11.10.2024 10:59:00

1 Unstoppable Vanguard ETF to Buy During the S&P 500 Bull Market

The S&P 500 (SNPINDEX: ^GSPC) continues to set new records, extending the bull market that began when the index bottomed in Oct. 2022. The technology sector is leading this incredible run thanks to its powerful earnings growth and innovation in areas like artificial intelligence (AI).Since the S&P 500 is weighted by market capitalization, the largest companies in the index have a greater influence over its performance than the smallest. It's currently sitting on a gain of 20% year to date, significantly better than the 12% gain for the S&P 500 Equal Weight index (which assigns the same weighting to every stock regardless of size).The difference can be explained by the whopping 53.2% average return of the top five S&P 500 stocks this year: Apple, Microsoft, Nvidia, Amazon, and Meta Platforms.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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