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.
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.
S&P 500 hit a new record-high of 4,110 before easing to 4,103.8. Growth stocks in the tech industry, which were major gainers in the index, have recorded an increase in demand amid the declining US treasury yields. On Friday, the benchmark 10-year bond yield was up by 0.10% at 1.63. […]
The S&P 500 index touched off a new record high today at 4093.9, but further upside momentum is lacking after the downbeat US initial jobless claims report took the sting out of the bulls at market open. According to data from the Department of Labor, the initial jobless claims for […]
The S&P 500 has started the second quarter of the year on a very strong footing, surging spectacularly into the record-high territory after a fantastic jobs report on Friday, and a highly upbeat outlook provided by the IMF on the US economy. Analysts at Credit Suisse renew their bullish outlook […]
S&P 500 has pulled back after closing Monday’s session at slightly above 4,080. The index surpassed the 4,000 mark on 1st April for the first time. The surge has been facilitated by strong economic data and the overall optimism regarding the speedy recovery of the US economy. On Friday, nonfarm […]
The S&P500 index is ready for a bullish breakout, if we only judge the ascending triangle forming at the all-time highs. The index looks ripe for a continuation, and the minimum distance as suggested by the ascending triangle points to 4,200 and beyond. With only one trading day left in […]
A combination of rising bond yields and the margin call issued on a hedge fund are driving the S&P 500 and other US markets lower this Monday. A hedge fund, which has been identified as Archegos Capital, is said to have defaulted after getting a margin call on Friday, hitting […]
The US indices began the day on a negative note, as risk aversion swept through the markets in the London session. The S&P 500 index was hit by falling crude oil prices, causing the energy index to fall the heaviest among the 11 sectors listed on the index. Upbeat macroeconomic […]
The S&P 500 index is trading lower, dragged down by steep losses in financial stocks after the Fed announced Friday that it was pulling the plug on SLR exemptions for banks. The financial sector index on the S&P 500 is presently down by 1.31% or 7.53 points as of the […]
Credit Suisse is predicting that the S&P 500 index could see a fresh pullback from the resistance at 3980/84, despite an earlier call for the uptrend to keep running until 4070/75. However, a greater pullback would be on the cards if the bond yields keep rising. Fundamentally, there is no […]
The S&P 500 index has opened lower, after US bond yields jumped nearly 3% on the day ahead of the FOMC decision. The benchmark yields on the 10-year Treasury bond asset spiked nearly 3% to continue the ceaseless rally seen in the last month. The FOMC decision today is not […]