State Street SPDR Portfolio MSCI Global Stock Market ETF

SPGM · AMEX

Market closed$84.54$-0.680000 (-0.80%)After hours $84.50 · -0.05%

Key statistics

Previous close$85.22
Open$84.10
Day high$84.85
Day low$84.06
52-week high$86.84
52-week low$68.86
Market cap1.82B
Volume45.50K
Average volume242.83K
P/E ratio22.11
Forward P/E
EPS3.82
Dividend yield0.00%

Market context

Why it moved

SPGM, a global equity ETF, edged lower today amid broad market caution driven by ongoing macroeconomic uncertainty, including concerns over U.S. debt ceiling tensions and mixed global sentiment weighing on diversified international equity holdings.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026The SPDR Portfolio MSCI Global Stock Market ETF edged lower, weighed down by a broadening AI-driven tech selloff that has erased $3.3 trillion in semiconductor market value since late June. Alphabet fell sharply after Bloomberg reported delays in Gemini 3.5 Pro, Netflix tumbled over 8% in after-hours on weak guidance, and Meta declined amid mounting concerns that its $135 billion 2026 capex midpoint exceeds its prior-year operating cash flow — all pressuring SPGM's top holdings. Escalating U.S.-Iran military exchanges and disrupted Strait of Hormuz tanker traffic added geopolitical risk, while global equity markets in Asia saw steep declines, reinforcing the risk-off tone that weighed on this broad global equity fund.

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July 16, 2026The SPDR Portfolio MSCI Global Stock Market ETF edged lower, pressured by a broad global tech selloff as Alphabet's Gemini 3.5 Pro delay rattled AI sentiment and TSMC's record Q2 earnings paradoxically triggered selling in AI chip names including top holdings NVDA and TSM. The weakness in megacap tech weighed on the fund's largest positions, while the S&P 500 also slipped ~0.4%, though the Financial Services sector ETF held near 52-week highs as strong bank earnings from Goldman Sachs and peers provided an offset.

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July 15, 2026The SPDR Portfolio MSCI Global Stock Market ETF edged modestly higher, buoyed by a broader market recovery following a softer-than-expected June CPI report and strong Q2 bank earnings from Goldman Sachs, JPMorgan, and others. Top holdings NVIDIA (+4.1%) and Apple led gains as semiconductor stocks rebounded from Monday's selloff, while IBM's historic 25% plunge and ongoing U.S.-Iran tensions — which pushed oil prices to multi-week highs — capped upside. Investors are also monitoring TSMC's upcoming Q2 earnings, China's GDP miss, and the start of a major earnings season, all key drivers for SPGM's globally diversified portfolio.

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July 14, 2026The SPDR Portfolio MSCI Global Stock Market ETF closed modestly higher, edging up roughly 0.49% on a day dominated by crosscurrents for its top holdings. A cooler-than-expected June CPI reading (3.5% headline) lifted sentiment after Monday's Iran-driven selloff, helping the S&P 500 recover, while Goldman Sachs surged over 7% on a strong Q2 earnings beat, supporting financials. However, semiconductor names—including top holdings NVDA and TSM—faced continued pressure as the Philadelphia Semiconductor Index remains well below its June peak, and Apple edged lower after a KeyBanc downgrade to sell on slowing iPhone growth concerns.

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July 13, 2026The SPDR Portfolio MSCI Global Stock Market ETF declined modestly during the regular session and is extending losses sharply in after-hours trading, now down over 3% from the close, as a confluence of macro headwinds weighs on global equities. Renewed U.S.-Iran military conflict drove crude oil prices up nearly 5%, stoking inflation fears and pressuring risk assets broadly, while a broad selloff in Asian semiconductor stocks — led by SK Hynix plunging ~14% — rattled tech-heavy indices ahead of a pivotal earnings week. The ETF's top holdings, including NVIDIA, Apple, Microsoft, and TSMC, all face scrutiny as investors brace for TSMC's Q2 results and major U.S. bank earnings, with geopolitical uncertainty and chip sector volatility creating a challenging backdrop for the fund's globally diversified equity exposure.

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July 11, 2026The SPDR Portfolio MSCI Global Stock Market ETF edged modestly higher, mirroring the S&P 500's 0.42% gain as Wall Street showed continued appetite for AI-driven winners. The fund's top holdings — including NVIDIA (+3%), Apple (at an all-time high), Meta (surging ~14% on the week on its Muse Spark AI release), and TSMC (ahead of an anticipated Q2 guidance raise) — provided broad tailwinds for the global equity benchmark. Separately, a NerdWallet analysis highlighted SPGM as one of just three large-cap world stock market ETFs passing the diversification "5% test," while a Yahoo Finance piece contrasted it favorably against iShares ACWI on cost and geographic breadth. However, the ETF slipped 1.17% in after-hours trading, potentially reflecting lingering geopolitical concerns around the Iran-U.S. conflict and cautious pre-earnings sentiment ahead of Q2 reporting season.

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July 9, 2026The SPDR Portfolio MSCI Global Stock Market ETF edged higher on Thursday, outperforming its financial sector peers as global equities stabilized after sharp mid-week swings. Wall Street navigated a volatile backdrop driven by renewed U.S.-Iran military exchanges that raised fresh oil supply fears and inflation concerns, pushing Treasury yields higher and weighing on risk sentiment earlier in the week. Despite the geopolitical turbulence, the fund found support from resilient corporate earnings momentum — S&P 500 Q2 profits are forecast to rise ~23% year-over-year — and renewed confidence in top holdings like Nvidia (aided by Citi commentary) and Broadcom (boosted by a $30B Apple chip deal). In after-hours trade, the ETF is extending gains, adding further to the day's advance.

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July 8, 2026The SPDR Portfolio MSCI Global Stock Market ETF closed modestly lower, pressured by a broad global risk-off move after President Trump declared the U.S.-Iran peace framework "over," sending crude oil prices surging over 5% and triggering selloffs across equities worldwide. The fund's top holdings — including Nvidia, Apple, Microsoft, Amazon, and TSMC — all faced headwinds from geopolitical tensions, rising Treasury yields, and a chip-driven tech selloff, while investors also awaited Fed minutes from the June meeting amid renewed inflation concerns tied to the oil spike.

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