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(Reuters) -S&P 500 and Nasdaq futures inched higher on Thursday, aided by strong quarterly results from Bank of America, while investors awaited economic data that could offer insights into the ...
When the closing bell rang on Wall Street, all three major indexes were lower, with the S&P 500 off 0.7%, the Dow off 0.9%, and the Nasdaq down 0.7%. For the week, the S&P 500 dropped 3.4% while ...
(Reuters) -Futures linked to Wall Street's main indexes took a pause on Thursday after the S&P 500 and Nasdaq ended the previous session on a positive note, while investors awaited some more ...
The contract was introduced by the CME on September 9, 1997, after the value of the existing S&P contract (then valued at 500 times the index, or over $500,000 at the time) became too large for many small traders. The E-mini quickly became the most popular equity index futures contract in the world.
S&P Futures trade with a multiplier, sized to correspond to $250 per point per contract. If the S&P Futures are trading at 2,000, a single futures contract would have a market value of $500,000. For every 1 point the S&P 500 Index fluctuates, the S&P Futures contract will increase or decrease $250.
The Dow Jones Industrial Average fell 323.49 points, or 0.75%, to 42,952.42, the S&P 500 lost 24.97 points, or 0.43%, to 5,839.70, and the Nasdaq Comp Wall St drops as investors cautious ahead of ...