VIX index trades 7.97% higher at 20.04, making fresh 6-week highs. VIX soared yesterday after the US ISM manufacturing report...
SP 500
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
The S&P500 index has opened sharply lower as risk aversion sweeps through the financial markets this Tuesday. The S&P500 futures...
The CNN Fear and Greed index is not far from reaching oversold levels, and start indicating that it is time...
Wall Street indices surging the first hour of the trading day on hopes of an interim trade deal, with the...
S&P 500 e-mini futures are trading higher today on the back of the strong corporate earnings. The asset is now...
Wall Street indices started in positive foot the first hour of the trading week on hopes of an interim trade...
Bloomberg reported today that U.S. Treasury Secretary Steven Mnuchin is open to loosening regulations for banks.
According to Bloomberg reported, Mnuchin said that “the banks have raised an issue around intra-day liquidity, and that is something that makes sense for regulators to look at”.
S&P 500 has meanwhile hit the fresh all-time high of 3047.9, before retreating below the previous high of 3044.1. The 3100 handle, which is the 127.2% Fibonacci extension of the October 2018 - December 2018 correction lower, remains the main target for the bulls.
On the downside, the down-slipping trend line that connects the recent swing highs comes at 3013.
Wall Street indices started higher in early trading to fresh record highs, after stronger than expected NFP data from Labor...
Fifteen minutes ahead of the cash open, S&P 500 futures were up by 57 basis points on the day. The...
Wall Street indices register fresh record highs in early trading after the US ISM Non-Manufacturing PMI registered at 54.7 topping...