After recent volatility in the markets and 1,000+ point swings in the Dow, investors may be a little spooked. Matthew Battipaglia, portfolio manager at Washington Crossing Advisors, says earnings growth will provide support in the long term. He expects the economy to grow at a rate of 3 percent going forward, which can help stocks resume their rally. We take a look at the activity around the S&P 500 Index ETF, the SPY, and where demand for the security is right now.

Share:
More In Business
Sex is a big market for the AI industry. ChatGPT won’t be the first to try to profit from it
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
Load More