- The S&P 500 share index rises to maximums not seen since July 4 in 6,267.
- AES Corporation Actions (AES) rebound 19.78% today, reaching maximum of January 6 at $ 13.34.
- PTC Inc. values are triggered by 17.65% daily, marking a new historical maximum in 213.14 $.
- The Federal Reserve minutes considered a reduction of rates for this year.
- The president of the USA, Donald Trump, announced new tariff rates as of August 1 if satisfactory trade agreements are not delivered.
The S&P 500 marked a daily minimum in 6,214, where it attracted buyers who promoted the maximum index of July 4 in 6,267. At the time of writing, the S&P 500 operates over 6,259, winning 0.58% on Wednesday.
The S&P 500 takes up the bullish path amid renewed tariff tensions
Donald Trump, president of the United States, announced that as of August 1, tariffs will impose a list of countries if satisfactory commercial agreements are not delivered.
On the other hand, the Federal Reserve minutes indicated that the majority of the participants of the June 17-18 meeting considered an interest rate reduction for this year.
In another front, AES Corporation titles (AES) shoot 19.78% in the day, reaching maximums not seen from January 6 at 13.34%, leading profits in the share index.
The actions of PTC Inc. (PTC) advance 17.65% daily, registering a new historical maximum 213.14 $, signing its second consecutive day with profits.
The S&P 500 advances 35 points on Wednesday, quoting at this time in 6,259.
Levels to be considered in the S&P 500
The S&P 500 formed a short -term resistance given by the historical maximum reached on July 3 in 6,282. To the south, the closest support is located in 5,917, minimum of June 19 in convergence with the recoil at 78.6% of Fibonacci. We observe the following key support in 5.430, Pivot Point of April 30.
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.
