- The S&P 500 share index loses 0.19% today, operating currently over 5,394.
- The Empire State manufacturing index at -8.1 in April, although it remains in a contraction zone.
- Albermale Corporation (ALB) falls 5.89% daily, leading the falls in the S&P 500.
- The attention of investors will be on Jerome Powell’s speech, tomorrow.
The S&P 500 marked a daily maximum in 5,447, where it attracted vendors that led the index to a minimum of the day in 5,378. Currently, the S&P 500 quotes at 5,394, losing 0.19% on Tuesday.
The S&P remains stable prior to Jerome Powell’s speech
Based on information provided by the New York Federal Reserve, the Empire State manufacturing index was located at -8.1 points in April, improving the estimates of -14.5 points and the -20 observed in March, although remaining in contraction territory.
On the other hand, the actions of Albermale Corporation (ALB) fall 5.89% daily, reaching a minimum of April 11 on 53.65 $, leading profits in the S&P 500.
The S&P 500 ends the day on Tuesday with a fall of 0.19%, remaining within the operational range of the previous session at 5,394.
The focus of investors will be placed tomorrow in the statements of the president of the Federal Reserve, Jerome Powell. It is expected to provide clarity on the rhythm of interest rates in the midst of tariff uncertainty caused by Donald Trump’s commercial rhetoric.
Levels to be considered in the S&P 500
The S&P 500 reacted upwards from a minimum of April 7 in 4.810. To the north, the closest resistance is observed in 5,479, maximum of April 9. The next key resistance is in 5,784, a pivot point on March 25.
4 -hour graph of the S&P 500
S&P 500 FAQS
The S&P 500 is a very often stock index that measures the yield of 500 public companies and is considered a wide measure of the US stock market. The influence of each company on the calculation of the index is weighted based on stock capitalization. This is calculated by multiplying the number of bought shares of the company for the price of the action. The S&P 500 index has achieved impressive yields: 1.00 $ invested in 1970 would have produced a yield of almost $ 192.00 in 2022. The average annual profitability since its creation in 1957 has been 11.9%.
Companies are selected by Committee, unlike other indices that are included based on established standards. Even so, they must fulfill certain eligibility criteria, the most important of which is stock market, which must be equal to or greater than 12.7 billion dollars. Other criteria are liquidity, domicile, stock capitalization, sector, financial viability, quotation time and representation of the sectors of the United States economy. The nine largest companies in the index represent 27.8% of the stock market capitalization.
There are several ways to operate with the S&P 500. Most of the Stred Betting retail runners and platforms allow operators to use contracts per difference (CFD) to make bets on the price direction. In addition, indexed funds, investment funds and quoted funds (ETF) that follow the price of the S&P 500 can be purchased. The most ETF liquid is the ETF of the London Stock Exchange. The most ETF liquid is the State Street Corporation Spy. The Chicago Mercantile Exchange (CME) offers futures contracts on the index and the Chicago Board of Options (CMOE) offers options, as well as ETF, ETF Inverse and ETF leverage.
There are many factors that promote S&P 500, but mainly it is the aggregate performance of the companies that compose it, revealed in their reports of quarterly and annual results. American and world macroeconomic data also contribute, since they influence investors’ confidence, which is positive drives profits. The level of interest rates, set by the Federal Reserve (FED), also influences the S&P 500, since it affects the cost of credit, which is largely depending on many companies. Therefore, inflation can be a determining factor, as well as other parameters that influence the decisions of the Federal Reserve.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
