Financial Snacks: What is the S&P?
Ladies Finance Club
A club helping Aussie women to get rich + take control of their financial future (without the boring bits)!
Welcome to another bite-sized finance episode! Today, Josh Gilbert from eToro gives us the rundown on what the S&P is - and no, it doesn’t have anything to do with condiments!
We look at exactly what the S&P, or Standard & Poor’s, is and how it offers a snapshot of the US equity market. We learn about what it takes for a company to make it onto the S&P index, and Josh gives us an example of a prominent company that was only included in recent years. You’ll be surprised!
We then talk about whether companies can list their shares on more than one exchange, and what that means for people wanting to buy stocks in Australia and in the US as well.?
So, tune in for a short and sweet explanation of the S&P, how it gauges large-cap US stocks and its ability to provide a clearer picture of the marketplace.?
Enjoy!
Sponsored-by included: This episode is brought to you by eToro Australia , Australia’s leading social investing platform with over 30M users worldwide allowing you to explore local & global markets, diversify your investments and copy popular investors strategies! Click here to find out more.
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