www.spglobal.com Open in urlscan Pro
2a02:26f0:e300::211:93e1  Public Scan

Submitted URL: http://ihsmarkit.com/Legal/privacy.html__;!!HTp9Kzo!gaWkPoioiB2ZiIKxSHX7=
Effective URL: https://www.spglobal.com/en
Submission: On June 11 via api from AE — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

Skip to Content Skip to Menu Skip to Footer

Explore S&P Global

Search

EN
 * 中文 (Chinese)


Support

TRENDING TOPICS

 * Look Forward: Multidimensional Transition
 * Look Forward: Supply Chain 2024
 * AI in Banking: AI Will Be An Incremental Game Changer
 * The Return of Energy Security
 * The AI Governance Challenge
 * India's Future: The Quest for High and Stable Growth

OFFERINGS BY DIVISION

 * S&P Global Market Intelligence
 * S&P Global Ratings
 * S&P Global Commodity Insights
 * S&P Dow Jones Indices
 * S&P Global Mobility
 * S&P Global Sustainable1

 * S&P Global Offerings
   
   --------------------------------------------------------------------------------

 * Featured Topics
   
   --------------------------------------------------------------------------------

 * Featured Products
   
   --------------------------------------------------------------------------------

 * Events
   
   --------------------------------------------------------------------------------

 * Careers
   
   --------------------------------------------------------------------------------


S&P GLOBAL OFFERINGS




--------------------------------------------------------------------------------

MARKET INTELLIGENCE

RATINGS

COMMODITY INSIGHTS

S&P DOW JONES INDICES

MOBILITY

SUSTAINABLE1


FEATURED TOPICS




--------------------------------------------------------------------------------

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI


FEATURED PRODUCTS




--------------------------------------------------------------------------------

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA

(opens in a new tab)


EVENTS




--------------------------------------------------------------------------------

Featured S&P Global Events
Webinar Replays
CERAWeek
S&P Global Market Intelligence
S&P Global Ratings
S&P Dow Jones Indices
S&P Global Mobility
S&P Global Commodity Insights
S&P Global Sustainable1


CAREERS




--------------------------------------------------------------------------------

Overview
Our Culture
Our Commitment
Our Work
Search for a Job
 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * S&P Global Offerings
 * Featured Topics
 * Featured Products
 * Events
 * Careers

S&P Global Offerings

MARKET INTELLIGENCE

RATINGS

COMMODITY INSIGHTS

S&P DOW JONES INDICES

MOBILITY

SUSTAINABLE1

Featured Topics

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI

Featured Products

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA

(opens in a new tab)

Events

Featured S&P Global Events
Webinar Replays
CERAWeek
S&P Global Market Intelligence
S&P Global Ratings
S&P Dow Jones Indices
S&P Global Mobility
S&P Global Commodity Insights
S&P Global Sustainable1

Careers

Overview
Our Culture
Our Commitment
Our Work
Search for a Job

Find Products
Research & Insights
Who We Are
Contact Us(opens in a new tab)
 * Featured Products
   
   --------------------------------------------------------------------------------

 * Data & Analytics
   
   --------------------------------------------------------------------------------

 * Research & Insights
   
   --------------------------------------------------------------------------------

 * Ratings & Benchmarks
   
   --------------------------------------------------------------------------------

 * Indices (opens in a new tab)
   
   --------------------------------------------------------------------------------

 * Technology Solutions
   
   --------------------------------------------------------------------------------

 * By Topic
   
   --------------------------------------------------------------------------------

 * See all S&P Global Products & Solutions (opens in a new tab)
   
   --------------------------------------------------------------------------------


FEATURED PRODUCTS




--------------------------------------------------------------------------------

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------




RATINGS & BENCHMARKS




--------------------------------------------------------------------------------

OVERVIEW

FIND A RATING

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------




BY TOPIC




--------------------------------------------------------------------------------

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI

--------------------------------------------------------------------------------


 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * Featured Products
 * Data & Analytics
 * Research & Insights
 * Ratings & Benchmarks
 * Indices (opens in a new tab)
 * Technology Solutions
 * By Topic
 * See all S&P Global Products & Solutions (opens in a new tab)

Featured Products

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA




Ratings & Benchmarks

OVERVIEW

FIND A RATING




By Topic

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI

 * Market Insights
   
   --------------------------------------------------------------------------------

 * Special Reports
   
   --------------------------------------------------------------------------------

 * Events
   
   --------------------------------------------------------------------------------

 * Experts
   
   --------------------------------------------------------------------------------

 * Podcasts
   
   --------------------------------------------------------------------------------


MARKET INSIGHTS




--------------------------------------------------------------------------------

SUSTAINABILITY

ECONOMY

CAPITAL MARKETS

GLOBAL TRADE

ENERGY & COMMODITIES

TECHNOLOGY & INNOVATION

GEOPOLITICAL RISK

ARTIFICIAL INTELLIGENCE

--------------------------------------------------------------------------------




EVENTS




--------------------------------------------------------------------------------

FEATURED S&P GLOBAL EVENTS

WEBINAR REPLAYS

CERAWEEK

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------


 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * Market Insights
 * Special Reports
 * Events
 * Experts
 * Podcasts

Market Insights

SUSTAINABILITY

ECONOMY

CAPITAL MARKETS

GLOBAL TRADE

ENERGY & COMMODITIES

TECHNOLOGY & INNOVATION

GEOPOLITICAL RISK

ARTIFICIAL INTELLIGENCE



Events

FEATURED S&P GLOBAL EVENTS

WEBINAR REPLAYS

CERAWEEK



 * About S&P Global
   
   --------------------------------------------------------------------------------

 * Corporate Responsibility
   
   --------------------------------------------------------------------------------

 * Diversity, Equity, & Inclusion
   
   --------------------------------------------------------------------------------

 * Investor Relations
   
   --------------------------------------------------------------------------------


ABOUT S&P GLOBAL




--------------------------------------------------------------------------------

Our Purpose & Values
Our People
Our History
Capabilities


CORPORATE RESPONSIBILITY




--------------------------------------------------------------------------------

Overview
Reports & Policies
#ChangePays
ESG
S&P Global Foundation
Focus Areas


DIVERSITY, EQUITY, & INCLUSION




--------------------------------------------------------------------------------

Overview
People Resource Groups
Our Stories
Supplier Diversity
Search for a Job


INVESTOR RELATIONS




--------------------------------------------------------------------------------

Overview (opens in a new tab)
Presentations (opens in a new tab)
Investor Fact Book (opens in a new tab)
News Releases (opens in a new tab)
Quarterly Earnings (opens in a new tab)
SEC Filings & Reports (opens in a new tab)
Executive Committee (opens in a new tab)
Governance (opens in a new tab)
Merger Information (opens in a new tab)
Stocks & Dividends (opens in a new tab)
Shareholder Services (opens in a new tab)
Contact (opens in a new tab)
 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * About S&P Global
 * Corporate Responsibility
 * Diversity, Equity, & Inclusion
 * Investor Relations

About S&P Global

Our Purpose & Values
Our People
Our History
Capabilities

Corporate Responsibility

Overview
Reports & Policies
#ChangePays
ESG
S&P Global Foundation
Focus Areas

Diversity, Equity, & Inclusion

Overview
People Resource Groups
Our Stories
Supplier Diversity
Search for a Job

Investor Relations

Overview (opens in a new tab)
Presentations (opens in a new tab)
Investor Fact Book (opens in a new tab)
News Releases (opens in a new tab)
Quarterly Earnings (opens in a new tab)
SEC Filings & Reports (opens in a new tab)
Executive Committee (opens in a new tab)
Governance (opens in a new tab)
Merger Information (opens in a new tab)
Stocks & Dividends (opens in a new tab)
Shareholder Services (opens in a new tab)
Contact (opens in a new tab)

Back S&P Global
   Find Products
   
   Research & Insights
   
   Who We Are
   
 * Explore S&P Global

 * Featured Products
   
   --------------------------------------------------------------------------------

 * Data & Analytics
   
   --------------------------------------------------------------------------------

 * Research & Insights
   
   --------------------------------------------------------------------------------

 * Ratings & Benchmarks
   
   --------------------------------------------------------------------------------

 * Indices (opens in a new tab)
   
   --------------------------------------------------------------------------------

 * Technology Solutions
   
   --------------------------------------------------------------------------------

 * By Topic
   
   --------------------------------------------------------------------------------

 * See all S&P Global Products & Solutions (opens in a new tab)
   
   --------------------------------------------------------------------------------


FEATURED PRODUCTS




--------------------------------------------------------------------------------

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------




RATINGS & BENCHMARKS




--------------------------------------------------------------------------------

OVERVIEW

FIND A RATING

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------




BY TOPIC




--------------------------------------------------------------------------------

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI

--------------------------------------------------------------------------------


 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * Featured Products
 * Data & Analytics
 * Research & Insights
 * Ratings & Benchmarks
 * Indices (opens in a new tab)
 * Technology Solutions
 * By Topic
 * See all S&P Global Products & Solutions (opens in a new tab)

Featured Products

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA




Ratings & Benchmarks

OVERVIEW

FIND A RATING




By Topic

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI

 * Market Insights
   
   --------------------------------------------------------------------------------

 * Special Reports
   
   --------------------------------------------------------------------------------

 * Events
   
   --------------------------------------------------------------------------------

 * Experts
   
   --------------------------------------------------------------------------------

 * Podcasts
   
   --------------------------------------------------------------------------------


MARKET INSIGHTS




--------------------------------------------------------------------------------

SUSTAINABILITY

ECONOMY

CAPITAL MARKETS

GLOBAL TRADE

ENERGY & COMMODITIES

TECHNOLOGY & INNOVATION

GEOPOLITICAL RISK

ARTIFICIAL INTELLIGENCE

--------------------------------------------------------------------------------




EVENTS




--------------------------------------------------------------------------------

FEATURED S&P GLOBAL EVENTS

WEBINAR REPLAYS

CERAWEEK

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------


 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * Market Insights
 * Special Reports
 * Events
 * Experts
 * Podcasts

