The 7 largest stocks in the S&P 500 have returned 92% on average this year\u2014but \u2018it's not terribly healthy' for markets

The 7 largest stocks in the S&P 500 have returned 92% on average this year—but ‘it's not terribly healthy' for marketsNo, not the movie with Yul Brynner and Steve McQueen or the remake with Denzel Washington. Rather, they're keeping an eye on the seven largest stocks in the S&P 500. Those are, in order of market capitalization : Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla and Meta Platforms.

The difference is the"Magnificent Seven." As a group, these stocks have returned 92% in 2023 on average. In a popular analogy for the latter scenario, technical analysts might say that the generals are charging while the soldiers are in retreat. "It's more often than not that some of the larger-cap names are going to drive performance," she says."It becomes a bigger risk when it's … dramatic underperformance by basically the rest of the index."

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500 Earnings Season to Begin With Big Banks and Financials at Center StageStocks Analysis by Brian Gilmartin covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500: Can Nonfarm Payrolls Save the Market From Another Move Lower?Market Overview Analysis by Michael Kramer covering: S&P 500, NVIDIA Corporation, United States 3-Month, United States 10-Year. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »