Eight companies are to blame for nearly half the stock market’s decline this year—and the pain doesn’t end there
Karen Langley.
Apple Inc., Microsoft Corp. , Amazon . com Inc., Tesla Inc . and the parent companies of Google and Facebook swelled to be so big in recent years that they accounted for 25% of the S&P 500 heading into 2022. The benchmark U.S. stock index is weighted by market value, which means the biggest companies have the most influence.
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