KalshiClosedFinance

Will the S&P 500 be above 7589.9999 on Nov 2, 2026 at 4pm EST?

S&P price on Nov 2, 2026 at 4pm EST?

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Trading is closed on this market and it is awaiting settlement. Quotes are frozen at their last observed values.
Implied probability
19.0%
19.0¢ per contract
1 hour
—
24 hours
—
7 days
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Kalshi
Will the S&P 500 be above 7589.9999 on Nov 2, 2026 at 4pm EST? implied probability. Kalshi moved from 18% to 1%. Times shown in EST.0%20%40%60%80%100%15:25 ET15:33 ET15:42 ET15:51 ET16:00 ET

Market statistics

24h volume
$114K
Total volume
$114K
Liquidity
$123
Open interest
103,505
Spread
2.0¢
Best bid / ask
18¢ / 20¢
Closes
Nov 2, 16:00 ET
Status
closed

Order book

Executable asks for both outcomes, deepest first

Order book unavailable

The venue did not return resting depth for this contract. Quotes and history above are unaffected.

Why is this moving?

Evidence-grounded explanation

S&P 500 threshold market surges to 94% on thin volume

Weak evidence
Observed
Established from data

The Kalshi implied probability for the S&P 500 exceeding 7589.9999 on Nov 2, 2026, is currently priced at 94.0%. [p1]

Established from data

Over the past 24 hours, the market price moved +48.0 points, rising from 46.0% to 94.0%. [m24]

Established from data

The 24-hour trading volume for this market was $101K. [v1]

Established from data

Estimated resting liquidity stands at $194K, with a bid-ask spread of 4.0¢. [l1][s1]

Plausible explanation
Consistent with the evidence, not proven

The sharp +48.0 point increase in probability occurred alongside relatively low 24-hour volume ($101K) compared to resting liquidity ($194K), suggesting that limited order flow may have driven significant price movement due to thin market depth. [m24][v1][l1]

Caveats
  • Evidence does not identify specific news or fundamental drivers behind the price shift.

Evidence score 9/100. Ordering in time establishes correlation, not causation. Narrative written by qwen/qwen3.8-flash from a fixed evidence package and validated against it before publication; every figure is computed by ProudGlobeHead Markets.

Event timeline

Reconstructed from snapshots and trades
  1. Kalshi moves 18% → 1%

Largest recent trades

By notional value

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Most price-impactful trades

Ranked by realised movement adjusted for liquidity — not the same as the largest

No impact measured yet

Impact is computed once five minutes of post-trade price history exists for a print.