ETFs

SPY Edges Up 0.30% on the Day but Remains Deep in Monthly Decline

The SPDR S&P 500 ETF Trust posted a modest daily gain on November 7, 2026, though broader near-term losses continue to weigh on the fund.

By Love Wallet · November 7, 2026

SPY Edges Up 0.30% on the Day but Remains Deep in Monthly Decline
Price
$735.34
24h
+0.30%
1 week
-2.70%
1 month
-5.38%

The SPDR S&P 500 ETF Trust (SPY) closed at $735.34 on November 7, 2026, gaining 0.30% over the prior 24-hour period. The uptick offered a brief reprieve for investors tracking the benchmark U.S. equity fund.

Despite the daily advance, the picture over longer time horizons remains under pressure. SPY has fallen 2.70% over the past seven days and is down 5.38% over the trailing 30-day period, reflecting sustained selling across the broader market.

The gap between the daily gain and the steeper weekly and monthly declines suggests the fund has yet to recover meaningful ground lost in recent weeks. The 30-day slide of 5.38% represents a significant drawdown for a fund that tracks the S&P 500 index.

SPY remains one of the most widely followed exchange-traded funds in the U.S. market. No market capitalization figure was available for this reporting period.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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