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<a class="text-blackLight no-underline font-extrabold" style="font-weight: 800; color: #3C4857; color: rgba(60, 72, 87, 1); text-decoration: none;">
TOGETHER WITH
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Hi Sarah, here's what you need to know for
<strong>
September 11th
</strong>
in
<strong>
2:57 minutes
</strong>
.
</p>
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<span class="font-normal" style="font-weight: 400;">
TSMC proved that it has both AI brains and iPhone beauty
</span>
</li>
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<span class="font-normal" style="font-weight: 400;">
Here's whether you should take a bite of the big Apple –
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Read Now
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<span class="font-normal" style="font-weight: 400;">
US producer prices came in lower than expected, making an interest rate cut look like a sure thing
</span>
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🗻 Most summits require training, hiking gear, and a willingness to come back from vacation even more tired than before you left. Not this one: hear investing insights from Cathie Wood and other finance A-listers at our
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Second Nature
</span>
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</h4>
<p style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
</p>
<p data-block-key="12izr" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="2fur0" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Success might just be hardwired into TSMC’s circuitry: the chipmaker logged 34% more sales this August than last – its second-best month on record.
</p>
<p data-block-key="70lgt" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
What does this mean?
</b>
</p>
<p data-block-key="hhes" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
TSMC keeps outdoing itself. Over the last three quarters, the Taiwanese firm’s sales increased 30%, then 36%, then
<i>
54%
</i>
versus the same periods the previous year. And that cash is coming from all directions. TSMC is the exclusive manufacturer of Nvidia’s most powerful AI chips
<i>
and
</i>
the go-to producer of Apple’s most advanced iPhone processors. In other words, the chipmaker has range: besides carving out a reputation in the AI sector, TSMC has a hold on consumer tech supply chains, too.
</p>
<p data-block-key="7gaaq" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
Why should I care?
</b>
</p>
<p data-block-key="8808d" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
For you personally:
</i>
</b>
<i>
A TSMC buy signal is flashing us.
</i>
</p>
<p data-block-key="626fb" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
There’s a framework called “
<a style="text-decoration: underline; font-weight: 500; color: #3C4857; color: rgba(60, 72, 87, 1);">
CANSLIM
</a>
” that growth investors use to assess when to buy stocks. Specifically, it looks for companies with growing earnings, new product rollouts, strong pricing power, and supportive market trends – and, well, TSMC checks
<i>
all
</i>
those boxes. There’s more, too: the framework suggested an ideal “buy price” of $248 for TSMC – and the stock hit that after these results…
</p>
<p data-block-key="6u2g9" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
For markets:
</i>
</b>
<i>
Billion-dollar buds.
</i>
</p>
<p data-block-key="9b24a" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
TSMC wasn’t the only firm impressing on Tuesday: Oracle blew Wall Street away too, revealing results from an “astonishing quarter”. The US tech firm has booked $455 billion in future AI cloud business, up from $138 billion only three months ago. That’s thanks to gigantic contracts with the likes of OpenAI, Meta, and xAI. And Oracle’s now predicting that its cloud infrastructure will bring in some $144 billion in annual revenue by 2030 – much more than analysts had forecast. Now, because you need to spend money to make money (Oracle is expecting to drop $35 billion this year alone), it’ll be hard for smaller rivals to match that pace of growth. Investors sure liked what they saw, sending the stock up 27% to notch a record high.
</p>
<p style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
</p>
</div>
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<p data-block-key="arelz" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
<b>
You might also like:
</b>
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
CANSLIM, the secret code that can help you spot the next breakout stocks
</a>
.
</p>
</div>
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<strong>
Copy to share story:
</strong>
<a class="text-black60 font-normal" style="text-decoration: underline; font-weight: 400; color: #71767B; color: rgba(113, 118, 123, 1);" target="_blank">
https://app.finimize.com/content/second-nature
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FROM OUR RESEARCH DESK
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Apple Stock: Should You Bite?
</h2>
<p style="line-height: 1.5; margin-top: 0; margin-bottom: 16px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; color: #FFFFFF; margin: 0;">
Reda Farran, CFA
</p>
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<td style="padding: 8px 32px 0 0;">
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
<img alt="Apple Stock: Should You Bite?" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FRDrop-Cover-Landscape-Apple.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D3c1d88c8c4b5f6841e7c9b905b46ccc2/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTc1Nzc5OTYuMjA3MTc1M30:1uwcKC:ruHqMHRtetZJCRL5SEpGgrmpNNJkkr81AqAMBzrBIb8" style="max-width: 300px; border-radius: 4px;" width="300"/>
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<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
Apple’s latest unveiling
</a>
– the iPhone 17 lineup, new AirPods Pro, and updated Apple Watches – has put its
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
iconic hardware
</a>
back in the headlines.
