FX.co ★ Speculators Deepen Bearish Bets on S&P 500 Futures, CFTC Data Shows

Speculative traders have sharply increased their bearish exposure to the S&P 500, according to the latest data on CFTC S&P 500 speculative net positions from the United States. The net position fell from -99.8K contracts previously to -132.9K contracts, indicating a deeper net short stance among speculators.

The move suggests that traders are positioning more defensively on the broad U.S. equity benchmark, reflecting either rising caution over the market outlook or expectations of heightened volatility ahead. The updated figures, released on 06 February 2026, underscore a notable shift in sentiment as speculative participants expand their negative bets against the index.