The S&P 500 Index (SPX) is a leading stock market index in the United States, maintained by Standard & Poor's. It includes 500 of the largest publicly traded companies listed on the NYSE and NASDAQ, representing a broad range of industries. The index serves as the primary benchmark for US equity performance, offering a representative, liquid, and tradable measure of the market. Investment managers use the S&P 500 to benchmark portfolios characterized by significant size and liquidity. The index provides optimal diversification across various sectors, reflecting the overall US economy. 

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