- The S&P 500 stock index loses 0.06% today, establishing a new historical maximum in 6,422.
- The actions of Albermale Corporation (ALB) fall 10.72% daily, visiting minimums of July 17 at $ 74.19.
- Revvity’s values, INC (RVTY) collapse 8.33% on Monday after making their quarterly report known.
- The operators will set their attention tomorrow at the confidence of the consumer of the United States.
The S&P 500 registered new historical maximums in 6,422, where it found aggressive vendors that dragged the index to a minimum of the day in 6,375. At the time of writing, the S&P 500 is quoted at 6,386, retreating 0.06%.
The S&P 500 starts the week with new historical maximums, the fundamental data remains in the focus
Revvity titles, INC (RVTY) record a fall of 8.32% on the first day of the week, reaching minimums not seen since July 22 at $ 95.04, ending with three consecutive days upward.
RVTY published its Profit Report today, obtaining revenues of $ 720.28 million compared to 710.37 million projected by the market, as well as a gain per share of $ 1.18, exceeding $ 1,141
At the same time, the actions of Albermale Corporation (ALB) have a drop of 10.77% daily, reaching July 17 at $ 74.19, signing its second consecutive day down.
The look of the operators will be tomorrow in the confidence of the consumer of the United States corresponding to the month of July. The Economic Agenda considers on Wednesday, the ADP Employment Report, the US annualized domestic product and the Federal Reserve interest rate decision.
In this context, the S&P 500 registers new historical maximums in 6,422, although the day ends in negative terrain, falling 0.06% daily, finishing a streak of four consecutive sessions upwards.
Levels to be considered in the S&P 500
The S&P 500 formed a short -term support in 6,200, given by the minimum of July 16. The following important support is in 5,917 minimum of June 19. To the north, we project a benefits in 6,700, 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 included in 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.
