In 1H 2024, just 3 stocks drove 49% of the S&P 500 gains. These three stocks are Nvidia, Alphabet, and Microsoft. If you are looking at the Magnificent Seven (Microsoft, Apple, Alphabet, Nvidia, Amazon, Meta, Tesla), they account for roughly 35% of the S&P 500 in terms of market cap. This brings to question if […]

source: https://thefinance.sg/2024/08/25/will-you-invest-in-a-sp-500-equal-weight-etf/