S&P 500 stock market: price rises by 0.80 percent

S&P 500 stock market: price rises by 0.80 percent

On the stock market, the S&P 500 recorded an increase of 0.80 percent to 5,104 points. Positive sentiment dominates the market, with a slight increase in the selection index. The list of winners is led by companies such as Amgen, Enphase Energy and Live Nation Entertainment. The biotechnology company Amgen in particular recorded a share price increase of 13.23 percent. Enphase Energy and Live Nation Entertainment also recorded price increases of 8.32 percent and 6.91 percent, respectively.

On the other hand, Expedia Group, Ingersoll-Rand and Fortinet are among the worst performers in the S&P 500. Expedia Group shares are down 12.99 percent, followed by Ingersoll-Rand with a decline of 6.53 percent and Fortinet with a decline of 6.50 percent. Despite these negative developments, the S&P 500 has already shown a positive price trend in the current calendar year, with an improvement of 6.55 percent since the beginning of the year.

The S&P 500 consists of 500 stocks and is calculated by Standard & Poor's and is considered one of the most comprehensive stock indices in the world. With a diversified lineup and a set number of stocks from different industries, the S&P 500 provides a representative picture of the U.S. economy. The index was introduced on May 4, 1957.