When discussing financial markets, particularly commodities and energy, the term “IHS Quote” often surfaces. It’s crucial to understand that “IHS” itself is not an exchange or trading platform like the New York Stock Exchange or NASDAQ. Instead, IHS was a prominent information provider, now part of S&P Global, a leading provider of ratings, benchmarks, analytics and data to the capital and commodity markets worldwide.
The “IHS Quote,” prior to S&P Global’s acquisition, typically referred to price data and analysis provided by IHS Markit (now S&P Global) concerning specific commodities, energy products, or financial instruments. This data was highly valued by traders, analysts, and investors for its comprehensiveness and accuracy. Think of it as specialized market intelligence that goes beyond simple stock prices.
Specifically regarding Google Finance, you won’t directly find a section labeled “IHS Quote.” Google Finance primarily focuses on displaying publicly traded stock prices, market indices, mutual funds, and other common financial instruments that are traded on exchanges. It’s geared towards the general investor tracking mainstream markets.
However, the information originally sourced from IHS Markit (now S&P Global) indirectly influences what you see on Google Finance. Here’s how:
- Company Performance: If Google Finance shows you the stock price of an oil and gas company, the financial performance of that company is significantly impacted by the price of crude oil and natural gas. These prices, which were previously meticulously tracked and analyzed by IHS Markit (and now S&P Global), are crucial to understanding the company’s profitability and thus, its stock valuation. Google Finance displays the *effect* of these commodity prices, not the raw IHS data itself.
- Industry Trends: Similarly, IHS Markit (now S&P Global) provided industry reports and analyses covering various sectors, including energy, automotive, and technology. These analyses would influence market sentiment and investor decisions, which are then reflected in the stock prices displayed on Google Finance.
- Indirect Data Integration: Some financial data providers who *do* use S&P Global (formerly IHS Markit) data might indirectly feed information into Google Finance through aggregated market data feeds. However, this is less about a direct “IHS Quote” and more about the influence of S&P Global’s data on the overall market landscape.
To access the kind of in-depth commodity and energy market data that was previously associated with the term “IHS Quote,” you would now typically need to subscribe to S&P Global’s services directly or access financial terminals (like Bloomberg or Refinitiv) that integrate their data feeds. These platforms offer granular data, expert analysis, and sophisticated tools for understanding complex markets, going far beyond the summary information available on Google Finance.
In summary, while you won’t find a specific “IHS Quote” section on Google Finance, the information and analysis formerly provided by IHS Markit (now S&P Global) remain vitally important for understanding various markets, and they indirectly influence the performance of publicly traded companies and market trends reflected on platforms like Google Finance.