Ten stocks leading the S&P 500 (^GSPC) accounted for 59% of the index’s gains since 2022. Tech names like Nvidia (NVDA), Super Micro Computer (SMCI), and Broadcom (AVGO) lead the index higher.
Madison Mills breaks down the performance of the top 10 names and compares it to that of the next 10 stocks and the rest of the S&P 500 components, examining what it signals about market breadth.
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This post was written by Naomi Buchanan.