The Standard Poor's 500 Index, more commonly known as the SP500 or simply the SP, is a collection of the 500 largest corporations listed on stock exchanges in the United States when weighted by their market capitalization.
The index constituents are listed on the New York Stock Exchange or NASDAQ, which trades from 9:30 a.m. to 4 p.m. EST, except on trading holidays. RoboMarkets Blog will tell you about s and p 500 predictions so that you can know more about the situation on the stock exchange.
The SP 500 (USA 500) companies are divided into 11 sectors: Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Materials, Real Estate, Technology, and Utilities. This allows traders to track not only the index as a whole but also the performance of companies within the same industries. This provides for a greater level of diversification than trading stocks of a single company.