- The S&P 500 share index decoced 0.53% in the day, consolidating within the range of the previous session in 6,237.
- The North American markets presented low volume due to the celebration of the United States Independence Day.
- Trump’s “Big Beautiful Bill” is approved by the House of Representatives.
- The attention of the operators will be on the FOMC minutes to be published next Wednesday, July 9.
The S&P 500 marked a daily maximum in 6269, attracting vendors that dragged the index to a minimum of the day in 6,229. At the moment, the S&P 500 operates over 6,237, losing 0.53% daily.
S&P 500 earnings pause with the focus on the Federal Reserve minutes
The Law “Big Beautiful Bill” promoted by Trump was approved on Thursday night, raising the debt roof in 5 billion dollars for the United States. The budget office estimates that the fiscal deficit will increase by 3.3 billion dollars for the next decade.
On the other hand, investors will set their attention next week at the minutes of the Federal Open Market Committee of the Federal Reserve to make known on Wednesday, July 9.
In this sense, the S&P 500 falls 33 points on the last day of the week, ending with a streak of two consecutive sessions with profits.
Levels to be considered in the S&P 500
The S&P 500 formed a short -term support given by the minimum of May 23 in 5,742. The following key support is found in 5.430, given by the minimum of April 30 in convergence with the exponential mobile average of 13 periods. Upwards, we project a possible winning in 6,600 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.