Market Insights

SUSTAINABILITY

ECONOMY

CAPITAL MARKETS

GLOBAL TRADE

ENERGY & COMMODITIES

TECHNOLOGY & INNOVATION

GEOPOLITICAL RISK

ARTIFICIAL INTELLIGENCE



Events

FEATURED S&P GLOBAL EVENTS

WEBINAR REPLAYS

CERAWEEK



 * About S&P Global
   
   --------------------------------------------------------------------------------

 * Corporate Responsibility
   
   --------------------------------------------------------------------------------

 * Diversity, Equity, & Inclusion
   
   --------------------------------------------------------------------------------

 * Investor Relations
   
   --------------------------------------------------------------------------------


ABOUT S&P GLOBAL




--------------------------------------------------------------------------------

Our Purpose & Values
Our People
Our History
Capabilities


CORPORATE RESPONSIBILITY




--------------------------------------------------------------------------------

Overview
Reports & Policies
#ChangePays
ESG
S&P Global Foundation
Focus Areas


DIVERSITY, EQUITY, & INCLUSION




--------------------------------------------------------------------------------

Overview
People Resource Groups
Our Stories
Supplier Diversity
Search for a Job


INVESTOR RELATIONS




--------------------------------------------------------------------------------

Overview (opens in a new tab)
Presentations (opens in a new tab)
Investor Fact Book (opens in a new tab)
News Releases (opens in a new tab)
Quarterly Earnings (opens in a new tab)
SEC Filings & Reports (opens in a new tab)
Executive Committee (opens in a new tab)
Governance (opens in a new tab)
Merger Information (opens in a new tab)
Stocks & Dividends (opens in a new tab)
Shareholder Services (opens in a new tab)
Contact (opens in a new tab)
 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * About S&P Global
 * Corporate Responsibility
 * Diversity, Equity, & Inclusion
 * Investor Relations

About S&P Global

Our Purpose & Values
Our People
Our History
Capabilities

Corporate Responsibility

Overview
Reports & Policies
#ChangePays
ESG
S&P Global Foundation
Focus Areas

Diversity, Equity, & Inclusion

Overview
People Resource Groups
Our Stories
Supplier Diversity
Search for a Job

Investor Relations

Overview (opens in a new tab)
Presentations (opens in a new tab)
Investor Fact Book (opens in a new tab)
News Releases (opens in a new tab)
Quarterly Earnings (opens in a new tab)
SEC Filings & Reports (opens in a new tab)
Executive Committee (opens in a new tab)
Governance (opens in a new tab)
Merger Information (opens in a new tab)
Stocks & Dividends (opens in a new tab)
Shareholder Services (opens in a new tab)
Contact (opens in a new tab)
 * S&P Global Offerings
   
   --------------------------------------------------------------------------------

 * Featured Topics
   
   --------------------------------------------------------------------------------

 * Featured Products
   
   --------------------------------------------------------------------------------

 * Events
   
   --------------------------------------------------------------------------------

 * Careers
   
   --------------------------------------------------------------------------------


S&P GLOBAL OFFERINGS




--------------------------------------------------------------------------------

MARKET INTELLIGENCE

RATINGS

COMMODITY INSIGHTS

S&P DOW JONES INDICES

MOBILITY

SUSTAINABLE1


FEATURED TOPICS




--------------------------------------------------------------------------------

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI


FEATURED PRODUCTS




--------------------------------------------------------------------------------

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA

(opens in a new tab)


EVENTS




--------------------------------------------------------------------------------

Featured S&P Global Events
Webinar Replays
CERAWeek
S&P Global Market Intelligence
S&P Global Ratings
S&P Dow Jones Indices
S&P Global Mobility
S&P Global Commodity Insights
S&P Global Sustainable1


CAREERS




--------------------------------------------------------------------------------

Overview
Our Culture
Our Commitment
Our Work
Search for a Job
 * S&P Global Home
 * Market Intelligence
 * Ratings
 * Commodity Insights
 * S&P Dow Jones Indices
 * Mobility
 * Sustainable1

 * S&P Global Offerings
 * Featured Topics
 * Featured Products
 * Events
 * Careers

S&P Global Offerings

MARKET INTELLIGENCE

RATINGS

COMMODITY INSIGHTS

S&P DOW JONES INDICES

MOBILITY

SUSTAINABLE1

Featured Topics

Sustainability
Private Markets
Energy Transition
Credit & Risk
Fixed Income
Supply Chain
Technology & AI

Featured Products

S&P CAPITAL IQ PRO

PLATTS CONNECT

S&P GLOBAL ESG SCORES

AUTOCREDITINSIGHT

RATINGS360

SPICE: THE INDEX SOURCE FOR ESG DATA

(opens in a new tab)

Events

Featured S&P Global Events
Webinar Replays
CERAWeek
S&P Global Market Intelligence
S&P Global Ratings
S&P Dow Jones Indices
S&P Global Mobility
S&P Global Commodity Insights
S&P Global Sustainable1

