Established in 1957, the S&P 500, also known as the Standard and Poor’s 500 Index, is a capitalization-weighted index of 500 large-cap common stocks. Capitalization-weighted means that the companies with largest stock market capitalization have the greatest impact on the value of the index. The S&P 500 is the second most widely followed stock market index in America after the Dow Jones Industrial Average.
This morning, the news is full of talk about Greece. This weekend, the government there introduced capital controls in what’s looking more and more like a country on the brink of financial collapse.Greece leaving the eurozone is of importance as it opens the door for other struggling countries like Portugal, Spain, and Italy to eventually. Read More
The S&P 500 is set to be flat on Friday, June 26th, as investors are keeping an eye on a deal to avert a Greek default on a proposal from its creditors and China’s stock market continues to sell off.Although there was some encouraging news earlier this week about the Greece deal with its creditors, the differences between sides stretched. Read More
The stock market was flat during the first half of 2015 due to economic and political uncertainties in Europe and a tumbling energy sector. Yet despite those discouraging facts, some companies were able to deliver an enormous return to their shareholders. Let’s take a closer look at the top five performing stocks in the S&P 500. Read More
The S&P 500 is opening the trading session higher on Thursday, June 25, as investors are optimistic for a deal to avert a Greek default on a proposal from its creditors.The differences between Greece’s proposal and that of its creditors are not big enough to justify failing to reach an agreement, a senior Greek government official. Read More
U.S. equities traded lower on Wednesday, June 24, as discouraging developments in the Greece debt crisis weighed on investor sentiment.Greece’s government rejected a proposed deal from international creditors, which analysts believed represented the last hope for reaching an agreement. Negotiations are continuing in Brussels.. Read More