High: Low:
| Spread | 0.7 | Spread (%) | 0.02% |
|---|---|---|---|
| Overnight funding - Buy | -0.0276% | Overnight funding - Sell | 0.0002% |
| Initial margin | 5.00% | Maintenance margin | 2.50% |
| Leverage | 1:20 | Expires daily | No |
| Futures Contract | June 2023 | ||
| Automatic rollover | |||
| Name | Sell | Sell button / Change | Buy | Change Change | Change Change | Change Change | |||
|---|---|---|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | Buy | {{item.ChangePercentText}} | Trade | ||||
The S&P 500 continued to decline yesterday, marking its longest losing streak since early 2020. These drops could be related to the Fed’s continued interest rate hikes.
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The S&P 500 has had its worst first four months of the year since 1939 so far in 2022. With similar drops observed on other Indices, some analysts are pointing to global economic trends as well as disappointing Big Tech earnings as the culprit.
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On Tuesday, the S&P 500 officially entered the correction zone for the first time in just under two years. This drop might come in the wake of the rising conflict between Russia and Ukraine.
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