There are 11 stock market sectors, but only three beat the S&P 500 last year: communications, financials, and consumer discretionary. Even the technology sector underperformed the S&P 500 last year. In fact, only 148 S&P 500 components beat the index last year, meaning over 70% of components underperformed the index.
Alphabet ( GOOG) ( GOOGL ), Philip Morris International ( PM) and Mastercard ( MA) were among the least shorted S&P 500 ( SP500) stocks at December end.
So-called Big Tech stocks with outsized weightings in the S&P 500 were rising sharply Wednesday, with gains led by Nvidia Corp. The Roundhill Magnificent Seven ETF, whose portfolio equally weights seven Big Tech stocks — Nvidia,
The S&P 500 and Nasdaq have both felt pressure as shares of major tech companies came under pressure Monday. Investors continue to keep a close eye on rising Treasury yields, which heighten worries about valuations, particularly for some of the market's most highly valued names.
The biggest US tech stocks have enjoyed an earnings bonanza in the past two years, leading to their significant outperformance of the broader market.
Investors are also turning to derivatives, such as CME Group’s S&P 500-equal weight futures, to bet on the S&P while hedging against a sharp drop in tech stocks. The contract, which launched in February, has averaged open interest of 16,500 contracts this month, worth about $2.4bn.
Wall Street’s biggest players moved to protect themselves against tech stock dominance in 2024, driving record cash into a fund that splits money evenly across all S&P 500 stocks. The Invesco S&P 500 Equal Weight exchange-traded fund pulled in $17 billion last year,
After jumping 6.75% this week, Nvidia ( NVDA 4.43%) took the baton from Apple ( AAPL 0.53%) as the world's most valuable company, with a market cap of $3.60 trillion. The switch comes partly fueled by the positive news out around the Stargate project.
Dan Loeb is swapping out one of the cheapest industry-leading AI stocks for another with well-defined competitive advantages and a nosebleed valuation.
Investing in the US stock market from India can be done with exposure to exchange-traded funds listed on US stock market exchanges.
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.
Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.