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Five stocks power US markets to 14% gain for first half of 2024

Financial Times LogoFinancial Times2d ago

Five stocks power US markets to 14% gain for first half of 2024 - Financial Times

Quick Summary:

Nvidia alone accounted for 31 per cent of the market’s first-half advance.

Chisholm said most investors — influenced by comparisons with the dotcom bubble — assumed that the current high level of concentration was inherently unstable.

The equal-weighted version of the S&P 500 was only up about 4 per cent year to date, and down in the second quarter.


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Article Details

Author / Journalist: Nicholas Megaw

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 20:43:31 (2 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 559 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21412180

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 2 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 15 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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