S&P vs S&P futures

jamey

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5:31p, 9/28/25

AG

Anyone notice how over the last few weeks there's usually a meaningful gap between the S&P close and S&P futures

Say we close at 6645, futures will show around 6700 and its been fairly constant lately. I dont recall noticing such a constant gap in the past.

Does this mean anything?

Dan Scott

Joined: Dec 22, 2006

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5:37p, 9/28/25

AG

Contracts rolled over to December recently. The gap will shrink unless market is saying there will be monster volatility coming .

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Heineken-Ashi

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In reply to jamey • 5:40p, 9/28/25

jamey said:
Anyone notice how over the last few weeks there's usually a meaningful gap between the S&P close and S&P futures

Say we close at 6645, futures will show around 6700 and its been fairly constant lately. I dont recall noticing such a constant gap in the past.

Does this mean anything?

There's almost always a small spread between the two. The difference is carry costs of futures as well as some potential volatility differences. This is nothing new.

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jamey

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5:46p, 9/28/25

AG

Is it possible Yahoo finance switched from using after hours during closed market hours to futures, currently showing Dec 2025? Are those 2 different things?

And thats what Im seeing as a change from the past

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