US SPX 500 Mini (S&P 500 E-mini) CFD Trading*
The S&P 500 is one of the most widely followed stock indices on earth, encompassing 500 leading companies from various sectors of the US economy. Interested? Start trading US SPX 500 mini CFDs with FXOpen today.
US SPX 500 Mini (S&P 500 E-mini) Live Charts
Use our US SPX 500 mini (SPXm) chart to get the most up-to-date insight into the recent performance of the S&P 500 index. It can help you make informed decisions at home or on the go – no matter if you use the TickTrader desktop platform, web terminal, or mobile app. Our real-time chart includes the very latest prices, historical data, and technical analysis tools to help guide your next trade.
What Is US SPX 500 Mini (S&P 500 E-mini) CFD Trading?
The S&P 500 index is one of the most widely followed equity indices, representing a diverse cross-section of the US stock market. It includes 500 leading companies from various industries, making it a benchmark for the overall performance of the US economy.
S&P 500 E-mini (SPXm) is tracking the direction of the S&P 500 index. E-mini futures contracts, including the S&P 500 E-mini, are smaller-sized futures contracts designed to attract individual investors and traders.
US SPX 500 mini (S&P 500 E-mini) CFD trading refers to trading contracts for difference (CFDs) based on the S&P 500 E-mini futures. CFDs are derivatives, allowing traders to speculate on the price movements of various assets without owning them.
S&P 500 E-mini CFDs allow you to trade the future direction of the S&P 500 index. If you anticipate that the index price will rise, you can buy the SPXm CFD contract, and if you expect the price to fall, you can sell the contract.
At FXOpen, you can trade index CFDs with zero commission.
Historical Price Performance of the S&P 500 Index
The historical performance of the Standard & Poor's 500 index provides valuable insights into the long-term trends and fluctuations of the US stock market. Here are some key points:
The dot-com bubble and its burst at the beginning of 2000 led to high volatility in many markets, including the S&P 500. From the March 2000 peak to October 2002, the index had fallen by approximately 49%.
The 2008 financial crisis severely impacted the S&P 500. This period was marked by the collapse of major financial institutions and a deep recession. The index plunged by 57% from October 2007 to March 2009. Beginning in March 2009, the S&P 500 embarked on a lengthy bull market driven by economic recovery, low interest rates, and significant technological advancements.
The onset of the COVID-19 pandemic led to one of the fastest market declines in history. The S&P 500 fell by approximately 35% from February to March 2020. However, following unprecedented fiscal and monetary stimulus, it quickly rebounded. By the middle of August 2020, the S&P 500 had recovered all its pandemic losses and reached new all-time highs.
From 2021 to 2023, SPX continued to set records despite considerable downward movements. This period was characterised by strong corporate earnings, robust economic growth, and continued support from central banks.
Major Factors That Affect the S&P 500 Index Value
These are major factors that influence the movement of the Standard & Poor's 500 index.
US economic data releases, such as gross domestic product (GDP) growth, employment reports (e.g., Nonfarm Payrolls), consumer spending, inflation (measured by indices like the Consumer Price Index), and manufacturing data, can significantly impact investor sentiment and market direction. Positive economic indicators typically contribute to a rise in the SPXm price.
Decisions made by the Federal Reserve regarding monetary policy have a profound impact on the stock market. Lower interest rates tend to stimulate economic activity and boost stock prices.
The financial performance and earnings reports of the companies included in the S&P 500 index have a direct impact on its value. Solid corporate earnings often drive stock prices higher.
Trade tensions, geopolitical instability, and conflicts can create uncertainty in financial markets and influence investor sentiment. This can cause fluctuations in the S&P 500 index as investors reassess risk and adjust their investment strategies accordingly.
* US SPX 500 mini is the FXOpen version of S&P 500 E-mini futures.