US500 (US SPX 500 INDEX)
Fast Facts
- The US 500, also known as S&P 500 index, tracks 500 of the largest U.S. companies, representing about 80% of the total U.S. stock market value.
- It was introduced in 1957 by Standard & Poor’s and is widely considered one of the best indicators of U.S. economic health.
- The S&P 500 is market-cap weighted, meaning companies with higher market capitalizations have more influence on the index.
- The index includes a diverse range of sectors, with technology, healthcare, and finance leading the charge in recent years.
- It is commonly used by investors as a benchmark to measure the performance of individual investments and mutual funds.