TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 25, 4:00 PM EST
Polymarket
S&P 500 (SPY) closes above ___ on June 25?
S&P 500 (SPY) closes above ___ on June 25?
Prediction market odds reflect real-money consensus from traders betting on SPY's closing price, whereas traditional analyst forecasts typically rely on econometric models and equity research. This market aggregates distributed knowledge from participants with direct financial incentive to forecast accurately, often capturing forward-looking sentiment faster than published analyst reports. Comparing implied probabilities here to consensus price targets from major investment banks can reveal where the crowd's conviction diverges from institutional positioning on near-term index direction.
This market resolves around Jun 25, 2026, once SPY's official closing price for that trading day is confirmed. The outcome is determined by whether the ETF's settlement price exceeds the specified threshold, verified against credible public sources including exchange data and financial news reporting. Resolution typically occurs within hours of market close, allowing traders to see final results and settle their positions promptly.
Federal Reserve policy announcements, inflation data releases, corporate earnings surprises, and geopolitical developments can all shift expectations around broad equity index performance by June 25. Volatility spikes, credit market stress, or shifts in interest rate expectations may trigger rapid repricing as traders reassess the probability of SPY reaching the target level. Economic calendar events, earnings seasons, and changes in market breadth or sector rotation can also influence intraday momentum and final closing price positioning.