Careers

Overview
Our Culture
Our Commitment
Our Work
Search for a Job

Language

 * 中文 (Chinese)

Trending Topics
Look Forward: Multidimensional Transition
Look Forward: Supply Chain 2024
AI in Banking: AI Will Be An Incremental Game Changer
The Return of Energy Security
The AI Governance Challenge
India's Future: The Quest for High and Stable Growth

--------------------------------------------------------------------------------

Offerings by Division
S&P Global Market Intelligence
S&P Global Ratings
S&P Global Commodity Insights
S&P Dow Jones Indices
S&P Global Mobility
S&P Global Sustainable1
Search EN Support Contact Us (opens in a new tab)
Contact Us (opens in a new tab)

--------------------------------------------------------------------------------





DISCLAIMER

© 2022 S&P Dow Jones Indices. All rights reserved. S&P, S&P 500, S&P 500 LOW
VOLATILITY INDEX, S&P 100, S&P COMPOSITE 1500, S&P 400, S&P MIDCAP 400, S&P 600,
S&P SMALLCAP 600, S&P GIVI, GLOBAL TITANS, DIVIDEND ARISTOCRATS, S&P TARGET DATE
INDICES, S&P PRISM, S&P STRIDE, GICS, SPIVA, SPDR and INDEXOLOGY are registered
trademarks of S&P Global, Inc. (“S&P Global”) or its affiliates. DOW JONES, DJ,
DJIA, THE DOW and DOW JONES INDUSTRIAL AVERAGE are registered trademarks of Dow
Jones Trademark Holdings LLC (“Dow Jones”). These trademarks together with
others have been licensed to S&P Dow Jones Indices LLC. Redistribution or
reproduction in whole or in part are prohibited without written permission of
S&P Dow Jones Indices LLC. This document does not constitute an offer of
services in jurisdictions where S&P Dow Jones Indices LLC, S&P Global, Dow Jones
or their respective affiliates (collectively “S&P Dow Jones Indices”) do not
have the necessary licenses. Except for certain custom index calculation
services, all information provided by S&P Dow Jones Indices is impersonal and
not tailored to the needs of any person, entity or group of persons. S&P Dow
Jones Indices receives compensation in connection with licensing its indices to
third parties and providing custom calculation services. Past performance of an
index is not an indication or guarantee of future results.

It is not possible to invest directly in an index. Exposure to an asset class
represented by an index may be available through investable instruments based on
that index. S&P Dow Jones Indices does not sponsor, endorse, sell, promote or
manage any investment fund or other investment vehicle that is offered by third
parties and that seeks to provide an investment return based on the performance
of any index. S&P Dow Jones Indices makes no assurance that investment products
based on the index will accurately track index performance or provide positive
investment returns. S&P Dow Jones Indices LLC is not an investment advisor, and
S&P Dow Jones Indices makes no representation regarding the advisability of
investing in any such investment fund or other investment vehicle. A decision to
invest in any such investment fund or other investment vehicle should not be
made in reliance on any of the statements set forth in this document.
Prospective investors are advised to make an investment in any such fund or
other vehicle only after carefully considering the risks associated with
investing in such funds, as detailed in an offering memorandum or similar
document that is prepared by or on behalf of the issuer of the investment fund
or other investment product or vehicle. S&P Dow Jones Indices LLC is not a tax
advisor. A tax advisor should be consulted to evaluate the impact of any
tax-exempt securities on portfolios and the tax consequences of making any
particular investment decision. Inclusion of a security within an index is not a
recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor
is it considered to be investment advice. Closing prices for S&P Dow Jones
Indices’ US benchmark indices are calculated by S&P Dow Jones Indices based on
the closing price of the individual constituents of the index as set by their
primary exchange. Closing prices are received by S&P Dow Jones Indices from one
of its third party vendors and verified by comparing them with prices from an
alternative vendor. The vendors receive the closing price from the primary
exchanges. Real-time intraday prices are calculated similarly without a second
verification.

These materials have been prepared solely for informational purposes based upon
information generally available to the public and from sources believed to be
reliable. No content contained in these materials (including index data,
ratings, credit-related analyses and data, research, valuations, model, software
or other application or output therefrom) or any part thereof (“Content”) may be
modified, reverse-engineered, reproduced or distributed in any form or by any
means, or stored in a database or retrieval system, without the prior written
permission of S&P Dow Jones Indices. The Content shall not be used for any
unlawful or unauthorized purposes. S&P Dow Jones Indices and its third-party
data providers and licensors (collectively “S&P Dow Jones Indices Parties”) do
not guarantee the accuracy, completeness, timeliness or availability of the
Content. S&P Dow Jones Indices Parties are not responsible for any errors or
omissions, regardless of the cause, for the results obtained from the use of the
Content. THE CONTENT IS PROVIDED ON AN “AS IS” BASIS. S&P DOW JONES INDICES
PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT
LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE OR USE, FREEDOM FROM BUGS, SOFTWARE ERRORS OR DEFECTS, THAT THE
CONTENT’S FUNCTIONING WILL BE UNINTERRUPTED OR THAT THE CONTENT WILL OPERATE
WITH ANY SOFTWARE OR HARDWARE CONFIGURATION. In no event shall S&P Dow Jones
Indices Parties be liable to any party for any direct, indirect, incidental,
exemplary, compensatory, punitive, special or consequential damages, costs,
expenses, legal fees, or losses (including, without limitation, lost income or
lost profits and opportunity costs) in connection with any use of the Content
even if advised of the possibility of such damages.

