Nvidia (NVDA) and Five Tech Giants Now Command 30% of the S&P 500 Index (SPX)
The six biggest US companies now command a greater share of the S&P 500 Index than ever before.Microsoft Corp., Apple Inc., Nvidia Corp., Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. account for 30% of the benchmark, up from about 26% at the start of the year, according to data compiled by Bloomberg. The S&P 500 is weighted by stocks’ market capitalizations....
Read more at bloomberg.com