The S&P 500 Index, commonly referred to as the SPX or simply "the S&P," is a widely followed stock market index in the United States. Created in 1957 by Standard & Poor's, which is now part of S&P Global, the index is considered a benchmark for the overall U.S. stock market and is often used as a gauge of the health of the U.S. economy.
Here are some key aspects of the S&P 500 Index: