- The S&P 500 share index wins 0.86% today, operating currently over 5,605.
- The Chicago PMI stood at 47.6 points in March, improving the projections of analysts.
- Discover Financial Services (DFS) shares is fired in 7.54% daily, reaching maximums of March 26.
- The president of the Richmond Federal Reserve, Thomas Barkin, said that Donald Trump’s tariff policies make the monetary authority impossible to make precise forecasts.
- The look of the operators is set on the day of liberation, when Trump’s reciprocal tariffs are expected to enter into force.
The S&P 500 reacted upwards from a minimum of six months not seen since September 11, 2024 in 5,489, where it found aggressive buyers who promoted the index to a maximum of the day in 5,625. Currently, the S&P 500 operates over 5,605, rising a 0.86 in the day.
The S&P 500 concludes the day on positive terrain prior to the imposition of Trump’s reciprocal tariffs
The Chicago Purchase Managers Index (PMI) increased to 47.6 points in March, exceeding market expectations waiting 45.4, as well as the previous record of 45.5 points.
On the other hand, Richmond’s president, Thomas Barkin, commented that he will take a while before having clarity about the economic impact in relation to the imposition of tariffs. In the same tune, the president of the Federal Reserve of New York, John Williams, confirmed that the economy is not in stagns at this time, although tariffs will affect the pricing levels in the short term.
The profits in the S&P 500 were led today by the Discover Financial Services (DFS) titles, which presented a rebound of 7.54% in the day, reaching maximums not seen since March 26 in 171.81 $.
In this context, the S&P 500 bounced from minimum of September 11, 2024 in 5,489, ending Monday’s day with a profit of 0.86%, ending with three consecutive days down.
The focus of the operators will be placed on April 3, day of liberation, when the reciprocal tariffs imposed by Donald Trump are expected to enter into force, in a lathe where the commercial rhetoric of the president of the United States has increased volatility in financial markets.
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 March 31 in 5,489. The closest resistance is observed in 5,784, maximum of March 25. The next key resistance level is found in 6,007, maximum of February 26 in convergence with the retreat at 23.6% of Fibonacci.
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.
