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In this section, you will find important S&P 500 news, actionable trading ideas, and a live SPX500 CFD chart to help you understand the markets better.
What is S&P 500 ?
The S&P 500 is one of the most widely quoted Wall Street indices because it represents the largest publicly traded companies in the USA based on market capitalization of 500 large companies listed on the Wall Street Exchange.
The S&P 500 index uses a market cap weighting method, assigning a higher percentage allocation in the index to companies with the largest market capitalizations. The S&P 500 is different from the Dow Jones Industrial Average 30 and the NASDAQ Composite index, because of its diverse constituency and weighting method. S&P 500 is one of the most followed equity indices, for financial institutions and retail investors and many use it as a benchmark of the U.S. economy. The price of the index depends on the value of the companies included in the index. Many investors believe that the S&P 500 is mirroring the US economy so decide to go long or short the index according to their outlook of the US economy.
SPX 500 CFD Chart
S&P 500 News
American and European futures are tumbling today as the number of Covid-19 cases continue rising around the world. In the US, futures tied to the Dow Jones, S&P 500, and Nasdaq 100 are down by 0.70%, 0.68%, and 0.50%, respectively. Rising Covid-19 cases In Europe, DAX index, FTSE 100, and […]
With no stimulus deal in sight, the S&P 500 index rises slightly on Remdesivir approval.
The weekly initial jobless claims has dropped to the lowest levels since the onset of the coronavirus epidemic in the US, according to the latest data from the US Department of Labor. The number of first-time claims for unemployment benefits dropped from 842K to 787K in the week ended October […]
American stocks are falling in the futures market as traders remain concerned about stimulus and the upcoming US election. The blue-chip Dow Jones is down by more than 130 points while the Nasdaq 100 and S&P 500 are down by more than 0.40%. The CBOE VIX index, has jumped by […]
Buying pressure remains low as hopes for a stimulus fade with each passing day. Investors on the S&P 500 index continue to wait upon a stimulus deal, and price action continues to follow stimulus talks closely. Republicans and Democrats are said to be in last-ditch talks to produce a stimulus […]
An increase in stimulus bets is helping the S&P 500 index higher this Tuesday, but only just. The position of the S&P 500 is also being aided by an increase in Housing Starts and Building Permits in September. Data from the US Census Bureau and the Department of Housing and […]
The S&P 500 index has given up early gains and is now trading 0.15% lower, as hopes for a wide-ranging stimulus package wanes. Senate Republicans have opted to vote on Wednesday for a reduced $300 billion coronavirus relief bill, which is far short of the $2 trillion that Democrats want. […]
Upbeat retail sales data and positive news from Pfizer about its coronavirus vaccine are helping to drive the S&P 500 index higher this Friday. After three successive losing sessions, the S&P 500 bounced back to winning ways after the US retail sales data showed a 1.5% monthly growth in September. […]
US stocks have opened in the red after a variety of economic data shook the markets this Thursday. The coronavirus pandemic seems to have assumed alarming proportions in the UK and France as well as in the US, where data from CNN shows that nearly 36 states have seen dramatic […]