Five Big Tech Stocks Are Driving Markets. That Worries Some Investors. – The Wall Street Journal
December 22, 2021
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The stock market’s rise this year has narrowed around a short list of big tech companies, a sign of possible weakness heading into 2022.
Five of the biggest stocks in the S&P 500 account for more than half of the broad benchmark’s gain since April, analysts at Goldman Sachs found. Of the S&P 500’s 24% advance this year, those stocks— Microsoft Corp . , Nvidia Corp . , Apple Inc., Alphabet Inc . and Tesla Inc . —are responsible for around one-third.