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 […]
S&P 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
S&P 500 News
S&P 500 Index Targeting New All-time Highs At 3500
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 Posts Shocking Earnings Losses; Suffers 7% Slump
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 […]
S&P 500 Index Hits New Record After Slight Drop in Initial Jobless Claims
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 […]
S&P 500 Price at an ATH; Fear and Greed Index at 69, Buffet Indicator at 192%
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 […]
S&P 500 Close to Breaking New Record; Targets 3850
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 […]
Credit Suisse Cites 4070 As the Upside Target for the S&P 500 Index; Here’s the Pathway
The S&P 500 index has received a positive but cautious directional outlook from economists at Credit Suisse bank. The outlook states that the S&P 500 could hit the 3900 target (which is not too far away), with the potential to target levels between 4070 and 4075 later on. The positive […]
Brief: Nasdaq 100, Dow Jones futures slide; Fear and Greed Index at 60
US futures are in the red today as the country is celebrating the Martin Luther King day. Still, investors are focused on this week’s earnings barrage from the US. The Dow Jones, S&P 500, and Nasdaq 100 futures are all down by more than 0.25%. The fear and greed index […]
S&P 500 On the Verge of New Record High As It Targets 3850
Expectations of an enhanced stimulus package by incoming US President Joe Biden enabled US markets to get off to a bullish open on Thursday, but for the S&P 500, the open was a muted one. This is because of a surge in the initial jobless claims data for the week […]
Brief: Dow Jones Forms Rising Wedge as Fear and Greed Falls to 65
US stocks ended lower yesterday as investors reacted to the overall stronger dollar and the rising political tensions in the United States. The Dow Jones declined by more than 90 points while the S&P 500 and Nasdaq 100 index fell by almost 1%. At the same time, the fear and […]