This market will resolve as YES if the S&P 500 index declines by more than 8% from its closing value on March 31, 2025, to its closing value on April 30, 2025, based on official data from a credible financial source (e.g., Yahoo Finance, Bloomberg, or the New York Stock Exchange). The percentage change will be calculated as follows:
- Starting value: S&P 500 closing value on March 31, 2025
- Ending value: S&P 500 closing value on April 30, 2025
- Percentage drop = [(Starting value - Ending value) / Starting value] × 100
If the calculated drop exceeds 8.00%, the market resolves YES. Otherwise, it resolves NO. If the exact closing values are disputed or unavailable, the resolution will rely on the consensus of major financial reporting outlets.
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For the record the S&P 500 closed at 5,611.85 yesterday. So if the market closes at 5,162.90 or lower on April 30th, the market will resolve YES.
Ṁ100k NO order at 50% for the next hour if anyone is interested
@Panfilo perhaps?
@chrisjbillington No dice, I think I can hang out in the coming days and get some more action sub-40.
@chrisjbillington Glad I fell asleep for this! Getting better prices now