The US ISM Non-Manufacturing PMI data for July smashed expectations and bettered the previous number, and this was enough to send the S&P 500 index soaring on the day. The US ISM Non-Manufacturing PMI number came in at 58.1, which beat the market expectation of 55.0 and also exceeded the […]
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
Is the S&P 500 reacting to Trump's tweet about Joe Biden? Sign up to find out more.
Improved US ISM Manufacturing PMI numbers provide a boost to the S&P 500. Sign up to find out more about the outlook for the week.
Sign up here to find out more about why the S&P 500 index is falling today.
The S&P 500 is reacting to the 32.9% contraction of the US GDP.
The gold price hit a new all-time high recently, and everyone sings the demise of the USD. The world’s reserve currency is at risk, according to many financial market participants. As the Fed keeps printing USD, the fear is that the dollar’s role in the international financial system will be […]
Sign up to see how the FOMC Chair's speech is affecting the S&P 500 index.
S&P 500 futures stabilize today to the upside as investors focus turn to Fed decision and corporate earnings. Facebook, Qualcomm and PayPal are among the bellwether companies set to report earnings on Wednesday
Bearish divergence on the S&P500 spells troubles for bulls
After months of consolidation, Bitcoin price broke above the key $10,000 level. The break, as usual for the cryptocurrency market, came over the weekend, with few market participants paying attention. Bitcoin’s break higher was highly anticipated. At a time when the stock market’s volatility stole the show from crypto traders, […]