The S&P 500 index performed a boomerang session on Monday following last week’s disastrous -2.39% nosedive. The index covering the 500 largest US stoc
S&P 500 goes down, then up, then down on Monday. US Treasuries sell off at longer tenures after Bill Ackman closes his 30-year short bet. Meta, Microsoft, Alphabet, Coca-Cola, Amazon, Ford and Intel all report earnings this week. Thursday sees Preliminary Q3 US GDP reported, economists expect a jump to 4.2%. On Friday, Annualized Core Personal Consumption Expenditures for September is expected to fall to 3.7%. ks shot lower at the open, then rose above 0.
S&P 500 FAQs What is the S&P 500? The S&P 500 is a widely followed stock price index which measures the performance of 500 publicly owned companies, and is seen as a broad measure of the US stock market. Each company’s influence on the computation of the index is weighted based on market capitalization. This is calculated by multiplying the number of publicly traded shares of the company by the share price. The S&P 500 index has achieved impressive returns – $1.
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