Credit-related information and other analyses, including ratings, research and
valuations are generally provided by licensors and/or affiliates of S&P Dow
Jones Indices, including but not limited to S&P Global’s other divisions such as
S&P Global Market Intelligence. Any credit-related information and other related
analyses and statements in the Content are statements of opinion as of the date
they are expressed and not statements of fact. Any opinion, analyses and rating
acknowledgement decisions are not recommendations to purchase, hold, or sell any
securities or to make any investment decisions, and do not address the
suitability of any security. S&P Dow Jones Indices does not assume any
obligation to update the Content following publication in any form or format.
The Content should not be relied on and is not a substitute for the skill,
judgment and experience of the user, its management, employees, advisors and/or
clients when making investment and other business decisions. S&P Dow Jones
Indices LLC does not act as a fiduciary or an investment advisor. While S&P Dow
Jones Indices has obtained information from sources they believe to be reliable,
S&P Dow Jones Indices does not perform an audit or undertake any duty of due
diligence or independent verification of any information it receives.

To the extent that regulatory authorities allow a rating agency to acknowledge
in one jurisdiction a rating issued in another jurisdiction for certain
regulatory purposes, S&P Global Ratings reserves the right to assign, withdraw
or suspend such acknowledgement at any time and in its sole discretion. S&P Dow
Jones Indices, including S&P Global Ratings, disclaim any duty whatsoever
arising out of the assignment, withdrawal or suspension of an acknowledgement as
well as any liability for any damage alleged to have been suffered on account
thereof. Affiliates of S&P Dow Jones Indices LLC, including S&P Global Ratings,
may receive compensation for its ratings and certain credit-related analyses,
normally from issuers or underwriters of securities or from obligors. Such
affiliates of S&P Dow Jones Indices LLC, including S&P Global Ratings, reserve
the right to disseminate its opinions and analyses. Public ratings and analyses
from S&P Global Ratings are made available on its Web
sites, www.standardandpoors.com (free of charge),
and www.ratingsdirect.com and www.globalcreditportal.com (subscription), and may
be distributed through other means, including via S&P Global Ratings
publications and third-party redistributors. Additional information about our
ratings fees is available at www.standardandpoors.com/usratingsfees.

S&P Global keeps certain activities of its various divisions and business units
separate from each other in order to preserve the independence and objectivity
of their respective activities. As a result, certain divisions and business
units of S&P Global may have information that is not available to other business
units. S&P Global has established policies and procedures to maintain the
confidentiality of certain non-public information received in connection with
each analytical process.

In addition, S&P Dow Jones Indices provides a wide range of services to, or
relating to, many organizations, including issuers of securities, investment
advisers, broker-dealers, investment banks, other financial institutions and
financial intermediaries, and accordingly may receive fees or other economic
benefits from those organizations, including organizations whose securities or
services they may recommend, rate, include in model portfolios, evaluate or
otherwise address.

The Global Industry Classification Standard (GICS®) was developed by and is the
exclusive property and a trademark of S&P and MSCI.  Neither MSCI, S&P nor any
other party involved in making or compiling any GICS classifications makes any
express or implied warranties or representations with respect to such standard
or classification (or the results to be obtained by the use thereof), and all
such parties hereby expressly disclaim all warranties of originality, accuracy,
completeness, merchantability or fitness for a particular purpose with respect
to any of such standard or classification.  Without limiting any of the
foregoing, in no event shall MSCI, S&P, any of their affiliates or any third
party involved in making or compiling any GICS classifications have any
liability for any direct, indirect, special, punitive, consequential or any
other damages (including lost profits) even if notified of the possibility of
such damages.

ASX, ALL ORDINARIES are trademarks of ASX Operations Pty Ltd. and have been
licensed for use by S&P Dow Jones Indices.

B3 is a trademark of B3 S.A. - Brasil, Bolsa, Balcão and has been licensed for
use by S&P Dow Jones Indices.

CLX, IGPA, IPSA, BOLSA DE SANTIAGO, BOLSA DE COMERCIO DE SANTIAGO, BOLSA DE
COMERCIO DE SANTIAGO BOLSA ELECTR6NICA, BOLSA DE COMERCIO SANTIAGO -CHILE, BOLSA
DE VALORES DE SANTIAGO, BOLSA NACIONAL DE COMERCIO, BOLSA OFF SHORE, BOLSA DE
COMERCIO DE SANTIAGO, BOLSA DE VALORES, SANTIAGO STOCK EXCHANGE are trademarks
of Bolsa de Comercio de Santiago and have been licensed for use by S&P Dow Jones
Indices.

BMV is a trademark of Bolsa Mexicana de Valores, S.A.B. de C.V. and has been
licensed for use by S&P Dow Jones Indices.

