S&P 500 Index ($SPX) Index Forecast: Down 0.3% Today

What is S&P 500 Index?

The S&P 500 (SPX) is a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States. Today, the index experienced a significant bearish movement.

Why is S&P 500 Index going down?

SPX index is down 0.3% on Jan 21, 2026 17:25

• Concerns over the economic impact of a credit card rate cap, mentioned by Jamie Dimon, could have influenced market sentiments on consumer spending and the economy, contributing to the bearish movement in the S&P 500.
• The market reacted negatively to tariff threats directed at Europe by Trump, resulting in a sell-off and a decline in investor participation.
• Uncertainty surrounding Trump's address at the World Economic Forum in Davos may have increased caution among investors, adding to the bearish trend in the market.
• Geopolitical tensions, economic worries, and corporate developments appear to have collectively influenced the bearish movement of the S&P 500 today.

SPX Price Chart

SPX Technical Analysis

SPX News

Jamie Dimon Calls Credit Card Rate Cap 'Economic Disaster'

JPMorgan Chase CEO Jamie Dimon warned that President Trump's proposed 10% credit card interest rate cap would be an 'economic disaster,' claiming it would remove credit access for 80% of Americans. The proposal has drawn criticism from the financial sector, with experts warning of negative impacts on banks' net interest income, loan growth, and airline loyalty programs.

https://www.benzinga.com/markets/large-cap/26/01/50039108/jamie-dimon-calls-credit-card-rate-cap-economic-disaster?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Stock Market Today: Dow Jones, S&P 500 Futures Recover As Focus Turns To Trump's Davos Address—Johnson & Johnson, Intel, GameStop In Focus

U.S. stock futures recovered on Wednesday following Tuesday's sharp 2% sell-off triggered by Trump's aggressive tariff threats toward Europe. Markets await Trump's keynote address at the World Economic Forum in Davos. Key movers include GameStop rising on CEO Cohen's stock purchase, Netflix falling despite earnings beat due to weak guidance, United Airlines surging on bullish forecast, and Intel gaining on analyst upgrades.

https://www.benzinga.com/markets/equities/26/01/50028611/stock-market-today-dow-jones-sp-500-futures-recover-as-focus-turns-to-trumps-davos-address-johns?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Top Economist Sees Fed Pivot, Resilient Economy Fueling 'Durable' Rotation Into Small-Cap, Value

Professor Jeremy Siegel predicts a sustainable rotation from large-cap growth to small-cap and value stocks, supported by economic resilience and an expected Federal Reserve policy pivot. Despite recent inflation noise, the economy remains strong with stable labor markets. The Fed is expected to hold rates in January with March as the earliest window for cuts, creating favorable conditions for market diversification.

https://www.benzinga.com/markets/economic-data/26/01/50027868/top-economist-sees-fed-pivot-resilient-economy-fueling-durable-rotation-into-small-cap-valu?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Trump's 1-Year Mark: Two Country ETFs Crush S&P 500 By Nearly 90%

One year into Trump's presidency, Peru and South Korea's country ETFs have dramatically outperformed the S&P 500 by nearly 90 percentage points. Peru's rally was driven by surging commodity and precious metals prices (gold +75%, silver +210%, copper +33%), benefiting materials-heavy companies. South Korea's outperformance was fueled by AI-related semiconductor demand, with Samsung and SK Hynix accounting for 70% of gains. While the S&P 500 delivered solid but unspectacular returns, these emerging markets captured outsized gains through different macro themes.

https://www.benzinga.com/etfs/broad-u-s-equity-etfs/26/01/50020492/trump-1-year-anniversary-country-etf-performance-south-korea-peru-ewy-epu-spy-sp500?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Stock Market Today: Dow Jones, S&P 500, Nasdaq Futures Plunge As Trump Escalates Tariff Threats— Alibaba, United Airlines, Netflix In Focus (UPDATED)

U.S. stock futures fell sharply on Tuesday as President Trump's escalating tariff threats over the Greenland dispute roiled global markets. Major indices declined with the S&P 500 down 1.79% and Nasdaq 100 down 2.23%. Key stocks in focus include Alibaba facing competition from ByteDance in cloud services, United Airlines ahead of earnings, and Netflix posting modest gains before earnings release.

