S&P 500

Like the Nasdaq 100 the S&P 500 (Standard and Poor’s 500), is a share index tracking the top 500 US listed firms across the NYSE, NASDAQ, and CBOE. The S&P 500 firm selection process is not solely established on a firm’s market capitalisation. Instead, revisions are made based on a multifactor model considering capitalisation alongside liquidity, public float, and other factors, which are subject to discussions by a committee. The full list of constituents can be found through one of the links below.

The most notable S&P 500 constituents are the recently coined “magnificent seven”, a group of high performing companies, responsible for a degree of influence on US equity markets, due to their superior size, market position, and product offerings. The mag seven is composed of Nvidia ($NVDA), Meta ($META), Alphabet ($GOOGL), Apple ($AAPL), Microsoft ($MSFT), Tesla ($TSLA), and Amazon ($AMZN).

The price of the S&P 500 can be found under the ticker $SPX, with tracking sites listed below.

The S&P 500 is another of my personal favourite indexes, for making both quick and simple assessments of market conditions and activity, alongside judging the magnitude of macro shocks within the market.

Comprehensive list of constituents:
https://markets.businessinsider.com/index/components/s&p_500

Price tracking:
https://www.cnbc.com/quotes/.INX
https://www.marketwatch.com/investing/index/spx