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21.11.2024 10:27:00

1 Unstoppable Vanguard ETF to Buy With $605 During the S&P 500 Bull Market

The S&P 500 continues to set new record highs, extending the bull market that began when the index bottomed in October 2022. The technology sector is driving the rally thanks to its incredible earnings growth, led by tailwinds like artificial intelligence (AI).The S&P 500 is weighted by market capitalization, so the largest companies in the index have a greater influence over its performance than the smallest. It's up 23.8% so far this year, crushing the 14.4% return of S&P 500 Equal Weight index (which assigns the same weighting to every company, regardless of its size).The difference can be partly explained by Nvidia stock, which has soared 194% this year. Other tech giants have also made a significant contribution to the strong gain in the S&P 500: Oracle stock is up 76%, and Meta Platforms stock has gained 60%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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