https://www.benzinga.com/markets/equities/26/01/49996228/stock-market-today-sp-500-nasdaq-futures-plunge-as-trump-escalates-tariff-threats-alibaba-united?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Trending Today

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S&P 500 Index Price History

21.00.2026 - SPX Index was down 0.3%

• Concerns over the economic impact of a credit card rate cap, mentioned by Jamie Dimon, could have influenced market sentiments on consumer spending and the economy, contributing to the bearish movement in the S&P 500.
• The market reacted negatively to tariff threats directed at Europe by Trump, resulting in a sell-off and a decline in investor participation.
• Uncertainty surrounding Trump's address at the World Economic Forum in Davos may have increased caution among investors, adding to the bearish trend in the market.
• Geopolitical tensions, economic worries, and corporate developments appear to have collectively influenced the bearish movement of the S&P 500 today.

21.00.2026 - SPX Index was down 0.1%

• A sharp 2% sell-off in the U.S. stock market was driven by President Trump's aggressive tariff threats towards Europe, leading to uncertainty and negative sentiment among investors.
• Despite some positive movements, such as GameStop's rise following CEO Cohen's stock purchase and United Airlines' surge on a bullish forecast, overall market sentiment was clouded by geopolitical tensions.
• The market's response to Trump's tariff threats underscores the ongoing influence of political decisions on market volatility, underscoring the need to remain well-informed and flexible in adapting to such events.
• Investors are keeping a close watch on Trump's keynote address at the World Economic Forum in Davos for any potential hints or updates that could impact market direction.

09.00.2026 - SPX Index was up 0.5%

• The Q4 earnings season is commencing with major banks leading the way, as analysts anticipate solid EPS and revenue growth. The tech sector, specifically AI-driven companies, is expected to demonstrate significant growth, potentially boosting investor confidence in the market.
• The upcoming December jobs report and the Supreme Court's ruling on Trump's tariffs are keeping investors attentive, with futures indicating modest gains. Positive earnings results from companies like Tilray and Offerpad are bolstering the positive market sentiment.
• The AI market's tie to a well-established dividend narrative and the advice to remain fully invested and diversified may be attracting more investors to the market, further driving the bullish movement.
• Despite specific stock movements, such as AZZ surging on strong earnings and Northrop Grumman soaring on defense spending proposals, the overall market trend remains bullish, with investors eagerly awaiting crucial economic data releases.

02.00.2026 - SPX Index was up 0.2%

• The positive market movement is linked to overall optimism on the first trading day of 2026, as U.S. stock futures climbed.
• Baidu's 12.2% increase after a spinoff announcement and Rubico's 16.8% surge post-acquisition likely influenced the bullish sentiment.
• The potential addition of Vertiv Holdings to the S&P 500 in Q1 2026 might have further bolstered investor confidence.
• Despite a few individual stocks facing declines, the market trend overall stayed bullish, marking a positive start to the year for investors.

14.00.2026 - SPX Index was down 0.8%

• The recent Supreme Court ruling on Trump's tariff authority and the potential impacts on the market were contributing factors to the bearish sentiment.
• Worries surrounding inflation levels and the Federal Reserve's decision to maintain interest rates further fueled the market's unease, resulting in a decline across major indices.
• Criticisms regarding the US energy grid's preparedness for the AI industry's growth and concerns about hyperinflation from political interference in the Federal Reserve also had a notable impact on investor confidence.
• The depreciation of the Japanese yen to multi-year lows, alongside record highs in Japanese stocks, revealed a distinctive market dynamic, raising intervention risks and adding to global market uncertainties.

20.00.2026 - SPX Index was down 0.7%

• Escalating tariff threats over the Greenland dispute by President Trump caused global market turmoil, leading to a sharp decline in major indices like the S&P 500.
• The uncertainty surrounding trade tensions and geopolitical issues likely spooked investors, resulting in the bearish movement in the market.
• A comparison between S&P 500 ETFs VOO and SPY highlighted VOO as a better choice for long-term investors due to its lower expense ratio, which could have influenced trading patterns that day.
• Positive earnings reports from chipmakers and financial stocks on the previous day did not provide enough momentum to counteract the negative sentiment driven by geopolitical concerns, contributing to the bearish trend in the market.

