Boom! The SPY Hits This Bellwether Again: A Comprehensive Look At The Stock Market
The SPDR S&P 500 (NYSE: SPY) opened 0.84% lower Friday after the futures market began to slide just after 6 a.m.
The SPY was likely to retrace because on Thursday, the stock market fund was unable to close the trading session above the 200-day simple moving average (SMA).