S&P 500 is one of the most popular stock indexes in the world. It was created in 1957 by the company Standard and Poor’s – or S&P – which is how it got its name.
When S&P 500 goes up or down in value, it’s a good indication of the direction of the overall US stock market.
For more information, please visit: What is S&P 500? A Thorough Explanation for Kids