US stock futures rose on Monday as the market attempts to find its footing following a tech-led selloff last week. The S&P 500 and Nasdaq Composite plunged 3.05% and 5.52%, respectively, last week, with both benchmarks on a six-day losing streak. Meanwhile, the Dow just shed 0.01% last week. On Friday alone, the Nasdaq Composite dropped 2.05%, dragged lower by sharp losses in semiconductor stocks such as Nvidia (-10%), AMD (-5.4%) and SMCI (-23.1%). Those moves came as strong US economic data and hawkish remarks from Federal Reserve officials cemented expectations that the central bank will delay interest rate cuts, with some analysts saying the Fed may not ease at all this year. Investors now look ahead to US GDP data on Thursday and the Fed-preferred PCE price index report on Friday. The earnings season also continues with reports from Tesla, Meta Platforms, Microsoft, Alphabet and American Airlines, among others, this week.
The main stock market index in the United States (US500) increased 204 points or 4.27% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United States. Historically, the United States Stock Market Index reached an all time high of 5268 in March of 2024. United States Stock Market Index - data, forecasts, historical chart - was last updated on April 22 of 2024.
The main stock market index in the United States (US500) increased 204 points or 4.27% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United States. The United States Stock Market Index is expected to trade at 5173.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4883.08 in 12 months time.
United States Stock Market Index
The US500 tracks the stock performance of 500 of the largest companies listed on stock exchanges in the United States. This index is primarily derived from over-the-counter trading and contracts for difference indexes (CFDs).
Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
---|---|---|---|---|---|---|---|---|
4973.71 | 4967.23 | 5268.00 | 4.40 | 1928 - 2024 | points | Daily |
Market Data Coverage: United States