The surprisingly lucrative business of making a list of 500 stocks
Summary
The S&P 500 is a well-known stock market index that lists 500 of the most valuable U.S. companies. S&P Global, the company behind the S&P 500, earns hundreds of millions each year from this index. The S&P 500 is widely used for tracking stock market trends and plays a crucial role in financial plans and investments.Key Facts
- The S&P 500 lists 500 large public companies in the United States.
- S&P Global, the creator of the S&P 500, earns a significant portion of its revenue from this index.
- The S&P 500 is a stock market index, which is a tool to track stock market changes.
- It uses market capitalization to weigh companies, meaning it considers both share price and the total number of shares.
- The S&P 500 is updated almost in real time, a feature that reflects real-time market changes.
- It is considered a superior measure to the Dow Jones Industrial Average for reflecting the overall market status.
- Many retirement and investment plans use the S&P 500 as a benchmark for investments.
- The index includes major companies, such as tech giants like Apple, that have significant financial influence.
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