SPY will close above $775 on August 17. That close will extend the rally that saw the S&P 500 rise 0.7% to 7,798.99 on Thursday, its 27th all-time high of 2026, and will follow the August 14 SPY print of $776.34 reported by exa.ai. AP News linked last week’s buying to cool inflation, with CPI up 0.…