</p>
<p data-block-key="bbsp6" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
But there's more to Apple than gizmos and gadgets. The firm has been turning one-off product sales into
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
a self-reinforcing ecosystem
</a>
that drives high-margin services.
</p>
<p data-block-key="af47d" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
At the same time, however, regulators are trying to crack open Apple's "
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
walled garden
</a>
".
</p>
<p data-block-key="87icd" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff; color: rgba(255, 255, 255, 1);">
So here’s everything you need to know about the iPhone-maker, including where its valuation currently stands and
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
how the bull and bear theses stack up against each other
</a>
.
</p>
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<b>
Read or listen to the Insight here
</b>
</a>
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*
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SPONSORED BY STATE STREET
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<b>
SPY is the world’s original S&P 500 ETF…
</b>
</h4>
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That means you can
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
trade 500 of America’s biggest companies with one single instrument
</a>
<b>
.
</b>
And convenience isn’t the only thing
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
SPY
</a>
has to offer:
</p>
<p data-block-key="11ogo" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
Record liquidity
</b>
: SPY sees an average of 57 million trades a day.¹ That means you can
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
quickly buy or sell positions
</a>
, giving you flexibility – even during a crisis.
</p>
<p data-block-key="cvql5" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
Trusted provider:
</b>
SPY is managed by
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
State Street Investment Management
</a>
, one of the world’s biggest asset managers. Plus, the ETF is benchmarked to the S&P 500® Index, sourced from one of the most trusted index providers.
</p>
<p data-block-key="8h1oi" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
Diversification:
</b>
SPY has a finger in nearly every pie in the US economy. So not only do you get
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
access to some of the most famous brands
</a>
out there, but you can help protect yourself from falls in a single sector.
</p>
<p data-block-key="2r3sc" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
If you want a diversified US investment with a single trade, you can check out SPY
</a>
.
</p>
</div>
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<td align="left" class="content disclaimer" style="font-size:0px;padding:32px 0 0;word-break:break-word;">
<div style="font-family:Helvetica, Arial, sans-serif;;font-size:13px;line-height:1;text-align:left;color:#000000;">
<p data-block-key="ce44o" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5; color: rgba(159, 161, 165, 1);">
<b>
Footnote:
</b>
</p>
<p data-block-key="4bn0p" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5; color: rgba(159, 161, 165, 1);">
¹ Bloomberg Finance, L.P., as of December 31, 2024. Average 30-day notional dollar trading volume used to determine liquidity.
</p>
<p data-block-key="423st" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0; font-size: 12px; color: #9FA1A5; color: rgba(159, 161, 165, 1);">
See Important Risk Information below*
</p>
</div>
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When you support our sponsors, you support us. Thanks for that.
</p>
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If you want your brand featured here,
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get in touch.
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Econo-Missed
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</p>
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<b>
What’s going on here?
</b>
</p>
<p data-block-key="9mfph" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
US producer prices caught economists off guard, dipping 0.1% in August – the first fall since April.
</p>
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<b>
What does this mean?
</b>
</p>
<p data-block-key="bavvb" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
America’s producer price index – as the name suggests – tracks how much domestic producers are paid for their wares. Economists keep a close eye on it, since the index directly influences the Federal Reserve’s (Fed’s) favorite inflation gauge.
</p>
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This time, the contributing figures were lower than expected. Services prices fell 0.2%, while retail and wholesale margins slipped 1.7%. That suggests that firms are currently absorbing the hit of rising costs themselves, rather than passing it on to their consumers. And
<i>
that
</i>
alleviated worries of short-term inflation upticks, as consumer prices will likely follow in the same direction.
</p>
<p data-block-key="ctdnj" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
So now, there’s almost nothing that could stop the Fed from cutting interest rates next week…
</p>
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<b>
Why should I care?
</b>
</p>
<p data-block-key="cgmbj" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
The bigger picture:
</i>
</b>
<i>
Let’s labor the point.
</i>
</p>
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The Fed’s chairman hinted at a September rate cut a few weeks ago, during his speech at the central bank’s annual conference in Jackson Hole. That makes a lot more sense now: even with tariffs, inflation seems to be headed in the right direction (at least for now).
</p>
<p data-block-key="bl2k5" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
At the same time, the labor market has clearly lost momentum. Last week’s weak payroll report, together with the sharp downward revisions to it that followed this week, showed that hiring is slowing down. That only bolstered concerns about US economic growth: a near-term slowdown is now seen as a bigger threat than inflation, which is why traders are pretty sure that a rate cut is coming.
</p>
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<b>
You might also like:
</b>
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); text-decoration: underline; font-weight: 500;">
Where the investing pros would put $10,000 right now
</a>
.
