en
s&p500
/ˌɛs en ˈpiː ˌfaɪv ˈhʌndrəd/
Definition
1
The S&P 500 (Standard & Poor's 500) is a stock market index that measures the stock performance of 500 large companies listed on U.S. stock exchanges, serving as a key benchmark for the overall U.S. equity market.
2
A capitalization-weighted index maintained by S&P Dow Jones Indices, widely used by investors to gauge market trends and as the basis for index funds and ETFs.
Examples
My retirement dreams danced when the S&P 500 climbed 20% last year – indexing, the laziest way to get rich.
Day traders wept as the S&P 500 shrugged off their hot tips and just kept grinding higher.
Forget picking winners; just bet on the S&P 500 and call it a decade.
The S&P 500 dipped, so I dipped into my snack drawer for comfort.