Benzinga - by Adam Eckert, Benzinga Staff Writer.
Editor’s Note: The article has been updated to note that the S&P and Dow Jones Indices are now updating properly.
The S&P and Dow Jones Indices appear to be updating properly again after experiencing some problems early on in Thursday’s trading session.
What Happened: The S&P 500 Index and Dow Jones Industrial Average (DJIA) experienced an issue on Thursday that caused live pricing for the indices to freeze.
The CME Group reportedly confirmed that there were issues impacting the calculations for the aforementioned indices. After freezing around 10:41 a.m. ET, the prices resumed with normal updates around noon, according to CNBC.
Benzinga contacted S&P Dow Jones Indices for comment, but has not yet received a response.
Trading appears to have continued uninterrupted during the pricing issue and no individual stock prices were impacted. The S&P 500 and DJIA were updating normally at the time of publication, according to Benzinga Pro.
The S&P 500 is a market capitalization-weighted index that tracks the largest 500 publicly traded companies. The index is considered one of the best gauges of broader market performance and is tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY).
The DJIA is a price-weighted index consisting of 30 stocks. It's one of the oldest and best-known measures of stock market performance, dating all the way back to 1896. The SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) tracks the index’s performance.
Don’t Miss: US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters
Photo: Shutterstock.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.