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Global Markets Investor
@GlobalMktObserv
Global Markets Investor is a financial research platform covering global markets and economies. Founded by a Wall Street equity and macro research professional.
Joined July 2023
62 Following    99K Followers
The US tech sector has never been BIGGER: Technology stocks now account for more than 50% of the S&P 500's total market capitalization, exceeding all other sectors COMBINED. $XLK This puts the sector's total market value above $34 TRILLION. By comparison, the next-largest sectors, Financials and Health Care, account for approximately 14% and 12%, respectively. To put this into perspective, before the 2000 Dot-Com Bubble burst, technology represented ~26% of the US equity market. Technology's dominance over the US equity market is unprecedented.
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