U.S. tech stocks are now worth more than the entire European stock market

U.S. tech stocks were now more valuable by market cap than the entire European market, according to Bank of America.A sign thanking healthcare workers is displayed on the Nasdaq MarketSite in the Times Square neighborhood of New York, U.S., on Monday, April 6, 2020.The dominance of major U.S. tech stocks in recent years has pushed the sector past another milestone as it is now more valuable than the entire European stock market, according to Bank of America Global Research.

The firm said in a note that this is the first time the market cap of the U.S. tech sector, at $9.1 trillion, exceeds Europe, which including the U.K. and Switzerland is now at $8.9 trillion. For reference, the firm said that in 2007, Europe was four times the size of U.S. technology stocks. Tech pulling ahead of the European continent comes as the U.S. market has become increasingly concentrated in megacap tech stocks, worrying some market strategists. The five biggest tech stocks —

Europe stocks close on the lows of the day

Why hasn't Bank of America notified everyone that they issued millions in unemployment debit cards to frauds? Unemployment is not verifying information, Bank of America just sends out debit cards. So far about $15,000 per person. No end in site. B OF A doesn't answer phones.

🎵🎵🎵tune for the day......you like you share🎵🎵🎵

I’m selling on Monday we officially in a bubble

Bubble. $XBI oversold.

For those who don't know who is gonna suffer the most when Central banks printing money, it's the honest people who save their money and don't not borrow. Mostly middle class. If u wipe out those people's money, you are looking at another Nazi and ww3.

Good job Fed!

This is what people like BernieSanders and RepAOC ignore — the long-term benefits of capitalism, democracy, rule of law and a world-peace maintaining strong military. Europe needs the U.S. to convert to full-bore socialism so it’s not such an obvious failure.

Well it’s true... Tesla Apple Google Facebook Microsoft amazon 🇺🇸 🇺🇸

God has sent His prophets to this land to clean up The House of The LORD. GlobalMidnightExpress

iruvilo

Bubble

dahboo7 I can hear the money printers going now. How long can they prop this up?

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