S&P 500 crosses 4,000 for first time in history! How to invest in US stocks from India – News 24-7 Live News 24-7 Live
S&P 500 crosses 4,000 for first time in history! How to invest in US stocks from India

S&P 500 crosses 4,000 for first time in history! How to invest in US stocks from India

Widely regarded as the best single indicator of large-cap US equities, the S&P 500 index has crossed a milestone figure of 4,000 for the first time in its 64 years of history. S&P 500 index has generated a compounded annualized growth rate of over 12 per cent in the last 10 years. According to Bloomberg data, while it took almost five years for the index to rise from the 2,000 milestone to 3,000 in July 2019, the latest 1,000-point trip took about 21 months. The recent rise in the index is on back of the rise in stock prices of energy and financial sectors. YTD returns for the S&P 500 index are nearly 12 per cent.

As an Indian investor looking to diversify your investment portfolio, S&P 500 index offers the opportunity to make money across global stocks. The best US stock market index and also the most important US stock index could probably be the S&P 500 index and is considered to be the top-most single indicator of large-cap US stocks.

News Source: financialexpress

Leave a Reply

Your email address will not be published. Required fields are marked *

Report News
Google