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S&P 500 Index News & Breaking Stories

Google stock inks 52-week high: Uncovering the driving forces behind the tech giant
  • 25th Oct 2023

Google stock inks 52-week high: Uncovering the driving forces behind the tech giant

The tech sector has made a remarkable comeback in 2023, driven by the AI industry surge and the performance of top tech companies like Nvidia, Meta Platforms, and Alphabet. Despite adverse external factors, the US stock market has shown resilience, indicating a promising signal for the Q4 stock market rally. Google's stock has reached a new 52-week high and faces resistance at $143.65.

U.S. stocks close higher; Dow Jones Industrial Average up 0.25%
  • 12th Sep 2023

U.S. stocks close higher; Dow Jones Industrial Average up 0.25%

Tesla, CVS Health, and Qualcomm were the top performers on the S&P 500, while Rtx Corp, JM Smucker Company, and Newell Brands were the worst performers. Rising stocks outnumbered declining ones on the NYSE and Nasdaq. Shares in Rtx Corp, JM Smucker Company, Walgreens Boots Alliance, Intel Corporation, Tenon Medical, Crinetics Pharmaceuticals, and Solowin Holdings either reached 52-week lows or all-time lows. The CBOE Volatility Index was down, while gold futures and crude oil prices fluctuated.

Amazon stock surges as second-quarter income soars
  • 4th Aug 2023

Amazon stock surges as second-quarter income soars

Amazon's shares surged nearly 8% after the company reported a net profit of $6.7 billion in Q2, compared to a loss of $2 billion last year. The company's revenue increased 11% to $134.4 billion.

What news can we find under S&P 500 Index News Section?

The Buzz Around the S&P 500 Index

Ever wondered what makes the financial world tick? Let's dip our toes into the intriguing landscape of economic indices, primarily focusing on a star player - S&P 500 Index.

"What even is that?", you might ask. Well, it's one of the most important barometers for gauging the health and trends of large-cap U.S. equities.

When tuning into news under this topic, one can expect to be greeted by data about a range of interesting subjects. First off, there will be updates on its overall performance or "score." These numerical markers convey how well (or poorly) companies listed within this index are faring.

You know when your sport team scores a point and changes its ranking? The market functions similarly; impressive company performance gives rise to an increase in stock prices thus increasing their score too!

In addition to performance markers, we often stumble upon pieces relating to additions or deletions from this list – much like musical chairs! Companies must meet specific criteria in terms of size, liquidity and industry representation for them swaying around in this powerful dance music.

Besides these observable activities happening directly within S&P 500’s realm, external factors can also impact it significantly: Hot talk button topics ranging from political decisions affecting nuclear energy industries to rising coffee bean prices impacting Starbucks’ shares could all make comebacks while scrolling through news items tagged under ‘S&P 500.’

To wrap up...

All sounds quite energetic and lively right? Just remember dear reader that following developments related stately standing giants like S&P doesn’t merely serve as trivia fodder - clinging closely onto every update may greatly inform your understanding about global economy’s pulse which makes being financially savvy truly within reach!

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