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

No, 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. "Even if the generals are strong on the front line, if the soldiers have fallen way behind, it's not as strong a front as if you had generals and soldiers on the front line," says Sonders. The risk is that some of those market leaders could come back to Earth, and bring the value of the index down with them, says Liz Young, head of investment strategy at SoFi.

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 »

The 7 largest stocks in the S&P 500 have returned 92% on average this year\u2014but \u2018it's not terribly healthy' for marketsThe seven largest stocks in the S&P 500 have returned 92% on average this year. The problem, experts say, is that the rest of the index isn’t keeping\u2026
Source: NBCDFW - 🏆 288. / 63 Read more »