S&P 500 futures
Definition
Futures contracts based on the S&P 500 index, a benchmark stock market index tracking the performance of 500 large-cap U.S. companies, allowing investors to bet on or hedge against future index movements.
Highly liquid derivatives traded on exchanges like the CME Group, often used by traders to gauge market sentiment before the cash market opens.
Examples
Wall Street traders chugged their third coffee while glued to S&P 500 futures, praying for a miracle before the opening bell.
My portfolio's brighter than S&P 500 futures after that Fed pivot—time to buy the dip or just buy more pizza?
As S&P 500 futures nosedived overnight, retail investors on Reddit declared it the perfect time to YOLO into calls.
Grandpa dismissed crypto as tulips, but he's been riding S&P 500 futures since the '80s crash like a pro.