The S&P 500 is trading higher today as the US markets respond positively to the end of the long-drawn US presidential election battle that willculminate in the swearing-in of Joe Biden as the new President later today. Biden has promised to wage war on the coronavirus pandemic in the USusing […]
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
The S&P 500 index has received a positive but cautious directional outlook from economists at Credit Suisse bank. The outlook states that the S&P 500 could hit the 3900 target (which is not too far away), with the potential to target levels between 4070 and 4075 later on. The positive […]
US futures are in the red today as the country is celebrating the Martin Luther King day. Still, investors are focused on this week’s earnings barrage from the US. The Dow Jones, S&P 500, and Nasdaq 100 futures are all down by more than 0.25%. The fear and greed index […]
Expectations of an enhanced stimulus package by incoming US President Joe Biden enabled US markets to get off to a bullish open on Thursday, but for the S&P 500, the open was a muted one. This is because of a surge in the initial jobless claims data for the week […]
US stocks ended lower yesterday as investors reacted to the overall stronger dollar and the rising political tensions in the United States. The Dow Jones declined by more than 90 points while the S&P 500 and Nasdaq 100 index fell by almost 1%. At the same time, the fear and […]
The S&P 500 index opened the week on a lower note after the S&P 500 index failed to build on Friday’s all-time high. Faltering crude oil prices and the selloff in technology stocks on Monday helped to drag down the Energy and Technology indices on the S&P 500, culminating in […]
The S&P 500 index is trading higher today, as a rise in crude oil prices boosted the Energy subsector stocks. The crucial senate runoff elections that will decide which party holds the majority in the US, is to hold today. The outcome could set the path for policy as the […]
The S&P 500 index managed to shake off poor consumer spending and durable goods orders data, to trade above the 3700 mark this Wednesday. The market also looked past US President Trump’s threat not to sign the latest coronavirus stimulus package bill, but rather drew inspiration from an upbeat unemployment […]
Traders on the S&P 500 index and other global markets woke up to the news that a new and more contagious strain of the coronavirus was in the UK. In the words of UK Health and Social Care Secretary Matt Hancock, the spread of this new strain was “out of […]
The S&P 500 looks set to end the week marginally higher, as optimism faded away this Friday of a possible passage of the additional coronavirus stimulus package by the US Congress. The S&P 500 opened to a new record high at 3726.1, but failed to add to those gains as […]