Ten Stocks Are Holding the S&P 500 Together While the Rest of the Market Lags Behind

TLDR: Only 10 stocks contributed 69% of the S&P 500’s 16% rally, leaving 490 companies largely behind. Microsoft, Alphabet, and Amazon pledged a combined $570B+ in AI spending, fueling the tech surge. The equal-weight S&P 500 gained just 7–8%, less than half the performance of the standard index. Goldman Sachs warned that market breadth has [...]

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