Reported about 1 year ago
The S&P 500 has seen a 15.3% total return in the first half of 2024, with five stocks accounting for 63% of the index's gains. These stocks include Nvidia, Microsoft, Alphabet, Amazon, and Meta Platforms, contributing to a $5.8 trillion increase in market capitalization. The dominance of these stocks is driven by advancements in AI and cloud technologies, leading to market concentration and questions about future market leadership and opportunities for investors beyond the top companies.
Source: YAHOO