These 5 Stocks Account for 63% of the S&P 500 Returns So Far This Year
Fri, Jul 5, 2024 3:49 PM

These 5 Stocks Account for 63% of the S&P 500 Returns So Far This Year

A Flip by Shubhangi Gupta
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The S&P 500 has produced a total return of 15.3% through June 2024, driven mainly by five stocks: 📌Nvidia, 📌Microsoft, 📌Alphabet, 📌Amazon, and 📌Meta Platforms, which account for 63% of the index's market capitalization increase. These companies have invested heavily in artificial intelligence, cloud platforms, and data centers, leading to their dominance in the market.

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