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Fashionably Late Cycle: The S&P 500 Market Leaders Index
Fashionably Late Cycle: The S&P 500 Market Leaders Index Elizabeth Bebb Director, Factor & Dividend Indices S&P Dow Jones Indices The late-cycle economy is defined as the final phase of the macroeconomic cycle when economic activity hits its peak. The period is characterized by high but slowing growth, rising inflation that may affect profit generation, a tight labor market and volatility in interest rates.
All That Glitters Isn’t Just Gold: 2025 Thematic Performance in Review
All That Glitters Isn’t Just Gold: 2025 Thematic Performance in Review Sabatino Longo Analyst, Global Equity & Thematic Indices S&P Dow Jones Indices 2025 Market Performance Markets delivered a strong year in 2025 across most parts of the globe. The S&P World Index was up 23%, while the S&P 500® was up 18% and posted 39 record closing highs during the year, despite persistent geopolitical, tariff and inflation pressure.
Houston, We Have an Index: Exploring the S&P Kensho Global Space Index
Houston, We Have an Index: Exploring the S&P Kensho Global Space Index Diego Zurita Analyst, Global Equities & Thematics S&P Dow Jones Indices In 2025, the S&P Kensho Global Space Index ended 2025 up 57.79%, outperforming both the S&P 500® (up 17.66%) and the S&P Global BMI (up 21.75%). The strong performance was not unique to last year; it has outperformed over the past four years, and it outperformed in annualized terms over the past three and five years (see Exhibit 1).
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