No Summary provided as the original text is short
- Futures: Standardized financial contracts obligating the parties to transact an asset at a predetermined future date and price. They are often used to hedge against price movements or speculate on market direction.
- S&P 500: A stock market index that represents the performance of 500 of the largest publicly-traded companies in the United States, often used as a benchmark for the overall health of the U.S. market.