⚠️CHART OF THE WEEK: US stock market concentration bubble is getting even bigger
The top 10 S&P 500 stocks reflect now a record 40% of the S&P 500 market capitalization
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The top 10 S&P 500 stocks market capitalization account now for a record 40% market value of the index. This share is now 14 percentage points higher than at the 2000 Dot-Com Bubble Peak.
These 10 stocks have contributed over 50% to the S&P 500 this year’s gain. In other words, the top 10 has driven most of the market gains. This has never happened before.
More on the historical concentration, market valuations, and the investors' sentiment in the below articles:
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