- The seven major tech powerhouses, Apple, Microsoft, Amazon, Alphabet, Facebook, Tesla, and Nvidia, collectively exert significant influence on the S&P 500 Index.
- Over time, these tech titans have escalated their contribution, presently accounting for nearly 45% of the Index's gains.
- Concentrated influence of these companies presents potential risks and rewards for the broader market and individual investors.
by Fiscal Beat Staff | Feb 3, 2024