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This Article is From Mar 03, 2017

What's Hotter Than the S&P 500? How About an S&P 500 ETF: Chart

What's Hotter Than the S&P 500? How About an S&P 500 ETF: Chart

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(Bloomberg) -- The S&P 500 Index posted its best day in almost four months Wednesday, climbing 1.4 percent to a record close following President Donald Trump's speech before Congress. But that's nothing compared to the biggest exchange-traded fund tracking the index. Investors poured more than $8.2 billion into the $250 billion SPDR S&P 500 Fund, data from Bloomberg show, making it the ETF's biggest daily inflow since December 2014.

To contact the reporter on this story: Dani Burger in New York at dburger7@bloomberg.net.

To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Eric J. Weiner, Brendan Walsh

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

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