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USPY

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1d
1w
1m

Analysis and statistics

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About

USPY.F refers to the E-mini S&P 500 Index Futures contract traded on the CME Group (Chicago Mercantile Exchange). This futures contract represents an agreement to buy or sell the S&P 500 index at a predetermined future date and price. Investors and traders use USPY.F to hedge against market risk, speculate on the future direction of the S&P 500, and manage portfolio exposure. The contract size is $50 multiplied by the S&P 500 index value, making it more accessible to retail traders than the standard S&P 500 futures contract.
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Factors

USPY.F tracks the S&P 500. S&P 500 Performance: Directly mirrors the index's moves. A rising S&P 500 drives USPY.F higher; declines pull it down. Supply and Demand: High demand increases price; surplus decreases it. Trading activity reflects investor sentiment. Economic Data: Inflation, GDP, unemployment influence investor expectations and market direction, impacting the underlying stocks. Interest Rates: Higher rates can make bonds more attractive, potentially drawing capital away from stocks in the S&P 500 and USPY.F. Geopolitical Events: Global events create volatility, affecting investor sentiment and market prices generally.

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