https://365datascience.com/dwqa-answer/answer-for-what-is-sp-term/ -
Hi Samuel,
Thanks for reaching out.
The S&P500 or simply the S&P measures the stock performance of 500 large companies listed on stock exchanges in the United States.
It is a very good proxy of the US (and world) economy and is the preferred index to look at when getting acquainted with time series data.
Best,
The 365 Team
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