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S&P 500 Index Futures
Financial contracts that speculate on the future value of the S&P 500 index, allowing investors to bet on the direction of the stock market.
Buy
The action of acquiring ownership in a financial asset with the expectation that its value will increase over time.
Futures Contract
A legal agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Specified Amount
A clearly defined sum or quantity noted in a financial agreement or contract.
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