S&P 500 Index ($SPX) Index Forecast: Down 0.6% 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 0.6% on Jan 29, 2026 14:47

• The anticipation of the Federal Reserve's interest rate decision and Jerome Powell's speech likely caused uncertainty and led to profit-taking in the market, contributing to the bearish movement of the S&P 500.
• Strong earnings from Seagate were overshadowed by Packaging Corp's weak results, adding to the mixed sentiment in the market.
• The focus on large-cap growth stocks amidst expected market volatility may have prompted investors to reevaluate their positions, leading to the bearish trend in the index.
• The global rally in country-specific ETFs and the outperformance of gold mining stocks may have diverted some capital away from the S&P 500, impacting its performance negatively.

SPX Price Chart

SPX Technical Analysis

SPX News

Stock Market Today: Dow Jones, Nasdaq Futures Gain As Investors Await Fed Decision, Jerome Powell's Speech—Starbucks, Seagate, Tesla In Focus

U.S. stock futures rose on Wednesday as markets await the Federal Reserve's interest rate decision and Chair Jerome Powell's press conference. The Fed is expected to leave rates unchanged with 97.2% probability. Key movers include Seagate jumping 10% on strong earnings, Packaging Corp falling 2% on weak results, while Starbucks, Microsoft, and Tesla prepare to report earnings. Analysts forecast a resilient 2026 economy driven by productivity gains and AI adoption, with large-cap growth stocks favored despite expected market volatility.

https://www.benzinga.com/markets/equities/26/01/50182018/stock-market-today-dow-jones-nasdaq-futures-gain-as-investors-await-fed-decision-jerome-powells-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

From Tokyo To Oslo, Country ETFs Are Running Hot As Global Markets Ride Policy Shifts, AI Buzz

Global country-specific ETFs are rallying in early 2026 as investors favor markets with improving policy clarity and strong growth drivers. Norway, Turkey, South Korea, and Japan ETFs are approaching 52-week highs, driven by stable monetary policies, declining inflation, semiconductor strength, and positive fiscal outlooks respectively. The MSCI World Index has gained 2.4% year-to-date, with emerging markets particularly strong.

https://www.benzinga.com/etfs/emerging-market-etfs/26/01/50165193/from-tokyo-to-oslo-country-etfs-are-running-hot-as-global-markets-ride-policy-shifts-ai?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Gold Miners Crushed The S&P 500 By 10x — Are They Still A Buy?

Gold mining stocks have delivered explosive returns, with the VanEck Gold Miners ETF (GDX) up 187% over 12 months versus the S&P 500's 16% gain. Strong fundamentals including 26% revenue growth, 37% operating margins, and 91% earnings growth support the rally. However, technical indicators show signs of near-term exhaustion with overbought conditions, suggesting investors should use pullbacks as buying opportunities rather than chase current levels.

https://www.benzinga.com/markets/commodities/26/01/50156933/gold-mining-stocks-2026-sp500-price-performance-comparison-precious-metals-silver?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Stock Market Today: Dow Futures Slip, S&P 500 Gains Amid Trump's Fresh Tariffs On South Korea— General Motors, UnitedHealth, Cloudflare In Focus

U.S. stock futures showed mixed performance on Tuesday as President Trump announced fresh tariffs against South Korea. The S&P 500 and Nasdaq gained slightly while the Dow slipped. Key movers included UnitedHealth and Humana declining on healthcare policy concerns, Cloudflare surging on AI excitement, and Nucor falling after missing earnings estimates. The Federal Reserve begins its policy meeting with markets expecting rates to remain unchanged.

https://www.benzinga.com/markets/equities/26/01/50149100/stock-market-today-dow-futures-slip-sp-500-gains-amid-trumps-fresh-tariffs-on-south-korea-genera?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Stock Market Today: Dow Futures Gain, S&P 500 Slips As Investors Brace For Mega-Cap Earnings— Brand Engagement, Nucor In Focus (UPDATED)

U.S. stock futures declined on Monday as investors await mega-cap earnings from tech giants and other major companies. The market is also bracing for the Federal Reserve's interest rate decision on Wednesday, with markets pricing in a 97.2% likelihood of unchanged rates. Key movers include Baker Hughes (up on strong Q4 results), Sarepta Therapeutics (up on trial completion), and Brand Engagement Network (surging 221% on strategic partnership announcement). Analyst Mohamed El-Erian highlights the '2025 Paradox' of resilient markets amid geopolitical tensions.

https://www.benzinga.com/markets/equities/26/01/50120802/stock-market-today-dow-jones-sp-500-futures-slip-as-investors-brace-for-mega-cap-earnings-brand-?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel

Trending Today

Ethereum ($ETH) Crypto Forecast: Down 7.0% Today

Copper ($COPPER) Commodity Forecast: Down 6.1% Today

Gold ($XAU) Commodity Forecast: Down 5.1% Today

Silver ($XAG) Commodity Forecast: Down 7.2% Today

Bitcoin ($BTC) Crypto Forecast: Down 7.4% Today

Heating Oil ($HEATOIL) Commodity Forecast: Down 5.1% Today

Dogecoin ($DOGE) Crypto Forecast: Down 7.1% Today

Honeywell International Inc. ($HON) Stock Forecast: Up 5.0% Today

First Solar Inc. ($FSLR) Stock Forecast: Down 10.5% Today

Intuit Inc. ($INTU) Stock Forecast: Down 6.7% Today

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.

29.00.2026 - SPX Index was down 0.6%

• The anticipation of the Federal Reserve's interest rate decision and Jerome Powell's speech likely caused uncertainty and led to profit-taking in the market, contributing to the bearish movement of the S&P 500.
• Strong earnings from Seagate were overshadowed by Packaging Corp's weak results, adding to the mixed sentiment in the market.
• The focus on large-cap growth stocks amidst expected market volatility may have prompted investors to reevaluate their positions, leading to the bearish trend in the index.
• The global rally in country-specific ETFs and the outperformance of gold mining stocks may have diverted some capital away from the S&P 500, impacting its performance negatively.

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.