If the end-of-day S&P 500 index value for December 31, 2025 is between 6400-6599.99, then the market resolves to Yes. Outcome verified from For example, Google Finance.
The market will expire at the sooner of the first 7:00 PM ET after the release of the data, or one week after December 31, 2025.
Pursuant to the Kalshi Rulebook, the Exchange has modified the Source Agency and Underlying for indices markets. See the rules for more information.Note: this event is mutually exclusive.
Timeline and payout
About
The S&P 500 index has been trading near all-time highs, with a closing all-time high of 5,325 and an intraday all-time high of 5,340. As of June 11, 2024, the market opened lower due to anticipation of the Federal Reserve meeting and CPI data. The index has been somewhat sideways recently, awaiting clarity on the Federal Reserve's policy.
1.Kalshi is not affiliated with the indices creators in any way or fashion and the indices creators do not sponsor or endorse Kalshi or its products in any way. Kalshi does not sponsor, endorse, recommend, or represent in any way the quality, value, utility as a market proxy, utility as a market benchmark, or any other use of any index. Kalshi’s contracts can be used by traders who have direct exposure to an index, such as through a 401K, to hedge risk directly related to that exposure.S&P 500 is a registered mark of Standard & Poor’s Financial Services, LLC. NASDAQ-100 is a registered mark of Nasdaq, Inc. Kalshi is not affiliated with either Standard & Poor’s or Nasdaq and neither Standard & Poor’s or Nasdaq, nor its affiliates, sponsor or endorse Kalshi or its products in any way. In particular, the Kalshi Contracts are not sponsored, endorsed, sold or promoted by Standard & Poor’s or Nasdaq.