S&P Global Tumbles to 171st in Trading Volume Despite Strong Credit Issuance Outlook

S&P Global (SPGI) fell 0.28% on July 30, 2025, with a trading volume of $0.67 billion, ranking 171st in market activity. The company is expected to report a higher-than-anticipated second-quarter profit, driven by robust June credit issuance activity. Investor focus will center on management’s commentary regarding the ratings business, particularly as the sector navigates evolving market dynamics and regulatory scrutiny.

The broader market anticipates strong earnings from tech and cloud computing firms, but S&P Global’s performance remains tethered to fixed-income market activity. Analysts highlight that the firm’s credit rating services and data analytics divisions are critical to its near-term outlook, with potential tariff impacts on corporate borrowing costs adding uncertainty. However, the firm’s June credit issuance figures suggest continued demand for its services amid macroeconomic volatility.

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