TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 18, 4:00 PM EST
Polymarket
This market will resolve to "Up" if the official S&P 500 Index closing price for S&P 500 (SPX) on Thursday, June 18, 2026 is higher than the official S&P 500 Index closing price for SPX on the most recent prior trading day. This market will resolve to "Down" if the official S&P 500 Index closing price for S&P 500 (SPX) on Thursday, June 18, 2026 is lower than the official S&P 500 Index closing price for SPX on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Note that all figures will be rounded to the nearest cent using standard rounding. If SPX does not trade at all during the regular session, the market will resolve 50-50. If either of the relevant days are shortened (for example, due to a market holiday schedule), the official closing price published by S&P 500 Index for that shortened session will still be used for resolution. If either of the relevant days have no official closing price (for example, due to a trading halt into the market close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. The resolution source for this market is the Wall Street Journal, specifically the Close values published by the WSJ under "Historical Prices". US: https://www.wsj.com/market-data/stocks EMEA: https://www.wsj.com/market-data/stocks/emea ASIA: https://www.wsj.com/market-data/stocks/asia
This market will resolve to "Up" if the official S&P 500 Index closing price for S&P 500 (SPX) on Thursday, June 18, 2026 is higher than the official S&P 500 Index closing price for SPX on the most recent prior trading day. This market will resolve to "Down" if the official S&P 500 Index closing price for S&P 500 (SPX) on Thursday, June 18, 2026 is lower than the official S&P 500 Index closing price for SPX on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Note that all figures will be rounded to the nearest cent using standard rounding. If SPX does not trade at all during the regular session, the market will resolve 50-50. If either of the relevant days are shortened (for example, due to a market holiday schedule), the official closing price published by S&P 500 Index for that shortened session will still be used for resolution. If either of the relevant days have no official closing price (for example, due to a trading halt into the market close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. The resolution source for this market is the Wall Street Journal, specifically the Close values published by the WSJ under "Historical Prices". US: https://www.wsj.com/market-data/stocks EMEA: https://www.wsj.com/market-data/stocks/emea ASIA: https://www.wsj.com/market-data/stocks/asia
Prediction market odds often diverge from traditional analyst forecasts because they reflect real-money incentives rather than consensus estimates. While equity strategists may publish target levels or directional calls based on fundamental analysis, this market aggregates the beliefs of traders who have capital at stake. Analyst forecasts tend to focus on longer-term trends and valuations, whereas prediction markets price short-term directional moves with precision. Comparing the two reveals whether professional traders are more bullish or bearish than the published consensus on any given trading session.
On Polymarket, traders set prices through an automated market maker or order-book mechanism, with each outcome represented as a separate contract. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The odds reflect the cumulative bets of all participants, updating continuously as new trades execute. Higher prices indicate stronger conviction that the S&P 500 will move in that direction by market close. Liquidity and trading volume directly influence how quickly prices adjust to breaking news or economic releases, making real-time monitoring essential for active traders.
This market resolves around Jun 18, 2026, once the trading day concludes and the S&P 500's closing price is finalized. The outcome is determined by comparing the closing level to the previous day's close, with the result verified against credible public financial reporting. No ambiguity exists in the settlement process, as the index's official closing value is published by major financial data providers and exchanges. Traders should monitor market hours and any halts or unusual trading conditions that might affect final pricing.
Economic data releases—including inflation reports, employment figures, and Fed communications—are primary catalysts for intraday S&P 500 moves. Corporate earnings announcements, geopolitical developments, and shifts in interest-rate expectations can trigger sharp directional swings. Technical levels and options expiration dynamics also influence short-term momentum. Traders monitoring this market should watch the economic calendar, central bank statements, and sector-specific news that might drive broad equity sentiment in the hours before market close.