The symbol for the Standard and Poor's 500 Index is S&P 500. It represents the stock performance of 500 large companies listed on stock exchanges in the United States and is widely regarded as a benchmark for the overall U.S. Stock Market. The index is often used by investors to gauge market trends and make investment decisions.
The S&P 500 index was 1,468.36 on December 31, 2007.
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The ticker symbol for the S&P 500 index varies. Some examples of the symbol are ^GSPC, .INX, $SPX, and .SPX
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The Standard & Poors 500 index is considered by many to be the bellwether indicator for the stock market. It includes 500 stocks that represent a broad range of markets and products. Therefore, the S&P 500 index is considered an excellent indicator of how the stock market is doing.
The ticker symbol for the Airline Index is XAL
The abbreviation OEX is a ticker symbol for the index option traded on the Standard and Poor's 100 index. At the time of writing the price of the OEX option is 725.
S&P -> BBB- Moody's -> Baa3
Since futures contracts on a market index expire only once a month, Fair Value is the Forward Value (at the time of a futures contract expiration) of an index spot price, where compounding takes into account time to expiration and dividends lost due to holding index futures rather than underlying stocks. If Fair Value before the open is lower than the futures contract price, you may expect that a market index will go higher after the opening bell.
40.000000 in standard index form is 4.0 × 101