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5 Top-Performing S&P 500 Stocks of 1H Set to Shine Further
CEGstellation Energy (CEG) ZACKS·2024-07-02 09:16

The "Magnificent Seven" is the biggest engine of growth for the S&P 500, accounting for 31% of the weightage in the index. About 60% of the gains were driven by "mega-cap" tech companies — NVIDIA, Microsoft, Amazon, Meta Platforms and Apple. NVIDIA alone accounted for 31% of the market's first-half advance. With the latest surge, NVIDIA, Apple and Microsoft are in the race to become the world's most valuable company and hit a market capitalization of $4 trillion on surging enthusiasm over AI capabilities. T ...