BNY Mellon is a trademark of The Bank of New York Mellon Corporation and has
been licensed for use by S&P Dow Jones Indices.

Brookfield Redding, Inc. and/or its affiliates (including but not limited to
Brookfield Asset Management Inc., collectively “Co-Publisher”) own certain
intellectual property rights with respect to the Dow Jones Brookfield
Infrastructure Indexes, which rights have been licensed to S&P for use.

BVL is a trademark of Bolsa de Valores de Lima S.A. and has been licensed for
use by S&P Dow Jones Indices.

BYMA is a trademark of Bolsas y Mercados Argentinos S.A. and has been licensed
for use by S&P Dow Jones Indices.

CASE-SHILLER is a registered trademark of CoreLogic Case-Shiller, LLC and has
been licensed for use by S&P Dow Jones Indices.

CSE is a trademark of Colombo Stock Exchange and has been licensed for use by
S&P Dow Jones Indices.

DRUCKER INSTITUTE is a trademark of Claremont Graduate University and has been
licensed for use by S&P Dow Jones Indices.

EGX is a trademark of The Egyptian Exchange and has been licensed for use by S&P
Dow Jones Indices.

EXPERIAN is a trademark of Experian Information Services Inc. and has been
licensed for use by S&P Dow Jones Indices.

FEAS is a trademark of the Federation of Euro-Asian Stock Exchanges and has been
licensed for use by S&P Dow Jones Indices.

FMDQ is a trademark of FMDQ OTC Securities Exchange and has been licensed for
use by S&P Dow Jones Indices.

GSCI is a registered trademark of The Goldman Sachs Group, Inc. (“Goldman”) and
has been licensed for use by S&P Dow Jones Indices. The S&P GSCI index is not
created, owned, endorsed, sponsored, sold or promoted by Goldman or its
affiliates and Goldman bears no liability with respect to such index or data
related thereto. Goldman provides no guarantee as to the accuracy and/or the
completeness of the S&P GSCI index or any data related thereto.

HAREL is a trademark of Harel Insurance Investments and Financial Services Ltd.
and has been licensed for use by S&P Dow Jones Indices.

HAWKAMAH is a trademark of Hawkamah LLC and has been licensed for use by S&P Dow
Jones Indices.

HKEx is a trademark of HKEx Information Services Limited and has been licensed
for use by S&P Dow Jones Indices.

IFCI and IFCG are trademarks of International Finance Corporation and have been
licensed for use by S&P Dow Jones Indices.

ISDA is a trademark of the International Swaps & Derivatives Association, Inc.
and has been licensed for use by S&P Dow Jones Indices.

JPX is a trademark of Japan Exchange Group, Inc. and has been licensed for use
by S&P Dow Jones Indices.

KENSHO is a trademark of Kensho Technologies, LLC and has been licensed for use
by S&P Dow Jones Indices.

KRX and KOSPI are trademarks of The Korea Exchange and have been licensed for
use by S&P Dow Jones Indices.

LINKUP is a trademark of JobDig, Inc. and has been licensed for use by S&P Dow
Jones Indices.

LSTA is a trademark of Loan Syndications and Trading Association, Inc. and has
been licensed for use by S&P Dow Jones Indices.

MARKETAXXESS is a trademark of MarketAxxess Corporation and has been licensed
for use by S&P Dow Jones Indices.

MERVAL is a trademark of Bolsas y Mercados Argentinos S.A. and has been licensed
for use by S&P Dow Jones Indices.

In countries within the global territory other than Chile, MILA is a trademark
of Balsa de Valores de Colombia, S.A, Balsa de Valores de Lima and Bolsa de
Comercio de Santiago. In Chile, MILA is a trademark of Bolsa de Comercio de
Santiago and Deposito Central de Valores. This mark has been licensed for use by
S&P Dow Jones Indices.

NZX is a trademark of NZX Limited and have been licensed for use by S&P Dow
Jones Indices.

S&P Global, provides the data that powers the globally recognized Dow Jones
Sustainability Indices, S&P 500 ESG Index, and others in the S&P ESG Index
Series. Each year, S&P Global conducts the Corporate Sustainability Assessment,
an ESG analysis of over 7,300 companies. The CSA has produced one of the world’s
most comprehensive databases of financially material sustainability information,
and serves as the basis for the scores that govern S&P DJI ESG indices.

TAIFEX is a trademark of Taiwan Futures Exchange and has been licensed for use
by S&P Dow Jones Indices.

TOPIX is a trademark of Tokyo Stock Exchange and has been licensed for use by
S&P Dow Jones Indices.

TSX is a trademark of TSX, Inc. and has been licensed for use by S&P Dow Jones
Indices.

TWITTER is a trademark of Twitter, Inc. and has been licensed for use by S&P Dow
Jones Indices.

VALMER is a trademark of Valuacion Operativa y Referencias de Mercado S.A. de
C.V. and has been licensed for use by S&P Dow Jones Indices

VIX and Cboe are registered trademarks of Cboe Exchange, Inc. and have been
licensed for use by S&P Dow Jones Indices.

