News Formal

This Stock Market Indicator Is The Weakest It’s Ever Been—And Other Warning Signs Are Flaring

  • 📰 Forbes
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

The “extreme concentration” in stocks right now supports a “bearish outcome for the market,” JPMorgan is warning.

releases from Microsoft, Meta and Google parent Alphabet, the S&P 500 and tech-heavy Nasdaq have jumped about 2% and 3% since Tuesday, respectively—tacking on to a rally that’s seen the Nasdaq surge 17% this year.

For one, the market value of the S&P’s two largest stocks, Apple and Microsoft, commands some 14% of the index’s value as a whole—the most ever in history; meanwhile, the ten largest stocks are responsible for nearly 90% of the S&P’s return this year—also the most ever.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Biggest Movers: LTC Back Under $90.00, as SOL Extends Declines – Market Updates Bitcoin NewsLitecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish.
Source: BTCTN - 🏆 531. / 51 Read more »