The S&P 500 Index is a stock market index that measures the performance of 500 large companies listed on the NYSE or NASDAQ in the United States. It covers various industries, including technology, healthcare, energy, and finance. The index serves as a benchmark for the overall health of the U.S. stock market and the country's economic strength. 1
As of April 15, 2024, the S&P 500 Index closed at 5,061.82, with a year-to-date return of 8.1% and a one-year return of 22.3%. 2
Recent news and analysis suggest that the market may experience a correction or even a crash before the presidential election in November 2024. Market guru David Brady predicts a 30% decline before an even bigger collapse. 3
[1] Investopedia: S&P 500 [2] MarketWatch: S&P 500 Index [3] Business Insider: Brace for the S&P 500 to crash 30% before an even bigger collapse after the election, markets guru David Brady warns