Close

Indices

Disclaimer
S&P Europe 350

2,106.8

-0.81%

S&P 500

5,360.79

0.26%

DJIA

38,868.04

0.18%

S&P/TSX 60

1,318.68

0.14%

S&P/TOPIX 150

2,467.92

-0.19%

S&P/ASX 200

7,755.4

-1.3%

S&P Global BMI

382.39

-0.21%

S&P/BMV IPC

53,122.58

0.27%

S&P Latin America 40

2,555.73

-0.23%

S&P Asia 50

5,112.27

-0.1%

S&P China 500

2,327.38

-0.78%

S&P 500 Bond

490.82

-0.24%

S&P 500 VIX Short-Term Futures

1.25

0.74%

S&P Europe 350

2,106.8

-0.81%

S&P 500

5,360.79

0.26%

DJIA

38,868.04

0.18%

S&P/TSX 60

1,318.68

0.14%

S&P/TOPIX 150

2,467.92

-0.19%

S&P/ASX 200

7,755.4

-1.3%

S&P Global BMI

382.39

-0.21%

S&P/BMV IPC

53,122.58

0.27%

S&P Latin America 40

2,555.73

-0.23%

S&P Asia 50

5,112.27

-0.1%

S&P China 500

2,327.38

-0.78%

S&P 500 Bond

490.82

-0.24%

S&P 500 VIX Short-Term Futures

1.25

0.74%


Social Equity
Jun 11, 2024

ASSESSING COMPANIES' LGBTQ+ ENGAGEMENT



S&P Global's latest LGBTQ+ study analyzes companies' genuine support opposed to
superficial sympathy, or "pinkwashing."




Next in Tech Podcast
Jun 04, 2024

CORPORATE LANGUAGE ANALYSIS IN PRIDE MONTH



Sentiment analysis is a common use case for large language models in generative
AI.




Social Equity
Jun 26, 2023

STUDY: GLOBAL COMPANY LGBTQ+ AWARENESS SHOWS UPTICK, ROOM FOR GROWTH



While progress has stalled for many in the LGBTQ+ community, the corporate space
has shown positive momentum toward inclusion.







GEOPOLITICAL RISK

The world is changing. Geopolitical fragmentation is being fueled by cyber
threats, the war in Ukraine, US-China relations and more. Here, we outline
2024’s top geopolitical risks.
Geopolitical Risk


S&P GLOBAL DAILY UPDATE

Subscribe to the newsletter


MEASURING METRICS FOR MOATS

June 10, 2024



YOU CAN’T SPELL MONETIZATION WITHOUT AI

June 7, 2024



NUCLEAR GETS SMALL TO MEET GROWING GLOBAL ENERGY NEEDS

June 6, 2024



THE FUTURE OF GLOBAL ENERGY MARKETS IN FIVE TRENDS

June 5, 2024



S&P GLOBAL ACQUIRES VISIBLE ALPHA

We are excited to announce that Visible Alpha has been acquired by S&P Global.

Read more about the aquisition (opens in a new tab)


SPECIAL REPORTS

Read all special reports
Automotive
May 29, 2024

CHINA AHEAD IN DELIVERING AFFORDABLE ELECTRIC MOBILITY



In China, battery-electric vehicle penetration is expanding rapidly due to low
manufacturing costs, substantial government support and an abundance of
affordable products.




Social Equity
May 16, 2024

WORKING WHILE CAREGIVING: IT’S COMPLICATED



S&P Global teamed up with AARP to examine the experiences of family caregivers
at work.




Energy Transition
Mar 13, 2024

LOOK FORWARD: MULTIDIMENSIONAL TRANSITION



The global energy system has been in continuous transition for centuries, but it
is the current transition that has everyone talking.





--------------------------------------------------------------------------------


MARKET INSIGHTS


SUSTAINABILITY




ECONOMY




CAPITAL MARKETS




GLOBAL TRADE




ENERGY & COMMODITIES




TECHNOLOGY & INNOVATION




GEOPOLITICAL RISK




ARTIFICIAL INTELLIGENCE



Seek & Prosper
2023 Annual Report


UNCERTAIN WORLD, DISCOVER OPPORTUNITY.

It seems the world is disjointed. In a time of economic and geopolitical
volatility, our customers require a keen understanding of risks and the insights
to uncover opportunities.

S&P Global 2023 Annual Report (opens in a new tab)


ARTIFICIAL INTELLIGENCE INSIGHTS

More AI research
Artificial Intelligence
May 18, 2024

THE RISE OF AI-POWERED SMART CITIES



Smart cities could become even smarter through increased application of AI.
Explore more about AI smart cities and how they can impact people's lives.




AI Applications
May 28, 2024

AI IN REAL ESTATE: WHAT TO WATCH AS ADOPTION ACCELERATES



AI's application in the real estate sector remains relatively nascent, but the
technology will increasingly differentiate operations and products over the next
five to 10 years.




AI Applications
Apr 16, 2024

GENAI INVESTORS TARGET APP-MAKERS IN 2024 AS FOUNDATION MODEL FOCUS FADES



Generative AI investors are shifting their focus from the companies building
foundation models to the companies making applications built on top of those
models.




