{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-P3C38JNNT7",
  "slug": "kxinxminy-01jan2027",
  "question": "S&P 500 minimum value, January 1, 2027",
  "category": "financials",
  "event_type": "LADDER",
  "ladder_distribution": {
    "direction": "below",
    "implied_band": [
      5900,
      null
    ],
    "strikes": [
      {
        "threshold": 5900,
        "prob": 20
      },
      {
        "threshold": 6000,
        "prob": 20
      },
      {
        "threshold": 6100,
        "prob": 20
      },
      {
        "threshold": 6200,
        "prob": 24
      },
      {
        "threshold": 6300,
        "prob": 35
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    ]
  },
  "tags": [
    "financials",
    "sp500-minimum",
    "equity-markets",
    "price-level",
    "2027-resolution",
    "market-volatility"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track whether the S&P 500 index reaches discrete downside thresholds before January 1, 2027. Kalshi structures the event as a strike ladder: five binary contracts at 6,300, 6,200, 6,100, 6,000, and 5,900. Each contract prices the probability that the index touches or breaches that level intraday or on close. S&P Dow Jones Indices is the authoritative data source; Kalshi staff determination governs resolution.",
  "venues_covered": [
    "kalshi"
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  "primary_market_id": "CM-MKT-QD8LF22K59",
  "current_primary_mark": {
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    "implied_probability": 0.089
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  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
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      "question": "Will the minimum SP500 value reach below 6300.01 by Jan 1, 2027?",
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      "close_at": "2027-01-01T11:00:00Z",
      "resolve_at": "2027-01-08T05:00:00Z",
      "status": "open",
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        "rules_raw": "If the value of the S&P 500 index value starting Jan 1, 2026 and ending on Jan 1, 2027 is below 6300.01, then the market resolves to Yes.",
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        "applied_factors": 6
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      "question": "Will the minimum SP500 value reach below 6200.01 by Jan 1, 2027?",
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      "contract_type": "binary",
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      "question": "Will the minimum SP500 value reach below 6100.01 by Jan 1, 2027?",
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        "source": "For example, Google Finance",
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      "question": "Will the minimum SP500 value reach below 6000.01 by Jan 1, 2027?",
      "description": "6,000 or below",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "6,000 or below: S&P 500 index closing value on January 1, 2027, as published by S&P Dow Jones Indices and verified by Kalshi staff determination by January 8, 2027.",
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        "rules_raw": "If the value of the S&P 500 index value starting Jan 1, 2026 and ending on Jan 1, 2027 is below 6000.01, then the market resolves to Yes.",
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      "platform_market_id": "KXINXMINY-01JAN2027-5900.01",
      "question": "Will the minimum SP500 value reach below 5900.01 by Jan 1, 2027?",
      "description": "5,900 or below",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5,900 or below: S&P 500 index closing value on January 1, 2027, as published by S&P Dow Jones Indices and verified by Kalshi staff determination by January 8, 2027.",
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        "rules_raw": "If the value of the S&P 500 index value starting Jan 1, 2026 and ending on Jan 1, 2027 is below 5900.01, then the market resolves to Yes.",
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        "source": "For example, Google Finance",
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  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-P3C38JNNT7",
    "terms": "Attribution required. clearmarket.fyi"
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}