Post
Hassan Imtiaz
What Could Cause the S&P 500 to Crash?
Since March 30, the S&P 500 has risen 23%, but just 10 companies accounted for 70% of that gain.
Nvidia alone accounted for 13%, while Micron, Apple, and Microsoft each contributed 9%. And the remaining 490 stocks? Just 30% of the growth.
In other words, for a significant correction, all it might take is some earnings-related issues or negative news surrounding a few companies from the top 10 👍
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$81,214.8+0.00%
ETH/USDTEthereum
$2,382.25-0.01%
SOL/USDTSolana
$102.48-0.01%
Today’s market buzz
1#TeslaRoadsterUnveiled
Hot
2#USCPIAndPPITopForecasts
3#SpaceXQ3Earnings
