- The S&P 500 share index advances 0.35% in the day bouncing from July 7 at 6,200.
- Global Payments (GPN) shares rebound 6.51% daily, reaching May 16 at 83.18.
- Johnson & Johnson’s titles (JNJ) earn 6.19% on Wednesday after presenting their profit report.
- Donald Trump asked Republican legislators if he should fire Jerome Powell, president of the Fed, according to Bloomberg.
- The production price index is 2.3% in June, below market estimates.
The S&P 500 reacted upward from July 7 to 6,200, finding buyers who promoted the index to a daily maximum in 6,265. Currently, the S&P 500 is traded at 6,260, rising 0.35% today.
Donald Trump attacks the independence of the Fed by urging additional cuts
The president of the United States, Donald Trump, increased volatility in financial markets when he became known that he consulted Republican legislators if he should remove Jerome Powell from the position before the conclusion of his term in May 2026.
The autonomy of the Fed has been continuously attacked by Trump, seeking to influence a lower interest rate that does not converge with the current central bank position.
In another front, the US Labor Statistics Office announced that the production price index rose 2.3% year -on -year in June. This figure is below the 2.5% planned by analysts and 2.6% observed in May.
In the share market, the titles of Johnson and Johnson (JNJ) rise 6.19% today, reaching maximums not seen since March 31 in 166.12 $.
Jnj announced its quarterly report, obtaining income for $ 23.74 billion compared to 22.85 billion dollars projected by the market, as well as a gain per share of 2.77 $, above the $ 2.68 expected by the market.
Following the upward perspective, the values of Global Payments (GPN) advance 6.51% on Wednesday, visiting May 16 at 83.18 $, leading profits in the stock market index.
The S&P 500 rebounds 21 points, ending the session at 6,260.
Levels to be considered in the S&P 500
The S&P 500 established a short -term support in 5,917, given by the minimum of June 19 in convergence with the decline at 78.6% of Fibonacci. The following important support is at 5,742 minimum of May 23. Uploaded we project a benefits in 6700, a closed number that converges with the extension to 127.2% of Fibonacci.
S&P 500 DAILY GRAPH
S&P 500 – Frequently Questions
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.
