Search Dictionary
Standard & Poors S&P500 Equity Index $SPX
The S&P500 equity index is the second only to the DJIA in terms of popularity. The S&P500 is Standard and Poor's index of the largest 500 stocks in the United States. Unlike the DJIA, this index is a value weighted index. The market capitalization of each stock is taken into account when calculating the index. This means that if company A is twice as big as company B then a 1% move in company A will have twice as much effect on the change in the index as a 1% move in company B's stock price.
The ticker symbol for the S&P500 cash index is $SPX.
The ticker symbol for the S&P500 cash index is $SPX.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 25 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.
