Just 20 stocks on the S&P 500 are responsible for nearly all its gains this year as Big Tech leads rally
Together, these megacap stocks are responsible for the $2.05 trillion of market value added to S&P 500 year-to-date, compared to $320 billion of value created by the index's other stocks.
It marks a sharp turnaround from 2022, when the tech sector was especially battered as the Federal Reserve hiked interest rates in order to combat high inflation. But as bank runs dominated headlines in March, investors flocked to tech, which had limited exposure to the financial sector and was already gaining momentum from new trends, such asAt the same time — with banks tightening their lending standards to avoid a further contagion — the Fed moderated its aggressive tightening policy.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock market news today: S&P 500 falls after jobs reportUS stocks fall as investors weigh how Friday's jobs data will impact the Fed's next rate decision
Weiterlesen »
Dow, S&P 500 eke out gains as investors await inflation updateU.S. stocks closed mostly higher on Monday, except for the Nasdaq, as investors awaited on fresh economic data and corporate earnings to kick off. The Dow...
Weiterlesen »
Ukraine issues warning about new modified Russian FAB-500 aerial bombsUkrainian commander Mykola Oleshchuk warned that 'peaceful residents in the northern, southern, and eastern regions are suffering' due to these modified bombs.
Weiterlesen »
Stock Market Today: What to WatchStock futures were little changed after Friday's jobs report. Follow the latest markets updates.
Weiterlesen »
Garcia: The Lexus LC 500 ranks among the elites of auto designThe Lexus LC 500 ranks along with the Jaguar E-Type, the Lamborghini Miura and the Volvo...
Weiterlesen »
Chevy reveals special Camaro celebrating 2023 Indy 500The Chevy Camaro is on its way out, but not before the arrival of some special editions.
Weiterlesen »