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Trump Baby Savings Accounts Fuel Massive S&P 500 ETF Inflows via SPYM

Wealth Management Read original source (opens in a new tab)
The Story

News Summary

  • Trump Accounts newborn savings program defaults to State Street's SPYM ETF, expected to funnel ~$12B annually into S&P 500 index funds, boosting long-term demand for large-cap US equities.
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US500 price history

7656.98 +14.20% over the displayed period

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