Look Forward: Multidimensional Transition
Mar 13, 2024

ENERGIZING INNOVATION: EXPLORING AI’S IMPACT ON THE ENERGY INDUSTRY



Energy companies are embracing advances in AI as they navigate the opportunities
and challenges of the energy transition.





AI Applications

Oct. 31 2023

AI IN BANKING: AI WILL BE AN INCREMENTAL GAME CHANGER

Banks are adopting generative AI, which promises earnings growth, improvements
to decision-making, and better risk management. But it also comes with new
risks, concerns, and costs that banks will have to manage.

We believe testing of generative AI solutions will accelerate over the next two
to five years, while benefits are likely to prove incremental.

Banks that successfully deploy AI could benefit from capabilities and
efficiencies that lead to competitive advantages and differentiation. This may,
eventually, have implications for our views on creditworthiness, primarily
through three areas: business franchise, financial performance, and risk
management.

AI in Banking



ESSENTIAL INTELLIGENCE FOR A CHANGING WORLD.

Seek & Prosper


THE ESSENTIAL PODCAST

Subscribe and listen to all episodes
Episode 101
Apr 17, 2024

THE PRICE OF TRANSITION WITH BRETT CHRISTOPHERS


Episode 100
Apr 04, 2024

DEGROWTH COMMUNISM WITH KOHEI SAITO


Episode 99
Mar 21, 2024

THE HARE AND THE TORTOISE; TIM EDWARDS AND PASSIVE BONDS POTENTIAL




 * Follow Us

 * (opens in a new tab)
 * (opens in a new tab)
 * (opens in a new tab)
 * (opens in a new tab)
 * (opens in a new tab)
 * (opens in a new tab)

 * Our Purpose
 * Our Values
 * Our History
 * Ventures
 * Press(opens in a new tab)

 * Investor Relations
 * Overview(opens in a new tab)
 * News Releases(opens in a new tab)
 * Quarterly Earnings(opens in a new tab)
 * SEC Filings & Reports(opens in a new tab)

 * Contact Us
 * Customer Care & Sales
 * Support by Division
 * Report an Ethics Concern(opens in a new tab)
 * Office Locations

 * Our Organization
 * Careers
 * Corporate Responsibility
 * Leadership
 * IOSCO ESG Rating & Data Product Statements

--------------------------------------------------------------------------------

Customize
 * Terms of Use
 * Cookie Notice
 * Privacy Policy
 * Client Privacy Portal
 * Do Not Sell or Share My Personal Information(opens in a new tab)

 * © 2024 S&P Global


YOUR COOKIE CONTROLS:

S&P Global uses cookies to improve user experience and site performance, offer
tailored advertising and enable social media sharing. By clicking "Accept All",
you agree to our use of cookies. By clicking “Reject All”, we will not place
cookies on your device unless strictly necessary for website functionality. For
details, please refer to ourCookie Notice
Customize Reject All Accept All


Your Opt Out Preference Signal is Honored


PRIVACY PREFERENCE CENTER

When you visit any web site, it may store or retrieve information on your
browser, mostly in the form of cookies. This information might be about you,
your preferences or your device and is mostly used to make the site work as you
expect it to. The information does not usually directly identify you, but it can
give you a more personalized web experience. Because we respect your right to
privacy, you can choose not to allow some types of cookies. Click on the
different category headings to find out more and change our default settings.
However, blocking some types of cookies may impact your experience of the site
and the services we are able to offer.
More information
Allow All


MANAGE CONSENT PREFERENCES

FUNCTIONAL COOKIES

Functional Cookies

These cookies enable the website to provide enhanced functionality and
personalization. They may be set by us or by third party providers whose
services we have added to our pages. If you do not allow these cookies then some
or all of these services may not function properly.

Cookies Details‎

TARGETING COOKIES

Targeting Cookies

These cookies may be set through our site by our advertising partners. They may
be used by those companies to build a profile of your interests and show you
relevant advertisements on other sites. Targeting cookies uniquely identify your
browser and internet device. If you do not allow these cookies, you will
experience less targeted advertising.

Cookies Details‎

PERFORMANCE COOKIES

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and
improve the performance of our site. They help us to know which pages are the
most and least popular and see how visitors move around the site.    All
information these cookies collect is aggregated and therefore anonymous. If you
do not allow these cookies we will not know when you have visited our site, and
will not be able to monitor its performance.

Cookies Details‎

STRICTLY NECESSARY COOKIES

Always Active

These cookies are necessary for the website to function and cannot be switched
off in our systems. They are usually only set in response to actions made by you
which amount to a request for services, such as setting your privacy
preferences, logging in or filling in forms.    You can set your browser to
block or alert you about these cookies, but some parts of the site will not then
work.

Cookies Details‎
Back Button


COOKIE LIST



Search Icon
Filter Icon

Clear
checkbox label label
Apply Cancel
Consent Leg.Interest
checkbox label label
checkbox label label
checkbox label label

Save Settings