NVDA contributing 3.58% to the S&P 500's total market value
The graph illustrates the variation in the $S&P 500(.SPX)$ 's total market value, a reliable indicator of SPX's returns.
The modest market value rise is 9.16% year-to-date, with $NVIDIA Corp(NVDA)$ contributing 3.58%—equivalent to 39% of the S&P 500's gain.
Additionally, $Amazon.com(AMZN)$ $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ collectively contribute 1.41% to the S&P 500's gain YTD, representing 15%.
Four stocks contribute to 54% of the S&P 500's gain YTD, despite accounting for 19% of the total market capitalization for the S&P 500.
NVDA ’s Fundamentals are strong and a consolidation is more expected than another move. Same for META and MSFT.
That said, there are healthy companies injecting gains to the index.
Image
https://x.com/SmartReversals/status/1793976479753113631
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- feelond·05-25But it's good to see other strong companies contributing as well.LikeReport
- ZebulonToynbee·05-25NVDA seems to be driving a significant portion of it.LikeReport
- KSR·05-26👍LikeReport
- YueShan·05-26Good⭐️⭐️⭐️LikeReport
- Kevinshen2023·05-25GreatLikeReport
- AuntieAaA·05-25GOODLikeReport