S&P 500 Hits All-Time Highs; Options Volume Surges 3.6% This Week
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowThe S&P 500 reached an all-time high, gaining 0.6% on Friday and 3.6% for the week. Options volumes also broke records, with over four million S&P 500 index calls traded on Cboe Global Markets on Tuesday, exceeding May's record by 10%. The Cboe Volatility Index (VIX) dropped to its lowest level since January. Additionally, S&P 500 earnings are projected to grow by 47% in Q2 2023, marking the largest increase since the pandemic recovery in 2021, which is vital for investor sentiment.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Cboe Global Markets (CBOE)
Cboe Global Markets operates options and equities exchanges and is home to VIX products.
The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.
Earlier CBOE news
- IYRI's 10.9% Yield Shrinking Despite 9% YTD Price Gains
- SPYI ETF Delivers 11.9% Yield with 18.9% Total Return
- Cboe (CBOE) Launches Prediction Markets Amid $24 Billion Volume Rise
- Charles Schwab (SCHW) Partners with Cboe for Prediction Market
- Cboe Global (CBOE) Faces Challenges Amid Market Volatility
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