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S&P 500 (^GSPC)

SNP - SNP Real Time Price. Currency in USD
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5,253.10+4.61 (+0.09%)
As of 02:53PM EDT. Market open.
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Previous Close5,248.49
Open5,248.03
Volume1,243,639,000
Day's Range5,245.82 - 5,256.05
52 Week Range4,032.10 - 5,261.10
Avg. Volume4,085,772,295
  • Yahoo Finance Video

    Strong data is 'good news' for markets, but may delay Fed cuts

    Stocks (^GSPC, ^IXIC, ^DJI) are trading higher after consumer sentiment and pending home sales data came in better-than-expected. BlackRock Senior Macro Investment Strategist for iShares EMEA Laura Cooper joins Yahoo Finance Live to discuss what this means for markets. Cooper calls the data "good news," saying it shows continued strength in the economy. She highlights that the commentary out of the Federal Reserve has pointed to the fact that officials are "willing to live with a higher degree of inflation," but that hasn't deterred them from a possible easing cycle— though strong data could prompt a delay. Cooper suggests that if no interest rate cut materializes in June, there could be "a knee-jerk reaction" in markets that slows down equities' momentum. Cooper also emphasizes that the market is being driven by "relatively strong fundamentals," which still bodes well for the equity market. Regarding inflation, Cooper notes that the data so far shows it is hotter-than-expected. However, in light of the PCE print set to be released on Friday — expected to be cooler than anticipated— she states that there needs to be a slew of prints that indicate slowing inflation for the Fed to be "comfortable" enough to cut rates. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • Yahoo Finance Video

    Baltimore bridge: Supply chain is a 'complex animal,' but 'bigger picture' looks okay

    As investors grapple with rate cut uncertainty, they are eager to assess how it will impact the current market dynamics. NewEdge Wealth Senior Portfolio Manager Ben Emons joins Yahoo Finance Live to discuss market outlooks. Emons notes that GDP data has shown strengths "across the board." He highlights the importance of government spending, stating that as long as it remains steady and "doesn't change," it gives him confidence in the economy — suggesting that the market rally has the potential to "broaden." Regarding the Baltimore Key Bridge tragedy, Emons believes its effect on the supply chain will be "offset" by other ports of entry. He acknowledges that the supply chain has always been a "complex animal," saying investors cannot truly predict "the exact chain of effects that will take place from here" or how it will affect markets until the situation fully unfolds. However, he notes that the market is currently "watching and waiting." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Angel Smith

  • Yahoo Finance Video

    Stocks in Q1, Fed rates, Bankman-Fried sentencing: 3 Things

    Stocks (^DJI, ^IXIC, ^GSPC) could be on their way to close out first-quarter 2024 on a positive note, seeing first-quarter gains across the board for the first time in several years. Thursday is the final trading day for the month of March and the quarter in this shortened trading week. Federal Reserve Governor Chris Waller has stated he is in "no rush" to cut interest rates in 2024 after the past months' inflation data. Former FTX (FTT-USD) CEO Sam Bankman-Fried is set to be sentenced Thursday morning on charges related to defrauding customers of the crypto platform. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.