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Value of the S&P 500 on March 1, 2018

The situation got a little volatile out there in the markets during early February, 2018. On Monday, 2/5, the venerable Dow Jones Industrial Average experienced its largest point drop in history, and fell more than 4%. The Cboe VIX index, which measures market expectations of near-term volatility as summarized by S&P 500 stock index option prices, shot up to 37, after spending all of January at values close to 10. Action in the secuities markets was complemented by large declines in the market capitalization of cryptocurrencies.

Clearly, with the S&P 500 index now standing near 2,700 and effectively unchanged year-to-date, it would be handy to know what will happen next... So we ask: At the close of US equity trading on March 1, 2018, what will be the value of the S&P 500 index, as measured by the last traded price of the E-mini near-month future (ESH2018) prior to 4PM EST?


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