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