The US benchmark index S&P 500 is currently unable to recover. On Friday, the closing price was almost two percent lower than on the previous day.
Currently, the lowest in the negative are the prices of Netflix, Huntington Bancshares and Intuitive Surgical. Netflix’s stock was the worst performer. Netflix’s stock currently costs $402.46. It has thus fallen in price by 20.81 percent. The share price of Huntington Bancshares also fell. Compared with the previous day’s closing price, it lost 8.99 percent in value. The Huntington Bancshares security is priced at $15.18 at the hour. Intuitive Surgical’s shares are in third last place in the index ranking, with a discount of 8.36 percent. Currently, Intuitive Surgical’s paper costs $268.25.
Today’s loss further worsens the S&P 500’s negative record for the current calendar year. Since the beginning of the current year, the score of the stock market barometer has decreased by 7.18 percent. With 500 stocks, the S&P 500 calculated by Standard & Poor’s is one of the most comprehensive stock indices in the world. The S&P 500 provides a representative picture of the U.S. economy through its broad positioning and fixed numbers of stocks from specific industries. Only stocks where at least half of the shares are in free float and which reach or exceed a certain market capitalisation are included. Market capitalization is also the decisive factor in the weighting of stocks in the index. The S&P 500 was introduced on May 4, 1957.
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