August 1, 2020 - 6:21 PM EDT
Apple, Amazon, Microsoft, Google, and Facebook confound index skeptics, as their earnings beats drive the S&P 500 to even greater concentration





Apple, Amazon, Microsoft, Google, and Facebook confound index skeptics, as their earnings beats drive the S&P 500 to even greater concentration
  • Five stocks -- Microsoft, Apple, Amazon, Facebook and Google -- now account for 21.65% of the S&P 500. During the tech bubble, the top 5 stocks in the S&P 500 only reached 18% of the index.
  • More news on: SPDR S&P 500 Trust ETF, Invesco S&P 500 Equal Weight ETF, iShares Core S&P 500 ETF, News on ETFs, ,
  • Read more ...

Source: SeekingAlpha (August 1, 2020 - 6:21 PM EDT)