday essentially flat for the week, after Thursday's risk-on rebound reclaimed a midweek pullback that had briefly knocked the fund to an intraday low of $749.60. Through Thursday the fund sits within 0.2% of the prior Friday's $764.29 close, but the path between the two was anything but calm.

Key Takeaways SPY closed Thursday at $762.60, down 0.2% for the week from last Friday's $764.29. A midweek low of $749.60 on 59.2 million shares of volume on Wednesday was fully reclaimed by Thursday's close. Thursday's risk-on bounce lifted QQQ 1.7% and XLK 2.3% while the VIX fell 12.8% to 15.44. The week played out in t…

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