- The S&P 500 stock index rises 0.74% in the day, currently operating in 5,520.
- The feeling of the consumer of the University of Michigan is located in 52.2 in April, registering its lowest level in 33 months.
- Donald Trump said it will be reasonable in relation to his tariff rhetoric, although he expects cooperation from China.
- The attention of investors will be set up next week in the ADP Employment Report and in the Gross Domestic Product of the United States.
The S&P 500 established a minimum of the day in 5,452, where it brought aggressive buyers that took the index to maximum of April 3 in 5,525. Currently, the S&P 500 trades at 5,520 earning 0.74%. On the last day of the week.
The S&P 500 is consolidated at three -week maximums in the midst of tariff uncertainty
The University of Michigan announced the index of the feeling of the consumer today, placing it at 52.2 points in April, registering its lowest level in 33 months. This figure improves the 50.8 points expected by analysts, although it is 4.8 points less than 57 observed in March.
In the midst of tariff negotiations, the president of the United States, Donald Trump, mentioned today that he will not reduce tariffs unless China grants something substantial, although he has the willingness to be reasonable in relation to his commercial rhetoric, throwing a contradictory message to the markets.
The Focus of the operators will be placed in the ADP Employment Report, the Expenditure Price Index on Personal Consumption and the Gross Domestic Product to be released on April 30. Similarly, the PMI manufacturing ISM for May 1 and non -agricultural payrolls for Friday, May 2 are considered.
The S&P 500 rises 0.74% today, winning 40 points and signing its fourth consecutive day with profits, consolidating at 3 weeks maximum.
Levels to be considered in the S&P 500
The S&P 500 reacted upwards from a short -term support given by the minimum of April 21 in 5,109. Upwards, the closest resistance is in 5,479 maximum of April 9. The following important resistance is in 5,784, pivot point of March 25.
S&P 500 DAILY GRAPH
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.
