Sp500 futures chart reviewing today’s S&P 500 futures chart

Reviewing today’s S&P 500 futures chart, the market holds firm despite geopolitical tensions, reflecting investor belief in steady U.S. growth and healthy corporate margins. On the basis of forward 12-month Price-to-Earnings (P/E), which is a commonly used multiple for valuing manufacturing stocks, the industry is currently trading at 26.48X compared with the S&P 500’s 22.13X. It is also above the sector’s P/E ratio of 21.03X. Over the past five years, the industry has traded as high as 28.43X and as low as 14.78X, with the median being 22.48X, as the chart below shows. Christopher Vecchio , CFA, tastylive’s head of futures and forex, has been trading for nearly 20 years. He has consulted with multinational firms on FX hedging and lectured at Duke Law School on FX derivatives. Vecchio searches for high-convexity opportunities at the crossroads of macroeconomics and global politics. He hosts Futures Power Hour Monday-Friday and Let Me Explain on Tuesdays, and co-hosts Overtime, Monday-Thursday. @cvecchiofx The S&P 500 futures chart shows steady gains, backed by strong quarterly revenue growth from major tech giants. Positive forward guidance is reinforcing confidence in continued earnings expansion.