Technology companies now account for nearly 40% of the S&P 500 and are set to end the year eclipsing a record of 37% from 1999
My look at tech's historic share of markets and what comes next after such a fast runup: https://www.wsj.com/... https://twitter.com/... @wsj : Companies that do everything from manufacturing phones to operating social-media platforms now account for nearly 40% of the S&P 500 https://www.wsj.com/... Subrahmanyam Kvj / @sub8u : Tech is eating market valuations! Tech companies now account for nearly 40% of the S&P 500. During the peak of the dotcom boom, they were at 37% in 1999. https://www.wsj.com/... https://twitter.com/... John McCormick / @mccormickjohn : Technology companies are set to end the year with their greatest share of the stock market ever, topping a dot-com era peak in the latest illustration of their growing influence on global consumers, by @AmrithRamkumar : https://www.wsj.com/... https://twitter.com/... @scottmelker : “The concentration of gains in a narrow group of companies concerns many investors, who worry that stocks are too dependent on the sector and that a significant pullback in a few names could bring down markets.” https://www.wsj.com/...
“The longer this backdrop continues, the further they're going to pull away from the pack”—My look at tech's historic share of markets and what comes next after such a fast runup: https://www.wsj.com/... https://twitter.com/...
Companies that do everything from manufacturing phones to operating social-media platforms now account for nearly 40% of the S&P 500 https://www.wsj.com/...
Tech is eating market valuations! Tech companies now account for nearly 40% of the S&P 500. During the peak of the dotcom boom, they were at 37% in 1999. https://www.wsj.com/... https://twitter.com/...
Technology companies are set to end the year with their greatest share of the stock market ever, topping a dot-com era peak in the latest illustration of their growing influence on global consumers, by @AmrithRamkumar : https://www.wsj.com/... https://twitter.com/...
“The concentration of gains in a narrow group of companies concerns many investors, who worry that stocks are too dependent on the sector and that a significant pullback in a few names could bring down markets.” https://www.wsj.com/...