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<strong>
Copy to share story:
</strong>
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https://app.finimize.com/content/econo-missed
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QUOTE OF THE DAY
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<p class="font-heading font-bold text-navy leading-snug mb-2 text-subtitle" data-block-key="cygyq" style="margin-top: 0; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; font-size: 20px; line-height: 1.375; margin-bottom: 8px; color: #0C73EC; color: rgba(12, 115, 236, 1);">
"The past cannot be cured."
</p>
<span class="text-caption font-normal text-blackLight leading-normal" style="font-weight: 400; font-size: 12px; line-height: 1.5; color: #3C4857; color: rgba(60, 72, 87, 1);">
– Elizabeth I (a former Queen of England and Ireland)
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<b>
When policy shakes markets, know how to trade the tremors
</b>
</p>
<p data-block-key="el0d9" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Tariffs on China. Tighter immigration laws. A possible crypto free-for-all. Big policy shifts can jolt entire industries – and create trading opportunities.
</p>
<p data-block-key="34l14" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
In our latest guide, Theodora teamed up with Direxion to break down three of today’s
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
biggest US policy moves
</a>
, the sectors they could swing, and
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
how to position with leveraged and inverse ETFs
</a>
– whether the market reaction is up, down, or sideways.
</p>
<p data-block-key="9362q" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
It’s part politics, part economics, and all about spotting your next move before the headlines hit.
</p>
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Read The Guide
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🎯 On Our Radar
</p>
<p data-block-key="wnzwo" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
1.
<b>
The cookbook to end all cookbooks.
</b>
Maybe
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
we have enough recipes
</a>
.
</p>
<p data-block-key="55s5p" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
2.
<b>
Swipe the plastic.
</b>
The tech world has a fascination with AI – and
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
a problem with budgets
</a>
.
</p>
<p data-block-key="86sbt" style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
3.
<b>
It’s like the old iPhone, but
</b>
<b>
<i>
skinny
</i>
</b>
<b>
.
</b>
Here’s
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
everything Apple announced
</a>
at its latest launch event.
</p>
<a style="color: #204CE9; color: rgba(32, 76, 233, 1); font-weight: 500; text-decoration: underline;">
<h4 style="font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.25; margin-bottom: 16px; color: #171E27; color: rgba(23, 30, 39, 1); font-size: 20px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
<img alt="Trending on Reddit: Apple launches iPhone 11... again" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252F9u3ybxvzj6of1.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D6b2bb51a6f18fcac767d2b62b8a3aec7/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NTc1Nzc5OTYuMjA3NTM5Nn0:1uwcKC:a2y--7OkdjNEOmeLD9gjX9Pc3XHa_v4D8KIo3GkuWIU" width="100%"/>
</h4>
<p style="font-size: 16px; line-height: 1.5; color: #283444; color: rgba(40, 52, 68, 1); font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
Trending on Reddit: "Apple launches iPhone 11... again"
</p>
</a>
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<b>
*Important Risk Information
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<b>
State Street Global Advisors (SSGA) is now State Street Investment Management. Please click
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here
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for more information.
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Investing involves risk including the risk of loss of principal.
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The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA's express written consent.
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All information is from SSGA unless otherwise noted and has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.
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The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor.
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ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
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Passively managed funds invest by sampling the index, holding a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.
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The trademarks and service marks referenced herein are the property of their respective owners. Third party data providers make no warranties or representations of any kind relating to the accuracy, completeness or timeliness of the data and have no liability for damages of any kind relating to the use of such data.
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There can be no assurance that a liquid market will be maintained for ETF shares
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Diversification does not ensure a profit or guarantee against loss.
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The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its affiliates (“S&P DJI”) and have been licensed for use by State Street Global Advisors. S&P®, SPDR®, S&P 500®, US 500 and the 500 are trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones Indices; and these trademarks have been licensed for use by S&P DJI and sublicensed for certain purposes by State Street Global Advisors. The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of these indices.
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ALPS Distributors, Inc., member
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FINRA
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, is distributor for SPDR® S&P 500®, SPDR® S&P MidCap 400® and SPDR® Dow Jones Industrial Average, all unit investment trusts. ALPS Distributors, Inc. is not affiliated with State Street Global Advisors Funds Distributors, LLC.
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<b>
Before investing, consider the funds’ investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit www.ssga.com. Read it carefully.
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© 2025 State Street Corporation. All Rights Reserved.
<b>
United States:
</b>
State Street Global Advisors, 1 Iron Street, Boston, MA 02210-1641.
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<b>
Not FDIC Insured – No Bank Guarantee – May Lose Value
</b>
</p>
<p data-block-key="sb46" style="line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; font-size: 12px; color: #9FA1A5; color: rgba(159, 161, 165, 1);">
Adtrax Code: 8311117.1.1.AM.RTL SPD004087
</p>
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Expiration date: 09/30/26
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You stay classy, Sarah 😉
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Image credits: Midjourney | Midjourney
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