Daily Index Insights offers a concise two-minute read on the latest news and trends in index markets. This resource includes performance data from S&P Dow Jones Indices across equities, fixed income, multi-asset, commodities, and factors. Our daily insights are designed to provide you with a comprehensive understanding of market movements, empowering you to make informed decisions based on the most current indices data and analysis.
“What is a memory? Not a storehouse, not a trunk in the attic, but an instrument that constantly refines the past into a narrative, accessible and acceptable to oneself”
Stanley Kauffmann (April 24, 1916 – October 9, 2023)
131 years ago today, 1895, Captain Joshua Slocum departed from Boston aboard the Spray, a 37-foot oyster sloop he had painstakingly rebuilt himself. Over the course of more than three years, he covered 46,000 miles across vast oceans to become the first person ever to sail solo around the world. At one point, he even crossed 2,000 miles of the Indian Ocean without touching the wheel, having ingeniously rigged the boat to steer itself. Relying only on dead reckoning and a simple tin clock, Slocum demonstrated how determination and inventive thinking can master even the most formidable seas. Here is your daily dashboard.
- The S&P 500® slipped 0.4% as strength in defensive segments including Utilities, Staples and Low Volatility was offset by a sell-off in Information Technology, down 1.5%. Within Information Technology, The S&P Composite 1500® Software and IT Services industries were hit particularly hard, down 5% and 7%, respectively.
- It’s been some time since our last content round-up from across S&P Global, and a wealth of excellent research has been published across divisions in the meantime. Here’s my choice cut for your perusal:
- Colleagues from across Market Intelligence, Energy, and Mobility teamed up to publish a special report on China’s dual industrial mandate of autonomy and productivity. It is a fascinating read, which examines how this dual mandate will drive the evolution of China’s industrial policy over the medium term, as well as the key challenges and implications for sectoral upgrading and global supply chains.
- The world’ oldest equity index, recently surpassed the 50,000 mark for the first time. To celebrate the occasion, Hamish Preston discusses what the latest milestone reveals about The Dow’s resilience, how the index has evolved through constituent changes and shifting sector dynamics, and the role it continues to play in reflecting the development of the U.S. economy.
- The S&P 500 Low Volatility just turned 15 years old earlier this month. As a birthday treat to the index, George Valantasis examines its live performance, characteristics and behavior since launch through 15 excellent exhibits.
- Colleagues from across Market Intelligence, Energy, and Mobility teamed up to publish a special report on China’s dual industrial mandate of autonomy and productivity. It is a fascinating read, which examines how this dual mandate will drive the evolution of China’s industrial policy over the medium term, as well as the key challenges and implications for sectoral upgrading and global supply chains.
