S&P 500

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 

Nasdaq

S&P 500 Index Opens Lower Ahead of FOMC Decision

The S&P 500 index opened lower this Wednesday, as traders realign their positions ahead of the decision by the Federal Open Market Committee (FOMC) of the US Federal Reserve. Dankse Bank analysts expect the major trigger from the decision to centre around the Fed’s language in describing its plans for […]

Nasdaq

Record ISM Services PMI Reading Lifts S&P 500 Index

The S&P 500 has recovered from initial losses in Thursday’s trading session, after the ISM Services PMI data surprised to the upside.  The Institute of Supply Management reports that the business conditions index in the U.S. services sector rose from 62.7 to 64.0, beating the market consensus number of 63.0. […]

Nasdaq

S&P 500 Index Marches Towards 4220 Despite Flat GDP Data

The S&P 500 index opened higher on Thursday, shaking off poor data and embracing rising bond yields instead. US 10-year bond yields were sharply higher on Thursday, gaining more than 2% to send financial stocks listed on the S&P 500 soaring. The higher open by Financials and the further drop […]

Dow Jones New York Stock Exchange

S&P 500 Trades Lower As US Consumer Confidence Falters

Despite a bullish start to the day, the S&P 500 index now finds itself in negative territory due to the downbeat consumer confidence data. According to Conference Board Inc, the consumer confidence index in the US fell from 117.5 (a downward adjustment) in April to 117.2. This was a shortfall […]