Resolution Criteria
This market resolves to YES if the S&P 500 Index closes down by more than 1% on April 2, 2025, compared to its closing value on April 1, 2025. Otherwise, it resolves to NO.
Background
The S&P 500 is a stock market index tracking the performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and is considered a benchmark of U.S. stock market performance.
As of March 25, 2025, the S&P 500 was at 5,776.65. The index has shown an average return of about 1.23% for 2025 so far, though it has experienced a decline of approximately 4% year-to-date as of late March 2025.
Daily movements of 1% or more are significant but not uncommon in the S&P 500, often triggered by economic data releases, Federal Reserve announcements, geopolitical events, or other market-moving news.
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ515 | |
| 2 | Ṁ50 | |
| 3 | Ṁ43 | |
| 4 | Ṁ28 | |
| 5 | Ṁ21 |
@Kd83 I don't think you should update it because the market mentions specifically April 2 and not anything related to "the day Trump announces tariffs"
@TotalVerb good point. I'll have to word it more carefully next time to account for time related discrepancies.
I had imagined the tarrifs would go into effect April 2 at 12:01 am like they had with previous tarrifs when I wrote the question