- The S&P 500 stock index rises 1.19% today, reaching maximums not seen since February 21 in 6,101.
- Global Coinbase Actions (COIN) shoot 12.1% in the day, visiting maximums of December 6, 2024 in 348.97 $.
- Jerome Powell, president of the Federal Reserve, highlights an observation mode for the Central Bank.
- The war conflict between Israel and Iran shows advances towards a possible fire after a series of missile exchanges between the two nations.
The S&P 500 established a daily minimum in 6,057, finding aggressive buyers that promoted the maximum index of four months not seen since February 21, 6,101. Currently, the S&P 500 operates over 6,092, winning 1.19% on the second day of the week.
Jerome Powell confirms a caution monetary policy for the Federal Reserve
Within the framework of the appearance before the United States Congress, the president of the Federal Reserve, Jerome Powell, was emphatic in reaffirming the position of the Central Bank not to make modifications in the interest rate until there is a clear idea of ​​the tariff impact on inflation.
In another front, tensions in the Middle East have decreased after a high -fire agreement that originated a missile launch series between Iran and Israel. However, the president of the United States, Donald Trump, urged the countries involved to respect the agreements with the aim of reaching peace.
In this sense, the S&P 500 advances 71 points, reaching four months in 6101, signing its third consecutive day upwards. Global Coinbase Actions (COIN) shoot 12.1% on the second day of the week, leading profits in the share index.
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 May 23 in 5,742. The following key support is in 5.430, given by the minimum of April 30 in convergence with the exponential mobile average of 13 periods. Upwards, the important resistance is in 6,145 maximum of February 19.
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.
