Optimism on Wall Street: S&P 500 reaches new heights

Optimism on Wall Street: S&P 500 reaches new heights

On Wednesday afternoon, the S&P 500 was optimistic and was trading at 6,251.58 points via the NYSE at 8:00 p.m., which corresponds to an increase of 0.13%. Loud finance.net the index was able to hold its own successfully on today's trading day. Compared to the previous trading day, which ended at 6,257.91 points, there is a small deviation, the value of which was 6,243.76 points on the previous day.

The daily high was recorded at 6,261.60 points while the daily low was 6,201.59 points. There has been a slight decline of -0.057% since the beginning of the week. However, the index recorded an increase of 6.53% year-on-year. A month ago the level was 6,033.11 points, three months ago it was 5,275.70 points and a year ago it was 5,667.20 points.

Market analysis and company performance

The total market value of the S&P 500 members is currently 48.804 trillion euros. The fact that the index is a significant indicator of the performance of the largest US-based companies is clear from the composition of the 500 companies included. This is monitored by a committee of economists and analysts from Standard & Poor's, which applies fixed guidelines for the selection of member companies. The established heavyweights in the index include well-known companies such as Apple, Microsoft, Amazon and Facebook, which together make up a significant portion of the index weighting, reports boerse.de.

The winning stocks in the S&P 500 today include:

• Johnson & Johnson: +6,23% auf 164,83 USD
• Global Payments: +5,24% auf 81,68 USD
• Omnicom Group: +3,93% auf 73,56 USD
• Coinbase: +3,78% auf 402,67 USD
• Interpublic Group of Cos: +3,64% auf 25,07 USD

However, not all stocks are in an upward trend. The losing stocks include:

• Home Depot: -3,66% auf 302,70 EUR
• Micron Technology: -3,58% auf 115,81 USD
• Valero Energy: -3,29% auf 143,90 USD
• PayPal: -3,28% auf 61,36 EUR
• Universal Health Services: -3,15% auf 171,37 USD

Trading volume and fundamentals

The largest trading volume was registered for NVIDIA shares, with 21,899,235 shares traded and a market capitalization of 3.582 trillion euros. The fundamentals are also of interest: The company SVB Financial Group has the lowest P/E ratio within the S&P 500 with a price-to-earnings ratio (P/E) of 0.00. In contrast, First Republic Bank stands out with a projected dividend yield of an impressive 1,200.00%.

Overall, the S&P 500 reflects the various facets of the stock market and remains a key element for investors and analysts in the United States and beyond.