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
Fears about the second wave of coronavirus infections have hit airline and cruise travel stocks at market open, pushing down the S&P 500 by 1.9% to 2984.34. The S&P 500 futures initially traded after news of a few countries opening their borders in anticipation of muted summer holidays emerged. Greece,...
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The S&P 500 is undergoing a selloff after the Fed gave a gloomy outlook for the US economy. Rising coronavirus cases are also a concern here...
S&P 500 futures gives up over 2% in premarket trading after yesterday, the Federal Reserve kept the interest rates unchanged at 0.0 - 0.25%, as was expected by markets.
S&P 500 futures retreat in premarket after yesterday erased all of 2020 losses and investors taking some money off the table. Optimism about the reopening of the economy fades away today
The S&P 500 index rallied by more than 0.50% as investors remained optimistic of the US recovery after the blockbuster US jobs data. The index is trading at $3200, which is the highest it has been since February. The upward trend mean that the index is less than 200 points below its YTD high of $3396.