Since 2020, the Magnificent 7 stocks have soared an average of 640%, dwarfing the SP 500s 100% gain and now accounting for 34% of the indexs weight, according to Jefferies. Performance within the group varies widely,
Big Data firm Palantir was the best performing large-company U.S. stock of 2024, returning 340.5% on the year.
U.S. stocks ended lower as tech shares recorded losses, while Morgan Stanley and Bank of America beat earnings expectations.
The S&P 500 index’s biggest sector, information technology, was rising sharply Friday afternoon, but the gains were not quite large enough to lift it into positive territory so far in 2025. The tech sector was up 1.
Nvidia (NVDA -1.10%) was added to the Dow Jones Industrial Average (\^DJI 0.52%) in November 2024. So, technically, it was only in the index for a small portion of the year. But it
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 S&P 500 ended 2024 with a milestone of annual gains not seen in nearly 30 years. The index ended 2024 up 23%, its second year in a row of over 20% gains. That feat marked the
Producer price data signals softer inflation, lifting Dow. Nasdaq, S&P 500 under pressure as Nvidia and Meta fall. CPI report looms for further insights.
The major indexes reclaimed their 50-day moving averages while bitcoin also rallied into Donald Trump's presidential inauguration. Many stocks flashed buy signals.
Buckingham shared this breakdown of valuations as of Dec. 31 for the core TPS portfolio and companies of the Russell 3000 Index RUA and the S&P 500, as well as those indexes' value and growth subsets. The Russell 3000 Index is cap-weighted and designed to capture 98% of the U.S. market for publicly traded common stocks.
The Dow, S&P 500, and Nasdaq rose Friday on the last trading day of Joe Biden's presidency as the stock market braces for change under Donald Trump.
Tesla and Nvidia led gains in megacaps, while Intel jumped 7.66 per cent following reports that the chipmaker is an acquisition target