31.11.2025 - SPX Index was down 0.4%

• Fading hopes for a year-end rally and President Trump's comments towards Federal Reserve Chair Jerome Powell may have influenced the market negatively.
• Billionaire Ray Dalio's caution about fiat currencies and predictions of devaluation could have increased market uncertainty.
• Geopolitical events, including tariff announcements by President Trump, might have caused overall market volatility.
• The market's bearish movement might also be linked to investors' cautious stance ahead of the Initial Jobless Claims report and the Fed's interest rate decision.

13.00.2026 - SPX Index was down 0.0%

• The decline in the S&P 500 index today can be attributed to the overall negative sentiment in the market as indicated by the bearish movement.
• Concerns over stable inflation at 2.7% annually and the expectation of unchanged Fed rates in January may have contributed to the downward pressure on the index.
• The tensions between the Department of Justice and the Federal Reserve, particularly regarding Chair Powell's congressional testimony, could have added to the market uncertainty, leading to the bearish movement in the S&P 500 index.
• Additionally, the focus on JPMorgan's upcoming earnings report and the potential shift towards dealmaking and investment banking for big banks in 2026 might have influenced investor sentiment, impacting the overall market direction negatively.

05.00.2026 - SPX Index was up 0.5%

• The uptrend in the S&P 500 reflects a general positive market outlook, indicated by the rise in U.S. stock futures on the opening day of the year.
• The recent U.S. military action in Venezuela and the resulting regime change may have caused fluctuations in crude oil prices, impacting different sectors and influencing market dynamics.
• Companies such as Vertiv Holdings, GH Research, and Nukkleus attracted investor interest following positive developments such as upgrades, FDA announcements, and acquisitions, thereby bolstering market optimism.
• Analysts' forecasts of incremental growth for 2026, following a remarkable 2025, could have played a role in the S&P 500's bullish trajectory, with investors eyeing potential opportunities for expansion in the new year.

12.00.2026 - SPX Index was up 0.1%

• Tensions between the DOJ and the Federal Reserve, particularly regarding Chair Powell's congressional testimony, initially impacted U.S. stock futures negatively. However, positive news surrounding companies like Vistra, Alibaba, and Tempus AI, coupled with anticipation of key economic data, drove the bullish movement in the S&P 500.
• Senator Tillis's opposition to upcoming Fed Chair nominees and the conflict over Fed independence versus political pressure introduced some uncertainty to the market. Nonetheless, this did not overshadow the positive momentum.
• Warren Buffett's investment philosophy which endorses S&P 500 ETFs for long-term investors may have also contributed to the overall bullish sentiment in the market.
• The commencement of the Q4 earnings season with high expectations, especially in the tech sector, indicates potential growth, further bolstering the bullish movement in the S&P 500.

06.00.2026 - SPX Index was up 0.4%

• Positive developments in sectors such as technology, energy, and acquisitions supported the upward movement in the S&P 500.
• CoreWeave, Vistra, and Microchip Technology played a role in boosting market sentiment through their partnership announcements, acquisition updates, and positive guidance.
• Geopolitical events, including the U.S. strike on Venezuela and the ousting of President Maduro, impacted crude oil prices, leading to fluctuations in stocks like Vertiv Holdings and Nukkleus.
• Market optimism was further fueled by the anticipation of Vertiv Holdings' inclusion in the S&P 500 in Q1 2026, reflecting the company's strong financial performance and growth potential.

16.11.2025 - SPX Index was down 0.8%

• Stock market crash fears are looming as technology stocks pull back, leading to profit-taking and portfolio rebalancing, contributing to the bearish movement in the SPX.
• Lower gas prices and Federal Reserve interest rate cuts are providing some relief to the economy, but concerns over potential inflation due to the Fed's Treasury bills buying plan are adding to market volatility.
• The Federal Reserve's proactive move to reappoint all regional Reserve Bank presidents and first vice presidents is seen as a measure to insulate the central bank from political interference, providing some stability amidst market uncertainties.
• New investors are advised on building a strong foundation with ETFs like SPY for broad market exposure, while the overall sentiment remains cautious as experts criticize the Fed's actions, highlighting the underlying concerns in the market.