The S&P 500 index took a break from yesterday’s all-time highs and is now a tad lower. The dip occurred despite markets receiving a huge dose of risk-on sentiment, as investors in the US markets continue to have some jitters about surging coronavirus infection rates in the US and 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
The S&P 500 was a big winner this Thursday data from the US Department of Labor showed that fewer Americans applied for unemployment benefits for the first time than expected. Numbers from the initial jobless claims data for the week ended January 30 showed that first-time out-of-work Americans filed 779K […]
The S&P 500 index has had a strong opening to the session, pushing upwards with an upside gap. Energy stocks are driving the gains in the S&P 500 index, mirroring the 3% rise in crude oil prices. However, all 11 sectors of the index are trading higher. The markets are […]
The S&P 500 index has opened sharply lower this Friday, after a disappointing report on its coronavirus vaccine candidate by Johnson & Johnson. According to a report released this afternoon and reported by Reuters, Johnson & Johnson said that its COVID-19 vaccine candidate showed an efficacy of 66% in a […]
The stock market remains well bid ahead of the most important event of the week. The chances are that moving forward until tomorrow’s Fed meeting, the market will simply “drift” on the lack of news and developments. Tomorrow’s focus will not be on the actual statement but on the forward […]
The technology shares are leading the charge in what has been a day of muted but bullish trading on the S&P 500 index. Strong gains on the tech stocks come ahead of earnings reports from Apple, Microsoft, Netflix and Tesla this week. Investors are also looking forward to the FOMC […]
United Airlines has reported a loss of $1.7billion, marking a 4th straight quarter that the airline has posted an earnings shortfall. Adjusted loss stands at $630 million, which is worse than the $300 million loss the airline posted for the same period a year earlier. United Airlines is also excluding any […]
The S&P 500 index has hit a new record high after a combination of stimulus hopes and a better-than-expected jobless claims report sent investors into a buying mode. Data from the Bureau of Labor Statistics showed that initial jobless claims came out at 900K, which was lower than the 926K […]
The S&P 500 price is trading at an all-time high as part of the global rally in stocks. The blue-chip index rose by more than 50 points yesterday and is up by 12 more points in the futures market. Similarly, the Dow Jones and Nasdaq 100 are rising while the […]
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 […]