News about S&P 500

Down less than half a percent today for the S&P 500. Given where it opened, this was a nice change from what we were seeing a week ago. Back then, the selling would get heavy as the day wore on.

BOOM: S&P 500 stocks with lower passive ownership have beaten the most passively owned stocks over varying time horizons = just one amazing finding/chart from @psarofagis new explosive study that disproves much of the Passive fearmongering out there. pic.twitter.com/jQV9EXecqb

Passive fund ownership of the S&P 500 is about 24% today- up from 7% ten yrs ago. Meaning that on average an SPX stock has 24% of its shares out owned by index funds (which can incl smart-beta or themes tho). Great study out today from @JSeyff here: blinks.bloomberg.com/news/stories/SCG8DSDWX2PS pic.twitter.com/0eohjr8hth

US Markets At Open | S&P 500 opens 1.3% lower, Nasdaq 100 down 1.8% Meta shares sink 15% at the open, biggest drop since Oct 2022; these are the other highlights👇 @Nasdaq #Caterpillar #KeurigDrPepper #SouthwestAir #IBM pic.twitter.com/QBicQ8vHSN